MENU

Important Factors To Consider When Buying A Used Car

Used cars are a popular buy with consumers, especially as the credit crunch has bitten many a person. Everyone would love to buy brand new cars, but they are not within most people’s reach. Plus, there is also the depreciation aspect to consider.

Are you in the market for a used car? If so, and you haven’t had much experience of buying one before, this handy guide will help you to make the right buying choice.

Buying Used Car

Photo Credit

Body style

One of the most important factors that all used car buyers have to consider is the car’s body style. If a car is just a lifestyle choice to you, a hatchback or sports car will be suitable for your needs. But if you have a growing family, or need a practical car, estate or 4×4 will be a better bet.

You must consider what you need out of the car. By doing that, you will make the right buying decision.

Budget

Many people don’t like talking about money, especially when they are referring to their car budget. But it is an important subject, and one that you must make a decision on before buying your car.

A cash buy might be an attractive proposition, but most people prefer the flexibility of car finance. Buying a car on finance lets you free up your cash for other things, and you know how much to pay each month.

If car finance isn’t for you, there is always the option of taking out a personal loan with your bank. You can also borrow money from other lenders, such as credit unions.

Age

There are hundreds of thousands of used cars available to buy. Some are a few years old, whereas others might be a few months old.

The age of the car you buy will often depend on how much you are willing to pay for it. Newer cars cost more than older ones.

Model

If you have your heart set on a particular model, you can skip this section. But if not, you will need to look at the different model choices available.

I always find it easy to shortlist a few cars that I am interested in buying. I will then research each model, learning about its pros and cons. That will help me to narrow down my choices until I end up with just one model that I want to buy.

If you visit http://www.sunnyhillmotors.co.uk, you can learn about models that fit your budget. Additionally, there are other websites that can help you to research a shortlist of cars.

Background checks

When you go out to view and test drive a particular car, you should do some background checks on it before you buy it.

By law, used car dealers are not allowed to sell you a car that is not “fit for purpose” or has a hidden history. Services such as CarFax and HPI will help you to learn more about the car’s history.

Some services will even tell you whether the car has outstanding finance, for example.

Written by:

Published on: July 9, 2014

Filled Under: Uncategorized

Views: 2074

Leave a Reply

Your email address will not be published. Required fields are marked *