Purchasing a car of any kind is a sizeable investment to make. After all, ideally a car should really last you a few years, even if a few components need to be switched out here and there to extend the vehicles lifespan. They’re expensive, and you’re stuck with them for a good while before moving on to the next. Of course, like anything else, each day can slowly chip away at the quality of the car as they descend toward more frequent blunders and breakdowns.
However, this doesn’t mean that second-hand cars are a bad buy or instantly doomed to die. They can be just as good as a newer car, and example companies like AA offer a range of excellent used cars that can outstrip the fresher models. Put simply, if you know where to look and who to deal with, you can bag a good deal. Here’s a few things to remember when shopping for a second-hand car.
Learn Everything About the Car
Buying faulty goods is the fault of the seller, and partially, of the buyer too. Ignorance will often equate to money loss and lousy buys across many points of life, so it’s important you’re informed as much as you can be before you sign for anything. If you know what you want and what your expectations are, the dealer is at your mercy, not the other way around.
As the buyer of a second-hand vehicle, you can ask the dealer questions about the cars quality, insurance and general history. Refuse to buy anything until you’re satisfied. You can also do your own independent research about makes and models online and browse reviews from past buyers. Ultimately, it’s important to remember that you shouldn’t buy anything without being completely sure.
You Know Best
Many salespeople will claim their product is the best in town, when deep down you know they’ve left out a lot of important information that would tell you otherwise. It’s dishonest and deceitful, but some companies have more integrity, and if they don’t, you can make sure they act that way with you. You’re the customer, and for the purposes of the exchange, you’re the boss too.
There’s a lot of room to haggle with second-hand cars. After all, some dealers may want to shift certain used vehicles fast, or simply have a private, deep rooted anxiety that they’ve overpriced their stock. Exploit this. Remember, they’re not following a hard and fast guide on selling cars. Throw some of their own pushy demeanour back at them and make a stake for a lower price; you might clinch a bargain.
Of course, not everyone is blessed with the luck and confidence required to haggle for a lower price. Some dealers can be stubborn and relentless and refuse to be swayed to a cheaper deal. However, if the going gets tough and your personal finances don’t allow for an immediate buy, there’s still a viable alternative.
Car financing is, for all intents and purposes, a car loan. You can simply borrow the money to purchase the car from a bank and slowly pay it back over time. By pacing your payment, you can get on the road quicker in a financial method that doesn’t rip a gaping hole in your bank account. Ultimately, this option protects you, and is a sensible move to make during any kind of financial toil.