5 Things To Consider Before Buying A Used Car
Besides buying a home, an automobile is one of the largest purchase that most people will ever make. It is therefore very important to ensure that you get it right when you buy one. While buying a brand new car from a factory can be a little easier, buying a used car from a private seller can be a bit tricky. So what things should you do before buying a used car? In addition to working with a broker like Brisbane car loans, below are 5 important things to do.
Conduct a thorough inspection
Before buying a used car, the most important thing that you need to do is inspecting the car and possibly getting a written repair estimate. When you inspect the car, you will get to know its real state meaning that you will easily detect if the car has any mechanical problem. Because it is actually not possible to inspect the car yourself unless you are a qualified auto repair technician, get a trusted person to do the job for you. However you should be very careful not to accept the opinion of technician whom the seller has referred you to because he/she may not give you honest opinion about the real state of the car.
Get the report history of the car.
Before you buy a used car, ensure that you first get to know about the car’s past. The seller must be able to provide you with a vehicle history report at no charge. Even if the report may not have the complete history of the car, it will give you very important information about the car accident and insurance history. Experts recommend that you should not buy a car that has a bad history report not matter how sweet the deal may be.
Ask the right questions.
Although you might not be an auto expert, it is very important to ask the seller some relevant question before you sign any agreement. For instance, you should ask if the seller is the lawful owner of the car you want to purchase. You should also ask how long the seller has used the car , his driving habits , how many mile he usually drive and where he/she has ever been involved in an accident. Buying a car is a huge investment so don’t shy away from asking the question that will provide the answers you need to make an informed decision.
Trust your first impression.
Although a car which has dust all over won’t impact on its performance, it can actually tell you a lot on how the owner cared for the car. A car that has spotless interior is a good indication that the car owner has been taking good care of it. But ensure that you also look at what lies underneath the floor mat and the trunks to see if the owner took good care of the car or if he/she neglected it until it was time to sale.
Don’t be in a hurry.
When you want to buy a used car, don’t be in a rush. Take your sweet time to consider both the pros and the cons of the car and use a car loan calculator to understand what your monthly payments would be. If you don’t like the car, don’t be afraid to walk away from a potential purchase. Sellers always know how to convince potential buyer especially when they realize that you have little knowledge about the car. So be careful not to fall victim.