how to protect yourself and your investment when buying a used car
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Buying a used car is a great way to grab yourself a great little motor at a very good price.TRANSCRIPT
How to Protect yourself and your Investment when Buying a Used Car
Buying a used car is a great way to grab yourself a great little motor at a very good price. For that reason, many people, especially those on a budget, choose to purchase a used car. However, when going down this route, it is easy to be parted from your cash for a car that will cause you nothing but problems.
In this article, we offer you some invaluable advice that will help you to protect yourself and your hard-earned cash when buying a used or second hand car.
1. Know the approximate value
When you are shopping for a particular make and model of car, make sure to do your research which will give you an idea of what price that type of car could be expected to fetch. Once you know the approximate value of the car that you have your eye on, you can avoid being lured by a lowball price. A good rule of thumb is if the price seems too good to be true, it probably is.
2. Don’t rush
Choosing a used car is not a process that should be rushed into. Take your time and inspect the car thoroughly. If you are happy with the condition of the car, don’t agree to the asking price straight off. Again, take your time and negotiate a deal. Don’t be tempted to rush in and make that purchase because you fear it will be sold to someone else. Remember – there are plenty more cars out there!
3. Pre purchase inspection
As mentioned in the earlier point, it is important to take your time and have the used car thoroughly inspected by a professional automotive mobile mechanic. This is a sure-fire way to make sure that the car is in good working order, has not been extensively repaired or remodelled and it will also give you an indication of what level of expenditure the car may need in the short term.
Pre purchase car inspections should involve an examination of the interior and exterior of the car as well as its structure, engine and electrical systems.
4. Vehicle history
When considering the purchase of a used car, you should have the vehicle history checked out. Such a check will discover whether there is any outstanding finance on the car, whether the car has been written off or not and if there have been any
insurance issues with the car. A vehicle history check is important in protecting your potential used car investment.
With these tips, you can protect yourself and your cash investment by making sure that you are getting the best deal possible when you purchase a used car.
For more information on pre purchase car inspections, automotive mobile mechanic. Please visit: http://www.autodoctor.com.au/