When you buy a used car, you can save yourself plenty of money. Not only will it cost less initially, but the car should also experience less drastic depreciation. Plus, you can still get a quality car such as a used Peugeot 3008. Below, we explore the ultimate checklist for buying a used car.
Get your finances in order
If buying a used car is going to stretch your budget too far, you might want to consider other priorities first. Getting your finances in order is therefore the first step. Ensure that you have the money ready to make the initial outlay, plus cope with the ongoing costs that come with owning a car.
Car checks before buying
Check the car thoroughly before buying it. The vehicle will ideally have been serviced recently to give you peace of mind that you won’t be incurring any immediate repair costs. Plus, a thorough check should reveal anything that’s broken or any misinformation from the specification.
Take a thorough test drive
Take the car for a drive before you buy it. You need to know if you’ll find it comfortable to drive, plus you can discover any faults. Make sure that you test the brakes, clutch and handbrake at this point.
There are some essential documents that you’ll need to see before purchasing the car too. For a start, you’ll need to see the MOT certificate. Then, a detailed service history is also important so that you can get understand the health of the car. By securing these documents you can be sure that the car isn’t stolen or damaged.
Get the best deal
Don’t just accept the initial price of the vehicle. Feel free to try and submit a lower offer or haggle – these things aren’t set in stone and there’s always potential for you to get the best deal.
Arranging tax and insurance
Once you’ve decided to buy the car, you need to ensure that it’s roadworthy. The key to this it to sort out your tax and insurance before you begin to drive the vehicle.
Make sure you’re clear about your payment method too. Some dealers or sellers will want an upfront fee, while others will be content with a monthly plan. Whichever option you go for though, you should make sure that you’re fully aware of the payment structure and set aside the funds to complete the deal.
Buying a used car is now the sensible choice for most people. Although it can seem daunting trying to work out which vehicle to go for, by following the above checklist you should give yourself peace of mind.