Common Mistakes to Avoid When Buying a Used Car
We quite often hear about an unfortunate person who bought a used car, and the likely reason for this would be that the buyer made one of the following errors.
- Not Comparing Prices – Perhaps the most common mistake of them all, failing to compare prices could cost you dearly, which is why you should always check the trade price list, which covers every make and model. Once you enter the year, the mileage and the overall condition (very good, average, or poor), there will be a trade price, and you can do this online without any issues.
- Failure to Inspect the Car – Don’t take anyone’s word for it when talking about the car’s condition, and if you don’t know much about cars, you can hire a technician to inspect the car on your behalf. The other way to be sure the car is in good condition is to buy from an established dealer with used cars for sale in Canberra, as they would have a reputation to uphold.
- Failure to Check the Service History – If the seller tells you they have spent a lot of money on the vehicle, ask to see the receipts, which he or she would have, plus you should look in the rear section of the owner’s manual, which should contain all the details regarding servicing and repair. If the car has a full service history (FSH) then you know it has been properly maintained, while any car that does not have a service history should be avoided.
- Not Reading the Finance Small Print – Again, this can end up causing you to pay far too much at the end of the day, and by reading and understanding the terms and conditions, you will not be in for any nasty surprises further down the road. Entering into a binging financial obligation demands that you fully understand how it works, and if you don’t, then ask someone to explain prior to signing anything.
- Buying a Car you Cannot Afford – This is an east trap to fall into if you let your heart rule your head, and that supercharged, wide wheeled performance car might look great, but can you afford the payments, and also the running costs? Crunch the numbers to discover the maximum monthly payment that you can afford and don’t go above that, under any circumstances.
- Buying from a Private Seller – It might seem tempting to buy a car that a person is selling, but it is worth noting that any vehicle sold this way would have no warranty. It simply isn’t worth the risk, especially when you can buy a quality used car with a warranty from an established dealership.
If you are careful and avoid all of the above mistakes, the chances are that your car will turn out to be very good value for money, and will give you many years of trouble-free use. Buy from a registered used car dealer then you will receive a fair warranty., which could be as much as 6 months, and should there be any issues, the dealer would resolve the problem if it occurred before the end of the warranty period.