Thursday, 26 January 2012

The Used Car Hypermarket Battlefield

10 dos and don'ts of buying a used car.

It is, a battlefield out there, when looking to buy a second hand car. So many avenues to take, so much choice on offer, so many different routes to purchase, the list goes on. In this short guide we'll try and steer you in the right direction and help you get the results you want, in the shortest and most pain-free way possible.

The dos
  • Look online before going out to view any car. There are hundreds of sites where you can get a good idea of how much the type of car you want should cost.
  • Finance yourself. Of course, this option isn't available to everyone, but try the bank before negotiating finance with a dealer. Its one more thing they can negotiate with you over and as the buyer you need to retain the power.
  • Take a test drive, reports have loosely shown that up to 30% of car-buyers don't take a test drive before purchasing, absurd.
  • Consider a new car dealer. Many dealers now offer certified used cars with warranties and dealerships often keep the best trade-ins for themselves.
  • Get the car checked out by a mechanic, and review the service history, look for anything that may shed the cars worth in a new light.

The don'ts
  • Don't buy a card advertised on the roadside. You know little about its past and an unlicensed seller has little rules to conform to.
  • Don't reveal you have a trade-in. Do that after you have negotiated the price for the car you're buying. Again it gives the dealer your power.
  • Don't bargain from the list price down. Bargain from the realistic price up - the price you looked up online.
  • Don't pay for add-ons, like credit life insurance and protective coating. They add little value to a used car and your ownership of the vehicle.
  • Returns not accepted. Bear this in mind before signing on the dotted line, most companies will not accept returns on used cars. Check with the company before you buy.

Hopefully these tips will steer you somewhat clear of ending up on the pavement, so to speak. I often find when looking for prices on cars, location can make a difference. There are lots of cheap cars in Dorset for example, as oppose to buying in London.

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2 comments:

Thank you very much for sharing. The tips here are really valuable insights and these are pieces of advice worth following.

We're glad you enjoyed the article, thanks for your feedback!

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