Buying a used car can be a great way to save money and get a reliable vehicle, but it can also be a bit risky if you don’t know what you’re doing. Fortunately, with some careful research and planning, you can minimise your risk and find a great car that will serve you well for years to come. Here are some tips to keep in mind when shopping for a used car.
Determine your budget.
Before you start shopping for any vehicle, it’s important to figure out how much you can afford to spend. Be sure to factor in not just the cost of the car itself, but also things like tax, and insurance. Once you have a budget in mind, stick to it and don’t let a seller talk you into spending more than you can afford.
Research the make and model
Once you know your budget, it’s time to start researching the make and model of the vehicle you’re interested in. Look up reviews, reliability ratings, and common problems for that particular model. This will give you a good idea of what to expect and what to look for when you’re inspecting the car.
Check the vehicle history report.
Before you even consider buying a used vehicle, you should always check its vehicle history report. This will give you information about the car’s ownership history, accident history, and maintenance records. You can usually get a vehicle history report from websites like Total Car Check or Full Car Checks for a small fee.
Inspect the vehicle thoroughly.
When you’re inspecting a used car, pay attention to things like the condition of the tires, brakes, and suspension. Look for signs of rust or damage, and make sure all the electronics and features are working properly. If you’re not confident in your ability to complete an inspection, consider bringing a mechanic or someone who knows about cars with you.
Take a test drive.
Always take a test drive before you buy. This will give you a chance to see how the car handles and to check for any potential issues. Pay attention to how it accelerates, brakes, and handles on the road. If anything seems off, don’t be afraid to walk away.
Negotiate the price.
Once you’ve found a used car you’re interested in, it’s time to negotiate the price. Use the information you’ve gathered from your research and inspection to determine a fair price. Don’t be afraid to negotiate and walk away if the seller isn’t willing to come down to a price that you’re comfortable with.
Get a pre-purchase inspection.
Before you finalise the sale, it’s a good idea to get a pre-purchase inspection from a mechanic you trust. This will give you peace of mind knowing that there are no hidden problems that you might have missed. If the seller is hesitant to let you get a pre-purchase inspection, that could be a red flag.
Buying a used car can be a great way to save money and get a reliable vehicle. It’s so important to be diligent and do your research before making a purchase. By following these tips, you can minimise your risk and find a great used car that will serve you well for years to come.
Whether you choose a new or used car, we provide Car Loans up to £15,000. A Northern Community Bank loan means you can buy your vehicle outright, which means you have the option to do whatever you wish with your set of new wheels.
