So, you’ve made the decision to go second hand with your next car purchase? May we compliment you on your choice. Since they say that a new car loses nearly half of its value in its first year, and with environmental issues demanding more investments are ‘circular’, buying a used vehicle is certainly a prudent move. That said, and despite the reduced price, it’s not a decision to be taken lightly. With that in mind, here are 6 IDEAL things to consider before buying a second hand car.
RESEARCH LIKE YOU MEAN IT
The internet is omnipotent. It sees everything. It knows everything. So, when it comes to your second hand car purchase, we suggest you do your homework with all the enthusiasm of a modern day grade A student. When researching, consider the car type that you want, the particular brand and the reputation it carries. Check reviews keenly, particularly if this is a car with longevity and durability, since it’ll be used. There’s no harm in being meticulous and fussy when it comes to your investments.
THE IDEAL DEALER
Nope, not the kind who makes your Glastonbury a little more special. Instead, it’s vital you track down a reputable and reliable used car specialist here. With so many dealers and websites out there for you to consider – some scrupulous, some less so – start by seeking out a seller who you can trust, one with a sound reputation who’ll be honest when doing business with you.
The AA website, for instance, features thousands of used cars from a network of reputable dealers from every corner of the country. When you find the right dealer, you’re ready to begin checking out some cars and to do this thoroughly, this needs to be done face-to-face.
SET A LIMIT ON YOUR BUDGET
It is essential to have a fixed budget for the car that you want to purchase. Otherwise, costs may run away with you, should you fall in love with a vehicle out of your price range. So, set aside a certain amount of money and trust your judgement accordingly. If you happen to be on a tight budget and it will be financially painful to pay outright, you can negotiate with the dealer about other financing options. There are plenty of sites out there, such as www.carfinancegiant.co.uk, offering financing alternatives to a single payment, depending on your capabilities and credit score, of course.
USE AND MAXIMISE YOUR CONNECTIONS
Social media is an excellent platform to seek recommendations regarding the best choices when purchasing a used vehicle. Trusted source’s experiences about dealerships—may it be positive or negative—will help you in getting to your final decision.
You can also leverage your contacts and links in your neighbourhood and community to find better deals. ‘It’s not what you know, it’s who you know’ never sounded so succinct. Think of it as similar to searching for employment; you need to turn on your networks because someone in your circle could guide you in scoring your perfect set of wheels.
DON’T NEGLECT PROMOTIONS AND REBATES
There are dealers out there that provide exclusive deals and incentives that you can take advantage of. Keep your finger on the social media button, particularly Facebook and Twitter, since dealers may post rebates, online discounts, and promotions that they have not advertised anywhere else. And when you find one that suits your needs, pounce.
EXPLORE YOUR OPTIONS
Love at first sight; it can be an impulsive, pesky business. You might want to take home the car once you test it, but it’s more sensible to check other options to compare which is better. Not all first times fit perfectly, and some cars will only reveal their true potential after a while in your company, so explore various options, do a thorough assessment of each, and pay particular attention to factors like size, transmission, mileage, engine, equipment and features.
That deeper dive we just suggested? Your pool of knowledge is right over here, at our 5 IDEAL questions to ask before buying your next car.