The second-hand market is enormous, and it’s growing in popularity all the time. This is because first time buyers and second time car buyers now have more options ranging from basic to luxury models at much more affordable prices. Cars depreciate quickly, so many car owners who have high quality, well performing vehicles sell them for a low price to purchase something newer or better in the market.
This means that a new purchased car can be bought at a much lower price than the used one. But if you are looking for a used car, it’s important you avoid making these costly mistakes.
Not Check the Vehicle History Report
Most used car buyers are aware that checking the vehicle history report is essential to knowing precisely what you’re getting and whether it’s worth the asking price. However, there are so many careless individuals who have no idea what a vehicle history report is.
This is a must because you want to know everything the car has been through such as accidents, being submerged in flood water, massive repairs, whether it was single hand operated car or was a used rental car by multiple drivers. No wonder a vehicle history is very vital for accurate information.
Ignoring Certified Pre-Owned Vehicles
Many car buyers prefer to deal with private sellers suchas friends when making this all-important decision. What they might fail to realise is that certified used cars are the best option. Regardless of the make or model, or the number of kilometres covered, these used cars are subjected to a thorough mechanical inspection.
All certified cars come with full disclosure of the vehicles state. Before being put for sale, they are also repaired where necessary and come with a detailed car history. These certified cars come along with extended manufacturer’s warranty and other features that no private seller can match.
That ensures you get yourself cheap car insurance quotes when shopping around without feeling the heat. Keep in mind it is not all about buying a used car, but rather how much you’ll end up saving in the long run.