Why Buy A Used Car?

A used car is much cheaper than a new vehicle. You can get the same purpose that a new vehicle offers, for much less money from a used car. A late model used car is often a good, sensible and wise buy. As soon as a new car leaves the dealership or show room it looses much of its original value immediately.

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It depreciates instantly.  Some vehicles loose much more value than others, depending on the model and type of vehicle. Logically thinking, a new car has the same risk of being in an accident, theft or hi jacking than that of a used car. The warranty offered by most used car dealers is almost the equivalent to the warranty of a new vehicle and will offer peace of mind.

Advantages Of Buying A Used Car

Often students and people who cannot afford a new car purchase used cars. The price of a used car is much cheaper than a new car. With most used car purchases and deals, the buyer will need cash upfront to make the purchase.

Depending on the price, it sometimes may be difficult to get finance for a used car; however you can take a personal loan or try to get the cash elsewhere as some banks and dealers do not finance old used cars.  Insurance will not be a problem as most insurance companies finance used cars if they are not too old. The insurance on a used car will be much cheaper than a new car.

For less than half the price of an average new car, you will be able to purchase a four or five year old used vehicle. Make sure you get as much info on the car history as possible as you are buying a vehicle that was previously owned and driven by an unknown driver. You don’t know how the car had been driven or cared for.

Used Cars, Reliable As New Cars

The reliability of a used car is of paramount importance.  A vehicle that is very old needs to be maintained and potential buyers need to inspect the used car thoroughly; however newer used cars have modern technology and are not much reason for concern.

A buyer needs to review the mileage, body, chassis, interior and engine to ensure a good buy. A used car that is less than 5 years old is normally good value for money if the price is right as the vehicle it is not too old. Car older than 15 years normally do not have the features and drive of a newer type vehicle, however that does not mean it is unreliable.
There are many used cars that ride better than new cars. A cars condition is determined by the owner who looks after the vehicle. If you had a carefree and negligent owner the car is more prone to problems, however if the owner cared for his vehicle, the vehicle will serve you well.

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History Of Used Cars

The used car industry has grown to become a multi billion rand industry globally. Used car sales initially started in 1898. The Empire State Motor Wagon Company is one of the very first used car companies. The used vehicle market is substantially larger than other retail markets. There are millions of used cars being sold yearly due to several factors like tough economic times globally. People are these days, looking at affordability rather than comfort.

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From as far back as the early 1900’s, people began to realize that a used vehicle can be just as reliable as a new vehicle. Individuals began to compare prices of a new vehicle to a used vehicle. A fundamental discovery was made by early used car buyers which were, `why pay more for the same purpose’.

Early car buyers discovered that a used car is a vehicle that had one or more owners which offered the main purpose it was created for, transport from point A to point B. Not many vehicle makes and models, luxury features, security features and other modern vehicle features where created, hence the simplicity of finding a good used car deal. Early car buyers understood and appreciated the purpose of a used vehicle.

Used Cars And New Cars, Same Purpose, Different Prices

Good used cars save money. There are dealers who sell used cars with a certified pre owned certificate which reassures the potential buyer of the reliability of the vehicle. A warranty can also be purchased at a used car dealership for a used car on sale.
You can also negotiate on the price more easily for a used car than a new car; however different makes and models of vehicles have different resale values which will make a difference in the price negotiation. The price of older shapes of selected used cars is sometimes more expensive to that of a new car due to the high resale value of the older shape vehicle.

Some features very rarely change with selected makes and models. The engine specification is normally the same and the only visibly change is the vehicle shape. Some dealers often suggest buying the older shape due to its engine reliability and simplicity in design.

Precautions To Note, Used Cars

Buying a used car can sometimes be a gamble. If the vehicle is more than a certain age, the dealership or banks will not finance the vehicle. It is wise to always do an AA test which consists of a 100 point check on the vehicle, prior to purchasing a used vehicle.
Some used car dealerships offer deals or sales with an AA Test already done on the vehicle.  A used vehicle will require maintenance and possibly repairs far sooner than a newer vehicle, so an AA test will do you good.

