Used Car

A Checklist for Buying a Used Car

More and more Australian motorists are moving away from the new car scene, having realised the huge percentage of the sale price that is lost on the very day you drive a new car out of the showroom, This could be as high as 13% of the retail value, yet with a certified car that is under 2 years old, you get the best of both worlds, reliability and affordability. If you are in the market for a vehicle upgrade, here is a checklist to ensure you end up with value for money.

  • Stick with a Reputable Dealer – Second hand cars are a bit of a risky proposition, unless, of course, you buy from an established dealership, preferably one that has several branches nationwide, giving you a wider selection of cars to choose from. The Internet is always a great source of information, and the digital highway can certainly help you to source the right dealer, and with used cars for sale in Canberra and other parts of the country, you can soon find the perfect vehicle.
  • Full Service History – An essential component to a quality car, the FSH ensures the vehicle has been correctly maintained since new, and any work done on the vehicle would be included in this, along with the official stamp of the dealer who carried out each service. Any car that does not have a FSH should be avoided, for obvious reasons, and if you can find a car that has only had one owner, this is even better.
  • Stick to Your Budget – Some people get carried away and end up with something a little more than they can afford, and while this might not be an issue at the outset, the high monthly payments will gradually take their toll. The car dealer would likely offer competitive finance and if you really have your heart set on a particular model, yet the payments are very high, save a little more and pay a bigger deposit, which will keep the monthly repayment down.
  • Demand a Vehicle Warranty – Used cars can be somewhat of a mystery, and in order to take the guesswork out of the equation, seek out a dealership that offers a comprehensive warranty. Some dealers will also offer extended warranty to cover major components like the engine and gearbox. An established used car dealer would put any car through a thorough inspection before putting it on the forecourt, and with their reputation to consider, it isn’t worth the risk of even one unhappy customer.
  • Demo Vehicles – These are sometimes available and offer the buyer a real bargain. The vehicle would be in very good condition, and although nearly new, it cannot be sold as such, and if you don’t mind the fact that a few dozen people have taken it out for a test drive, you can really pick up a top quality car at a reduced price.

If you are looking to buy a used car, think of all of the above, and if you find a dealer that ticks all the boxes, you can’t really go far wrong.

 

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