Useful Pointers on How to Get the Best Deal When Buying a Used Car
Used cars represent an excellent balance between functionality and affordability. It is no secret that a new car, which is almost as good as a used car, will set you back as much as twice what you pay for when purchasing a second-hand vehicle. That being said, buying a used car requires some sound automotive knowledge, or you could end up spending thousands of dollars on expensive repairs and costly replacements. Here’s what you should know before submitting your application for financing with a broker such as Car Loans Wellington NZ:
Cross-check the Car’s Maintenance History Report with the Help of a Reputable Mechanic
Not unless you’re purchasing the car from a family member or trusted friend who can vouch for its maintenance history, you might want to go over the vehicle history report before you sign anything. This is an important early step especially if you plan on negotiating the owner’s selling price. Besides, if you are looking at a car that has perennial mechanical problems, the sooner you know about this, the better. Carfax and AutoCheck are two single largest online resources that can help you in tracking down a car’s history report. This report will reveal crucial information about the specific car in question, including if it has ever been involved in an accident or has its mileage odometer rolled back. All you need to dig up this information is the license plate number and VIN. Both of which the owner of the vehicle can easily provide.
Test-Drive the Car
Test-driving a car is typically the best way of knowing if the vehicle’s size model and make is the best fit for you. It is also an ideal and accepted way of assessing the car’s physical condition before commencing any payments. During the test drive session, pay attention to several vital aspects to help you analyze the vehicle’s suitability. For starters, is there enough hip room, legroom, and headroom to allow comfortable long drives? Secondly, just how comfortable is the car’s driving position? Are the seats easily adjustable and the lumbar support settings easy to tinker with? Thirdly, check the condition of the car’s tires, air conditioning, headlights and the engine. Also, look for potential blind spots and keep a keen eye for anything out of the ordinary.
Have the Used Car Inspected by a Third Party Mechanic
At this stage, if you like the car and have already negotiated a good deal, consider having the car inspected by a private mechanic before making any payments. Of course, you will have to pay for this, but it is a smart investment that could potentially save you thousands of dollars later on. So insist that the mechanic performs a thorough and comprehensive analysis of the vehicle’s mechanical and safety features and give you a full report of the same. However, you can skip this step if it is a CPO car and a running warranty is already in place.
The Bottom Line
Buying a used car does not have to be a risky affair if you take the necessary steps to ensure that you’re buying a useful, functional and well-maintained vehicle. Finally, remember to make sure that the previous owner of the vehicle transfers the car’s title, insurance, and registration to you before finalizing the deal.