Do checks on the used car dealership as well to ensure that they are accredited with the relevant departments and authorities. Buying a used car is an exciting experience, however should be undertaken with precaution.

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Benefits Of Used Cars

A used car is not at all bad value for money. Many people own used vehicles that are extremely reliable. There are some features that an older model vehicle may have that a newer model may not have. Vehicle mechanics have acknowledged that some older vehicles have stronger bodies and simpler engines, and are easier to maintain.

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A used car bought from a meticulous owner and reputable used car dealer may after all be better value for money. Buying a used car requires patience and some home work or research.The best time to buy is normally midweek, at the end of the month, at the end of the model year as the newer shape model is being despatched.

Some people are superstitious and prefer different times and days like rainy days, at the end or beginning of the day to finalise the sale. Whatever your preference, do not wait for the right moment to finalise your mind as there may be thousands of buyers keeping their eye on the same vehicle. Be quick and don’t loose out.

Used Car Dealers

A used car may be bought from an individual or from a used car dealership. Prior to finalizing your mind, you should check if the dealer is reputable and registered with the relevant authorities. Be wary of vehicles that have been accident damaged or code 3 vehicles which are rebuilt vehicles and not in their original state. If the vehicle is code 3, it will be extremely difficult to insure the vehicle.

Do not be disillusioned with a vehicles appearance. There may be hidden problems waiting to surface. Take a mechanic and ask the used car dealer or owner if the car has COR or been AA tested before you outlay any cash.

There are very few used car dealerships who offer a return or money back guarantee and if they do offer them, it normally is valid for within a few days or weeks. Almost all current purchase agreements do not permit a return policy; hence consumers are stuck with a bad, troublesome buy.

Good Used Car Dealer VS Bad Used Car Dealer

A bad, deceitful used car dealer will do whatever it takes to get ride of the vehicle they are trying to sell. They will provide a false description of the vehicle and hide or touch up any problems with the vehicle. They normally do not provide a warranty, AA Test, COR check, or any valid accreditation towards the authenticity and reliability of the vehicle.
If you are caught out by a vindictive, malicious and unethical used car dealer, report the problems with the vehicle immediately as the new consumer act protects consumers, however it may be difficult to prove if the cause of the problems where the dealers or your fault.

A good used car dealer will normally offer a valid road worthy certificate and a warranty option. They some times provide services records of their vehicles and always ensure the vehicle is in a good drivable condition.

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Good Value For Money, Used Cars

A used car can offer good value for money. Vehicle owners sometimes hold onto their old cars for longer due to sentimental value and not wanting any additional debt via purchasing a new car, hence the vehicle is normally in meticulous condition. Also, due to economic factors such as recession and job losses, car owners do their best to maintain and look after their vehicles. Buyers need to be patient and not rush purchasing a used car as they might miss out on a sale or better offer elsewhere from a dealer.

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The best time to approach a used car dealer is when business is slow and the used car you have an eye on, is not being sold. Select a vehicle that you are keen on and wait until the moment is right to purchase. Be cautious though not too wait for too long as the vehcile may be sold.

Owning A Used Car

Almost anyone who buys a used car or new one is looking for ways to save money where ever possible. A good used car is noticeably cheaper than a new car. When shopping for a used car, identify the type of car you are looking for (make and model) and the features that you would like with the vehicle.

Just looking at the vehicle will not do you any good in trying to ascertain if it is a good buy. Test drive the vehicle and inspects the vehicle thoroughly. Check the service records and any history of replacement spares. If work was done on the vehicle, find out which dealership or mechanic. Take the car to a reputable mechanic or AA Centre for a check, prior to finalizing the sale.

Visit as many dealers as possible to identify a good deal. If the car of choice is not immediately available, advise the dealer to contact you if they get stock of the vehicle. A good dealer will try to find the car you require or offer an alternate similar vehicle within your budget.

How To Look After A Used Car

You can save huge sums of money if you know how to maintenance your used car. Maintaining your used car is important for the health of your vehicle and for resale and trade in purposes. Keep all the service records safe in a service record book, with any original invoices from motor spare shops.

