Buying a used car can be a daunting task. It makes sense financially. After all, you can get a car in great working condition for a very decent price. But, buying a used car is also a bit of a gamble. If you’re not aware of the pitfalls, you could end up buying a lemon. Tip Top Cash for Cars provides car buyers with the following tips for buying a used car.
Have A Clear Budget in Mind
Before you start shopping for a used car, set your budget. Remember that car ownership is not cost-free. On top of the vehicle’s price, there will be maintenance, service, and fuel costs, as well as insurance. If you are financing the car, get online for an online car loan calculator which will help you determine monthly payments you can afford.
Do Your Research
When buying used vehicles, research is very pertinent. There are many online sites where you can research and review vehicles. Don’t buy a vehicle until you’ve thoroughly researched and reviewed the vehicle.
Question the Seller
If you are purchasing a vehicle from a private buyer, be sure to ask them questions. Ask how long they have owned the vehicle. Ask if they are the original owner of the vehicle, if it has been involved in any accidents, past and present issues, etc. Also, complete a VIN check. The VIN check will provide information on the vehicle, such as accidents, any encumbrances, if the vehicle was ever stolen, etc. Asking relevant questions will give you a better idea of the vehicle and if it’s the right choice for you.
Test Drive the Vehicle
Never buy a car without test driving it first. Quick tip: when test driving a vehicle, keep the radio off. Listen for engine sounds. Drive the vehicle on city roads and the highway. Check the heating and cooling, cruise control, safety brake, etc.
Hire A Professional for A Thorough Inspection
It is always a good idea to have an auto mechanic inspect the vehicle. They will be able to spot any issues that could potentially end up costing you a fortune in the future.
If the inspection of the vehicle discovers issues, request a repair costs quote and use this as a negotiating tool for a lower price. If the issues are serious, you may want to reconsider its purchase.
Collect All the Relevant Paperwork
Collect all paperwork on the vehicle such as previous maintenance and service repairs history, original copies of the sales paperwork and title, etc. You will need to get a bill of sale from the seller, which lists the seller’s name and address, make and model of the vehicle, its VIN and the price you paid, as well as the date that you purchased the vehicle.
Car sellers that would like to get their vehicles sold can get them sold at Tip Top Cash for Cars Newcastle. We buy all makes and conditions of vehicles, paying cash for cars.
Call us at 0487 002 222.