Buying Second Hand Cars Takes Effort
It is true that second hand cars provide a cost effective way to own a vehicle if you have a tight budget. However, it is not only cash-strapped buyers who opt for pre-owned cars. Many consumers are becoming aware a new car depreciates ten percent the second you drive it out of the showroom. From thereon, the car continues to depreciate over time.
In reality, only specific and expensive makes and models depreciate slowly or not at all. This may also be the case if a more economical make and model is in great demand, resulting in a shortfall. It does make sense to seriously consider purchasing a used car.
If you want a good deal you must do some groundwork. A good place to start is an online search for websites specialising in the sale of used vehicles. Such sites offer information about used cars online, dealerships, auctions, and private sellers.
Should you choose to buy a car online, it is advisable to use a well-established dealership that provides a thorough online agreement, giving equal protection to seller and buyer. You sign acceptance for the car on delivery. However, you only sign when you are satisfied that the car is in good condition and all pre-checks have been done by or on behalf of the dealership. That information must be in writing.
If you prefer going to an auction you must be aware they will keep a certain percentage of the sale as their fee. It is essential you ask the auctioneer exactly how much will be taken so you don’t bid higher than you can afford. There are many consumers who have picked up good bargains at auctions specialising in repossessed vehicles. Banks usually have a record of such approaching cialis cheap auctions.
There is never a shortage of second hand cars from private sellers. When you view such vehicles, take along someone who understands the mechanics and can also make sure the clock was not reset to record a lower mileage. A private seller must present you with a V5 registration document. If there is no V5, leave immediately, the car may be stolen. Don’t be tempted to accept excuses because of a low price. If the car is being sold too cheap without a V5 it is a scam. If there is a V5, check it carefully. The VIN (vehicle identification number) must be identical to the one on the form. You will see the VIN inscribed on a metal plate on a doorsill, on a window or in the bay of the engine. It should be free of scratches or tampering. The number plate on the car must be stated on the form. An authentic V5 must carry a watermark.
Second hand cars can save money if you know how to go about it. There is more risk involved if you make use of a private buyer compared to a well-known dealership. Your greatest protection is to have an expert check out the vehicle and check the legality of necessary paperwork.
Author Bio: Roger Thurston is an expert writer for Brand Viagra the automobile industry. If you are looking for second hand cars then find out more information at his preferred site Lookers Car Dealers .
Category: Cars and Trucks
Keywords: second hand cars, used cars