The economic crisis has affected most people’s buying habits. A lot of people are now trying to save on all their purchases. This trend is so extensive that, according to the European Automobile Manufacturers’ Association, sales of cars were down 7.1% within European Community countries at the beginning of the year. Despite this trend, though – or perhaps, even, because of it - the market for second-hand cars is still buoyant. .
However, a problem lies in the percentage of sales of cars that are ten years older or more. At this point, it is important to remember the advice of a popular adage: “you get what you pay for”. Old cars can be riddled with problems, and it's important to know exactly what you’re getting. So, however tempting a price may seem, it is important to keep some basic details in mind before buying a second-hand car.
In the first place, you should know that it is generally more convenient to buy a used car directly from an official dealer, since they will often offer a warranty. If you decide to buy a car directly from a private seller, it is best to take the time to ensure that the vehicle’s documents are in order and that it has passed its MOT with no problems.
Regardless of where you purchase the car, it is always a good idea to test drive it before you make the final decision, since this is one of the only ways can you find possible damage or technical problems. If you do not know much about automotive mechanics, it would be best to take it to a trusted specialist who can offer an expert opinion.
. Remember that saving does not mean spending less, but rather investing sensibly. A car that is several years old usually has numerous problems and can mean considerable expense over time, not to mention the fact that it will not offer the security you need on the motorway. Used cars are often a great investment, but very old cars that have had multiple owners are best avoided.
Finally, if you have decided on a used car to purchase, do not feel compelled to pay the asking price. Do some research on the going-rate for the car based on its year, make and model. If you think the seller is asking too much, offer a price that you are more comfortable paying and negotiate from there.
Sean Burke writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.