Buying a used car can mean saving a lot of money compared to going to a show room. Whether it’s your first car or you’re just interested in an older model, looking at pre-owned vehicles is the best way to keep it affordable. There are a lot of pitfalls you need to be careful of though. There are so many shady histories behind cars and dishonest salesmen out there. Due to this climate It’s understandable you might feel hesitant. With a few helpful tips and a keen eye, you’ll be able to steer clear of any unwanted shocks.
In our last buying guide we touched on the growing online market for used cars. Thanks to this, your options are now wider than ever. If you’re looking primarily for a low price, then bear certain factors in mind. Generally, the smaller the engine of the car the cheaper it will be. This applies to both the vehicle itself and the cost to insure it. Diesel cars, though more economical, are more expensive to buy and refuel. Manual cars are also a much better choice than automatic if you’re looking for a good deal. However, if you really can’t stop stalling at traffic lights, it may be best to stick with what you know! Other factors like CO2 emissions can also have a pretty big impact on price.
Once you’ve done your budgeting and settled on a model, you should figure out the best time to buy it. Almost every car dealer has strict quotas to meet and juicy commissions on offer. At most dealerships these are structured around quarterly sales. Because of this, the best time to buy your used car will usually be at the end of March, June, September or December. At these times, the pressure will be on for the dealers to shift the car. This will make them much more easy to negotiate with, and more likely to give you a great deal.
When looking for a new car, there’s a fair chance you’ll also be looking to sell your current one. Going for a part-exchange through sites like Autoworld is usually the more straightforward option. However, if you want to get the best possible price, it’s a better option to sell privately. These private seller sites offer ads for a relatively affordable price. Once posted, the ad for your car will reach innumerable people who may be interested. Although it requires a lot more effort compared to part-exchange, private selling is usually the better option.
If you were feeling confused before, hopefully this little guide has cleared things up. When searching for your next car, stay sharp and on the lookout for deals that seem too good to be true. It’s usually a good idea to think out your criteria, and form it into a checklist. Keep this list with you whenever you browse, and go through each item meticulously. It can be a lot of hassle finding the right car. However, it’s even worse being stuck with one for years and wondering if you could have made a better choice!
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