From a buyer’s perspective, there are several avenues to pursue if you want to buy a used vehicle. You could start by asking your friends if they happen to know anyone that happens to have the desired car, and just happens to want to sell it. You might get lucky, but generally it isn’t a good idea to buy from friends, as there is a barrier that prevents one from being too fussy about the vehicle. For someone with limited mechanical knowledge, the private used car market is fraught with danger, and best avoided.
Define your make and model
With so many cars out there, it can be a challenge just deciding on which one is suitable, but eventually, you should come to a decision, and then the hunt can begin.
Calculate your budget
Hopefully the make, model, and year you want can be acquired with the budget you have. A car is not a small ticket item, and most people will not have access to that much cash, so a finance deal is needed. As a guide, your car payments should not exceed 20% of your monthly income, unless you are one of these people who pays cash for everything, and even then, you will still need to know how much you can afford to pay for the car.
This has to be the first priority for any car owner. The ability to jump in the car, turn the key, and away you go, is what every car owner wants, and buying a used car immediately compromises reliability, as we have no way of knowing if the car has been well looked after. For this reason, it isn’t worth the risk to buy from a private seller, as there are no guarantees after the sale transaction is completed, with the term “sold as seen” often used.
Avoid impulse buying
Emotions tend to cloud our judgement, and while the car might be a dream of yours for many years, there are other models available, so always take your time before saying yes. It is a buyer’s market, and the car will still be there in the morning, so sleep on it before making the final decision.
Go to a reputable used car dealer
This is essential, as they only sell cars that are in first class condition, and with a seal of approval and a warranty, the new owner can feel confident that they have bought a good car. Each vehicle is thoroughly inspected before being accepted by the dealer, and after that, the vehicle is given a once over to prepare it for future use. If you happen to live in Australia, there are used cars for sale in Canberra that all have a seal of approval and a warranty, so you can relax. They will also have attractive finance packages, not to mention the healthy trade-in price for your old car.
The risks are greatly reduced when buying a used car from a dealer, as they have a reputation to uphold, and with attractive finance terms, that dream car is waiting for you.