The high cost of vehicles in the market is driving a lot of people to consider used cars. However, buying a used vehicle is much more complicated.
To help you not get lost in the process and make a bad decision, we are here with 20 amazing tips for buying a second-hand car in Melbourne.
1. Set a Budget
Before you get confused with the prices and go all in, it is important to take note of how much money you can afford to spend on a used car.
2. Make Sure Your Budget Is Considerate
Just because you are buying a used car doesn’t mean your budget should be minimum. Make a
considerate budget if you want to get a faultless car that suits your needs and comfort.
3. Search for the Right Car
Don’t settle for any car. Finding the right car might take time and effort, but it would be a profitable search for you. There are, in fact, markets and showrooms where second hand cars for sale are displayed.
4. Look for a Certified Pre-Owned Car Option
If you buy a used car with a certified pre-owned (CPO), you will get factory warranty coverage. CPO cars are much more affordable than new cars and also come with a manufacturer-backed warranty.
5. Find a Car Financing Option
In Melbourne, you will most probably need a financing option to buy a used car. A used-car dealer would be able to hook you up with one but to save more money, you can get a pre-approved car financing offer before going to the dealer.
6. Decide Where to Buy a Used Car
There are different marketplaces in Melbourne where used cars are bought and sold, including franchised new-car dealers, used-car superstores, independent used-car dealers, and private sellers. There are some reputable online places as well where you can buy second hand cars in Melbourne.
7. First Impression
Both yours and the dealer’s first impression of the car and its sale is so valuable. It might give you a hint about whether you should walk off right away or continue the process.
8. Choose the Right Dealer
It is important to check the reviews, history, and testimonials of a place you are buying your car from to make sure the seller is reputable enough.
9. Don’t Let the Dealer Know Your Budget
Don’t ever tell the dealer your budget, because he’s going to want you to pay every penny of it, even if the car isn’t worth that much.
10. Take Your Time
A professional car dealer/salesman would exaggerate the car’s worth by making up things to get a quick “Yes” out of you. Don’t make a rash decision by giving into the salesmanship and not checking everything by yourself.
11. Research About the Car You Are About to Buy
Landed on the right car? Time to do some research! Dive deeper into the car’s history, including accidents, damages, title status, ownership details, sales information, odometer readings, maintenance & service history, registration & inspection info, and recalls.
12. Do a Budget Analysis of the Car
If you find a car at affordable rates, you need to make sure that you don’t have to spend money on repairs and changes so much that it exceeds your original budget. That’d be a bad deal.
13. First Reaction of the Car
Suppose you sit in the car you want to buy and the seats aren’t comfortable, or the AC isn’t cooling properly, or the engine is making weird sounds. All these reactions hint towards a bad deal. The Dealer might tell you that it’s not a big deal, but don’t risk it.
14. Check for Wear and Tear
Check the car for possible dents, scratches, wear & tear, and signs of abuse.
15. Test Drive
A test drive would make things much clearer for you! But don’t drive like a car racer, be as gentle as you’d be with your own car.
16. Check Specs and Features
Some things you forget to check in a test drive are radio, AC, side mirrors, doors, windows, sunroof, suspension & engine sounds, brakes, handbrake, vehicle cameras, and vibrations of a steering wheel.
17. Negotiate a Fair Price
Never hesitate during a negotiation. A dealer would stick to one price but you can wear him down.
18. Get an Independent Inspection
A mechanic would be able to check the car more thoroughly. And if they did find issues, you have something to negotiate the price for.
19. Be Prepared to Walk Away
Sometimes, you don’t get a deal as good as you want. In that case, you should be prepared to walk away
instead of spending extra time and money.
20. Consider Add-Ons and Warranties
Before buying the car, a dealer would offer you some add-ons. Consider them, and only take them if you think they are necessary.