KNOWLEDGE

Read Before Buying a Used Car - Advantages, What to look for

Buying a brand-new car is a huge liability. But what it is a Used car ?Let's talk about it.

By, Carbuyer.lk     2021-09-20
Read Before Buying a Used Car - carbuyer.lk

Buying a used car is a huge investment, so it's important to know what you're doing before you make the purchase. There are many things that can go wrong with a used vehicle, but there are also some great ways to find out if it's worth taking the risk. In this blog post, we will cover some of those methods and give you some helpful hints on how to spot problems.


1. Always run the VIN

Read Before Buying a Used Car - Always run the VIN-vehicle identification number
When buying a used vehicle, you should always run the VIN (vehicle identification number) through online databases like Carfax. This will give you some insight into how many owners it's had and if there are any problems with that particular model in general. It can also tell you what kind of mileage was on the vehicle at its time of sale.

2. Watch out for flooded cars

Read Before Buying a Used Car - Watch out for flooded cars

If you are looking to buy a used car, be wary of any that have been in a flood. In the aftermath of a natural disaster, water-damaged cars can often be sold at rock bottom prices. The problem is that the water can cause a lot of unseen damage to electrical components, which means you risk having a car that stops working.

3. Demand maintenance records

Read Before Buying a Used Car - Demand maintenance records

If you are buying a used car that is still under warranty, then the new owner should give you all of their maintenance records. If they won't, then you should be leery of the vehicle because it could mean that there is something wrong with it, and they don't want to fix it.

4. Have a mechanic look at the car before you buy

Read Before Buying a Used Car - Have a mechanic look at the car before you buy

If you are unable to obtain any maintenance records, the best thing you can do is to have a mechanic inspect the car before making an offer. They will be able to tell if there are any problems with the vehicle and whether it's worth buying.

5. Never buy a car without an inspection

It is always important to have any used vehicle you are thinking about buying inspected by a mechanic. This can give you an idea of whether the car is mechanically sound and if it's worth buying. If the car does need any repairs, you can use that information to negotiate a better price with the seller.

6. Check the vehicle history report

There are several companies that specialize in providing reports of a car's past. These can give you an idea of the history of any vehicle you are thinking about buying.

The report will contain any liens on the vehicle, accidents it has been involved in, and other important data like odometer readings.

7. Mileage

Read Before Buying a Used Car - Mileage

A typical home used car will travel around 20,000Km each year. If you are looking for buying a used car check these numbers and Inspect Odometer whether it has been changed or damaged.


Advantages Of Buying A Used Car

1. Lower Tax

The higher the price of your vehicle the higher the tax. Since a Used Car is much cheaper than a brand-new one you will have to pay a little money as a tax.

2. Lower Registration Fees

Registration fees depend on your location but, older cars are much cheaper to register. Further, many states charge yearly taxes for your vehicle based on the age of the vehicle

3. Cheaper Insurance rates

The amount of your car insurance is determined by estimated value of the car. As always higher the value of the car, the higher the Insurance rates. Since you are purchasing a older vehicle the less you will be paying to insure it

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4. Cheaper and Bargaining Prices

Car is a liability. It will loose the value in it’s lifespan. If you are about to purchase a brand-new car you have to remember that it’s value will loose up to 50% for about two or three years of time. So a brand-new car not only expensive but will loose value at the moment you purchased it.

Therefore, it is better to find a good condition used car even thou it was few years old. You may purchase it much cheaper and good bargaining price.

5. More value for your money

If you have an average income and you need a car only to ride it is better purchasing a used vehicle because purchasing a shiny brand-new will do the same.


Things You Should Know Before Buying A Used Car


Things You Should Know Before Buying A Used Car

When you are buying a used car, it is important to know what questions to ask the seller.

There are some questions that you should be asking yourself and things to consider before buying the car:

• Has the seller had any accidents with the car?

• Is there any paint damage on the exterior of the vehicle?

• Have they had to replace any parts or do work on it?

• Have they had any major problems with the car, like electrical issues or transmission failure?

• Are there receipts for maintenance done on the vehicle?

• How many people have driven this car before you?

• What is your mechanic saying about this car?

These are the most important things you must check and consider when buying a used vehicle. Also, it's better to ask a car mechanic to check all the parts of the car before you buy it.

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