Buying a used car is a risk if you don’t know what you’re doing. Many people will tell you what to look at, but what they forget are the important things you will not find on the car itself. As a result, you might overlook these things and end up with a bad purchase.
Car Vehicle History
Approximately 55,000 cars are sold illegally every year, so make sure the car has an accident-free history and has not been reported as stolen or missing. Take note of the car’s plate number or Vehicle Identification Number and search for it on CarJam, an online database listing the vehicle history and past owners of cars in New Zealand.
Insurance and Dealer’s Assurances
Having insurance is the dealer’s assurance that the car is worth the money you are spending. When you buy used cars from manufacturers like Skoda or Nissan, they assure you that the car you’re buying is still of good quality by providing insurance.
You can also tell that a used car is a good buy if the car’s dealers offer assurances. For instance, one of Skoda’s dealers, Giltrap Skoda, offers features like financing and car upgrades.
If the price is too good to be true, it probably is. If the price is significantly lower than expected but the car appears to have no defects, then you might not be looking hard enough. A low price means a low value, and a car with a low value is not what you want to invest your money in.
Also, try estimating how much it will cost to keep a used car. A used car costs less than a new one, but you might end up with high maintenance and repair costs that it would have been more practical to buy a new vehicle.
Buying a pre-owned car can be a risk, so apart from looking at its parts and accessories, look at its price and history to know what you’re getting. If you can’t afford to buy a new car, it’s important to be a smart buyer when purchasing a second-hand vehicle.