Invoices for any new parts to your vehicle such as brakes, pad/discs, lights or any engine replacements, must be kept save as proof of replacement. The next person purchasing your vehicle will have confidence that you looked after your vehicle.

Any damage caused to the vehicle such as stone chips to the windscreen, bad tyres, engine noises and dents, need to be attended ASAP. A small problem like a windscreen crack or oil leak can turn into a big problem if not attended immediately. If you look after your vehicle, your vehicle will look after you.

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Rent Or Buy A Used Car

Why do people rent cars? If you are travelling on a business or holiday trip, a used car may be required; however renting a used car for daily choirs and duties is a waste of money. You do not need to buy a costly new car. You can save money if you purchase a good used car from a reputable dealer, instead of renting a car.

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By purchasing a good condition used car, you own a vehicle that you can use at your discretion and convenience. The cost of renting a used car daily is much more costly than purchasing a used car. Be wise, buying is better than renting.

How To Find A Good Used Car Deal

The best and most effective way to find a good old deal is simply to look in the right places. It’s a matter of `seek and thou shall find’. The more you enquire and look around, the better your understanding and knowledge of indentifying a good deal. You will have an advantage to be able to compare the condition, features and prices from different dealers.
If you enquire and look at purchasing from one dealer only, you may miss a good deal elsewhere. You rather invest your time and money in finding a good deal, instead of having buyers regret if you miss that good deal.

Negotiate for the best possible price when you do find a car that catches your eye. Try to get as much from the deal as possible without risking loosing the deal.

Important Factors To Consider When Buying A Used Car

It is important to note, if the deal sounds too good to be true, be cautious. There may be hidden problems with the car, the dealer or the owner. The seller may be trying to hide something if the car is advertised at a ridiculously low price or the private owner selling may ask you for a deposit to secure the vehicle due to the low price and thereafter disappear with your money.

Check the papers of the vehicle thoroughly prior to any form of payment. The car may have fake papers or be registered as a code 3 vehicle. Try to determine if the mileage is more or less equivalent to the cars age. Ask the owner questions like, how many kilometers did they travel daily and what purpose was the car used for. Make sure the mileage and kilometers reading is not tampered with or reversed.

Look for any signs of accident damage or engine problems. Take a mechanic if necessary or a panel beater to assist with your evaluation. Ask for proof of any new parts or spares like receipts, if the seller allegedly states he had invested money in new parts on the vehicle. Dishonest people will lie about new parts on the vehicle.

Finally review the service and maintenance records carefully to ensure the vehicle was serviced by a reputable mechanic or agent.

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Used Cars With Good Resale Value

Buying a used car with excellent resale value is a wise buy. Some vehicles have much more resale value than other vehicles. The book value of a used car is determined by the reliability and reputation of the make and model. Supply and demand of the make and model of a vehicle are very important facts in understanding car product quality.

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There are used car models that hold much more resale value than some new vehicles. That does not mean that a specific name brand supplier offers the highest resale value on their vehicles manufactured.

Some vehicle models may not sell very well; hence the vehicle will have a low resale value. People determine if a used vehicle has good resale value. The more popular and common a vehicle is, the higher the resale value. To simplify resale value, the demand of a vehicle basically determines the resale value the vehicle.

The Rate At Which Used Cars Depreciate

Used cars loose their resale value in a similar manner as new cars loosing their resale value. A new car looses its resale value at a much quicker rate than a used car. Used cars loose their resale value slowly, normally on a monthly or yearly basis. The condition of a used car is the most important factor in determining the resale value of the vehicle.
You will find the same type, model, shape, year and spec used car advertised at different prices, sometimes largely different prices ranges. The sole reason for the price difference is the condition of the vehicle.

When visiting a used car dealer with the intent of purchasing a used car, ask the dealer for visible proof of the resale value of the used car you intent to purchase. All car dealers have a resale value book that provides vehicle price estimates of different vehicle makes and models.

This book is however just an estimate and there is no rule or law that states, dealers should sell their used vehicles based on the resale value book system. As stated above, the condition of the used vehicle is the determining factor in pricing the vehicle.

Save Money With Buying A Used Car

There are important factors to consider prior to the sale of agreement being signed with a used car dealer. Even experienced car buyers and mechanics have to be cautious. Get an idea of the back ground, reliability and if possible objective critism of the used car you intend purchasing.

