Deciding to buy a used car from a car dealers can save you money and a lot of stress. However, the excitement can also cause you to make some costly mistakes or even miss out on a good deal.
Regardless of who you choose to buy a used car from, it is important to avoid costly mistakes and make the right choice.
Read on for our guide on what to look out for and common mistakes to avoid.
Some car buyers make the mistake of not properly checking the car’s history. Checking the car’s history will tell you if the car is stolen or has been written off. It also gives you some insights into the car past ownership and accident records. It will be terrible to buy a used car only to discover it was stolen or has bad records.
Ask the dealer to how you the HPI report on the vehicle. No respectable dealer will offer a car for sale on his forecourt without carrying out this essential check. If the dealer does not show you the report you know that you need to walk away.
Not checking the VIN
VIN means Vehicle Identification Number, and you can find it under the bonnet of the car or at the base of the car’s windscreen. First, you have to ensure that the VIN number on the car matches that stated in the V5C registration document. This will save you from making a costly mistake with your purchase. Buying a ‘cloned car’ will amost certainly result in you losing all your money.
Foregoing a test drive
A test drive should not be overlooked when purchasing a used car. It offers you further clarity on your decision and gives you the chance to experience owning the car. Test drives will tell you if you like how the car moves and feels. Some car shoppers may forego this only to find out afterwards that the car isn’t suitable for them.
Focusing too much on the price
Everyone knows buying a used car gives you an advantage on the cost. However, some buyers may take this too seriously and lose focus on other important factors. For example, the price tag on the car is not the total cost you will have to pay. There are also maintenance costs and service plans. To avoid nasty surprises, discuss all the financial factors with your car dealer.
Not knowing the market value
One of the most important things to note when buying a used car is having proper information. After deciding what models you would prefer to buy, it is necessary to find out all you can about their market value. Compare price options online to avoid being overcharged or shortchanged.