A brand new car loses 30% of its value within two years, despite often working as good as new. You’d have to be a fool to pay full price when you can get a used vehicle for a fraction of the value. However, in order to do this you will have to know a bit about cars, including how to spot a good deal as well as having some basic vehicle maintenance skills. Buying used means you can bypass dealerships and buy from a regular person who isn’t interested in their commission or trying to manipulate you into buying unnecessary extras.
Learn to buy a car like a pro and you will be able to find the perfect automobile for a low price.
Look for a Vehicle That Needs a Bit of Work
Cars are complicated machines with many working parts. When something stops working, many people would rather sell it than pay for repairs or learn to fix it themselves. This means they are likely to offer a vehicle at a heavy discount, which you can take advantage of. The valuation of an automobile is dependent on how quickly the owner wants rid. The more work that needs doing, the better price you’ll get, so become a competent DIY mechanic for the best deals.
Inspecting the Car
Once you have spotted a car, go and see it in person. This way, you’ll be able to do the necessary checks. Look for rust, especially underneath on hidden parts of the car, as well as any body damage to the exterior of the vehicle.
Look for any wear and tear inside the car as well, including ripped seats. These are all excuses to ask for a discount. Inspect the engine too. If it has new parts, such as recently installed spark plugs, then it has likely been tuned. If it doesn’t, then you will need to restore the engine yourself. If any work has been done, then check whether this has been done to a sufficient standard.
Once you have decided you want the car, it is time to negotiate a price. It is almost never necessary to pay full price, since an owner will want to seal the deal and get the car off their driveway and out of the way as quickly as possible. Check the blue book for the real price of the car, then set a target price that you’ll be happy to pay. Be a pleasant customer rather acting competitive to get the seller on side. The more they like you, the greater the discount they’ll offer.
Buying a used car is an essential part of modern life, especially if you love a bargain. Take advantage of vehicle depreciation and haggle for a great price. Having DIY skills allows you to find a car that needs work, which you can carry out yourself to save even more money. If you want to save even more money, you can check out our guide on how to find car parts online.