Have you bought a used car recently? If so, what was your experience of the process? It seems that the majority of us are pretty untrusting when it comes to buying a car from a used car dealer.
Thisismoney.co.uk are reporting that just 7% of people have faith in used car dealers. Contrary to that statistic, the research carried out also found that 68% of participants who had bought a car in the last six months did actually trust the salesman.
The research actually comes from Auto Trader, who asked 5000 people their opinions about thirteen industries, including the car industry. Used car dealers were found in the study to be the least trustworthy of all industries, which also included bankers and estate agents.
The full article from Thisismoney.co.uk can be found here –
Are you thinking about buying a used car? Here are our best tips to help you along the way.
-Do your research
Work out how much your insurance, tax and petrol is going to cost if you were to purchase the car.
Read about any potential faults with the car you’re looking to buy (check out reviews on the internet)
Have a look at similar car advertisements, online and in magazines, to check that you’re not being ripped off.
Follow your instinct -if it’s too good to be true, then it probably is!
-Have a proper look at the car
Inspect the car in the daylight and when it’s not raining so you can get a good look at what you’re potentially buying.
Take your time when you look at the car. Don’t be bullied into having a quick look. Trust your instincts. If alarm bells are ringing about the seller or the car, it’s time to look elsewhere.
-Take it for a spin
Always take the car for a test drive and, if possible, ensure that you drive on different types of roads. Aim to drive the car for about fifteen minutes but don’t forget to sort out relevant insurance beforehand.
Test out reverse, use the handbrake and if it’s safe to do so, perform an emergency stop.
Have a listen for anything that doesn’t sound right with the engine.
If you’re lucky enough to have a friend who’s a Mechanic, now’s the time to call in a favour. Take them along with you so that they can have a look at the car and also listen out for anything unusual.
-Take a look at the mileage
Does it coincide with the general wear and age of the car?
Look out for unusually low mileage as the odometer may have been tampered with.
Check the paperwork.
Ensure there’s a valid MOT (if the car is over three years old).
Check the tax disc.
Check the Log Book (also known as the V5C).
Make sure that all of the paperwork is genuine and view the originals, not photocopies.
-Talk to the owner and get a full service history of the car. Make sure you get your hands on receipts for any work that has been carried out
-Make sure you’re clear about all agreed terms before you hand over any cash and if you’re unsure of anything, ask. If you get a feeling that something isn’t quite right, then walk away. There are plenty of other used cars out there so it really is worth holding out and finding the perfect car for you.