What you need to know before buying a used car
If you’re thinking about purchasing a car, you know how confusing it can be.
There are so many things to consider that it can be a daunting experience. This is even more true if you’re buying a car for the first time.
There are many things to look for before purchasing a car. One important factor is to give the car a physical check before making your final decision.
Here are a few tips on what you need to know before buying a used car.
Private sales: prepare for the inspection
The car may look great from the outside, but what’s happening under the bonnet? Some of the most critical parts are not clearly visible unless you know what to look for. A private seller is not necessarily going to disclose or even be aware of all the potential issues with the car. Don’t know where the drive belt is, or what an oil leak might look like? Bring along someone who does. When you go for an inspection, take notes about the repairs you think the car might need.
Safety and roadworthiness
Depending on your state or territory, cars older than five years need to be issued with what is known as either a safety or roadworthy certificate. The certificate indicates that the car has passed a minimum safety standard inspection that includes the operation of tyres, steering, brakes, suspension, lights, windscreen etc. It’s not, however, a full mechanical inspection. If you’re buying from a private seller, make sure you discuss the service history of the car and ask to see the logbook and roadworthy certificate. If possible have a mechanic check it out.
Maintenance of the car
Ask around what a typical service will cost if the car is no longer under a motor plan. Consider your location and whether you have easy access to service centres. For example, if you buy certain models you might only find their parts in major cities, which may be hundreds of kilometres from where you live.
Warranties
When you buy a car through a licensed car dealer, the car will be covered by a statutory warranty which guarantees that certain defects found after purchase will be repaired free of charge within the warranty period. Dealerships may be able to offer additional warranties, which could be comforting if you’re buying a used car.
Research the dealers
Buying from a cooperative and fair dealer will save you money and headaches. There are a number of websites that allow people to post reviews of dealerships, but their coverage is spotty and incomplete. If you can’t find online reviews of the dealer you are considering, just talk to people. Your friends and neighbours purchase cars and should be honest with you about whether they were happy with their car or dealer.
On most car sale sites you can choose to search for cars from dealers or by private sale. Many car buyers believe they can get a better deal at a private car sale than through a dealer, however there’s more to consider than just the sticker price. If you’re not extremely knowledgeable about cars, buying from a dealer might be a better option. Have a look at what you need to know when buying from a private seller versus a car dealer.