While most people understand the many benefits that come with purchasing a used car over a new one, many are unaware of the downfalls associated with doing so. In order to avoid the potential issues that come with buying a used car, there are a few things that you should do before completing your purchase.
Here is what you should do before purchase a used vehicle:
Get an Inspection
The number one thing that you should do before buying a used car is to have an inspection performed on the vehicle. Other than driving the car for months prior to purchasing, which is obviously not possible, this is the best thing that you can do to ensure that your investment is being protected.
When having the car inspected, it is a good idea to do so through a mechanic that you trust. Most car dealers will be happy to work with you to come to a compromise about who should handle the inspection prior to purchase to ensure everyone’s needs are met.
Find Out the History of the Vehicle
Finding out the history of the vehicle that you are looking to purchase is another important step that can further ensure that you are making a sound purchase. You should be wary of any vehicle that has three or more owners, as this is not common in vehicles that are known to be reliable and stable.
While the dealer you are purchasing from should be able to help you out with this information, there are also several websites online that allow you to get a vehicle history report. Either way, your goal should be to know as much as you can about the history of the vehicle.
Negotiate a Warranty
Even after going through with the inspection and discovering the history of the vehicle, negotiating a warranty is an additional way to protect yourself from making a bad investment. While you certainly cannot expect to receive a lengthy warranty, most used car dealers that offer cars for sale in Canberra should be able to give you something.
If the dealer is unwilling to even negotiate or entertain the idea of a warranty on the vehicle, this should certainly serve as a red flag. It should be noted however, that expecting anything over a few months is simply unrealistic.
The Final Word
While buying a used car is proven to be a much better investment than purchasing a new one, it is essential that you do your research and perform due diligence before committing to the purchase. The unfortunate reality is that there are some used car salesmen out there that do not have your best interests in mind.
If you commit to doing the three things listed above, you can significantly increase the chances that you are protecting yourself and making a sound investment. You certainly will not regret that you committed to performing your due diligence and preventing the many headaches that come with making a poor purchase.