Wednesday, 6 February 2013

Tips for Buying a Used Car

Buying a used car is a great option if you're shopping within a limited budget. However, a used car will usually need a rigorous background check to ensure that you get a good deal. 

It's usually a good idea to look for a late-model vehicle that has not clocked up many kilometres. There is a good chance that, in addition to being in better condition, it will also still be covered under the manufacturer's warranty. Later models are generally better as the rate of depreciation is slower, making it even cheaper than a comparable brand new car while offering similar features.

Recent models will generally qualify for an extended warranty program, which protects you in the case that something goes wrong. It's usually advisable to purchase a used car from a dealer, as they often have the best used cars on the market - dealerships will often shift cars with huge mileage or other major problems to road side lots or smaller outlets that specialise in budget cars. 

In order to get the best deal, compare a few models and their prices at different dealers. This not only gives you an idea of the prevailing price in the market, but also provides you with options in case you find something better than you were originally looking for within your budget. 

Another factor that you need to consider is potential maintenance costs that might be in addition to the purchase price. Is the vehicle due for a major - and potentially expensive - service? How long until the brakes need fixing? Does it have overdue mechanical repairs? Has it had major body repairs which have been poorly done?

Just how good a car is it?

If you are not sure, remember that Cooper Automotive offers pre-purchase inspections.

We can carry out a thorough vehicle inspection accompanied with a full written report prior to you buying, which could potentially save you thousands of dollars down the track. One of the best tips you'll ever get for buying a used car is this: talk to an expert before you buy!

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