The more you enquire and research the used car that you have an eye on, the more you will know about what to expect from the vehicle. Used cars are sold throughout a variety of outlets, including franchises, independent companies, leasing offices, auctions, and private sales.

It may be wise to have a car installed with all your requirements from the dealer rather than an outsourced company, if your budget permits extras that you are keen on. Buying a good used car is really a saving everyone can do with in these unreliable economic times.

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Purchase Legislation For Owning A Used Car

People are sometimes naïve and gullible when attempting to purchase a used car. There are lots of tricksters and con artist who take advantage of consumers who are illiterate in purchasing their product.

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Sometimes individuals who purchase a used vehicle realize short afterwards, the mechanical condition is not impeccable as stated by the used car dealer. Unfortunately, it is most often too late to return the vehicle after the deal is signed or get a refund.
It is therefore very important to purchase a used vehicle from a reputable dealer or purchase a mechanical warranty with the vehicle. The new consumer act does offer you some protection however it may be difficult to prove the if fault was cause by the dealership. If you experience any mechanical problems with a newly purchased used vehicle, report it to the dealer immediately.

Pros And Cons Of Buying A Used Car

A person looking for a used car needs to be extra careful. Although consumers have the same rights with new or used good purchases, the problems with used and new goods vary drastically.  A new vehicle is less likely to give buyer problems and all new vehicles come standard with a warranty and service plan.

Second hand or used vehicles may have hidden faults that are not noticed upon purchase. Used car seekers need to consider the age, condition, and price of the vehicle prior to purchase. If there is a problem with your used car, act ASAP. Either report it to the dealer or sort it out immediately.

Do not drive the vehicle as the problem will only get worse and may cost you more money to repair as additional faults may arise. A very old used car may be difficult to repair and prove difficult in claiming repair cost from dealers. The condition of a used car varies, therefore know and do research on the used car dealership you intend doing business with.

A Good Used Car Dealer

A used car must match the description of the advert placed. A good used car dealer will tell you if there are any problems with the vehicle and if the vehicle offers a warranty or cover on mechanical faults. Used car buyers should not expect a used car to drive like a new car. There will be odds and ends to sort out.

If the used car has many problems hence the low selling price, calculate the cost to repair the vehicle. A good dealer may want to sell the vehicle as is with minor problems, hence a reduced price. It does not mean the car is unreliable or a bad buy.

A good used car dealer specifies the faults, defects and problems with the vehicle prior to the sale of agreement being signed. Small problems like the window not winding up or down, the clutch being too stiff or the hand brake being too hard, can be sorted by a reputable used car dealer without any additional cost or worries.

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Prices Of Used Car

A used car can save you a substantial amount of money. If you’re on a budget, buying a used car is the best possible option for you. People also rent used vehicles which are more costly. A good used car cost a fraction of the price of a new vehicle and it can get the job done just as well.

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The price of a used car varies for many reasons. Do your homework prior to purchasing a used vehicle. A used car is not like buying a new car. A new car has a standard price that most dealers adhere to. Visit as many car dealers as possible and review car magazines, classified car sections and vehicle websites to know the estimated retail price and selling price of the used vehicle you admire.

With used vehicles, you have a much wider range to choose from. Knowing the estimated price is important as it allows you to identify good deals and offers. There are several factors to consider when considering purchasing a used vehicle. The age, model, make, mileage, body and engine play a significant role in determining the price of the vehicle. Used cars that are in good original conditional, often hold onto their price.

Why Choose A Used Car

One of the major benefits of owning a used car is that the insurance is much cheaper than that of a new vehicle. Your vehicle will however need to have either an alarm, anti-highjack, immobilizer, gear lock, trackers or steering lock, prior to insuring a used vehicle.

Used cars are also noted as being less of a risk for theft than that of a new vehicle. Selected used cars also have a stronger body than most new cars and the parts are much cheaper.
The decision to buy a new or used car depends on your budget and financial status. Consider and explore your different options carefully. You can really keep that extra money in the bank with buying a good used vehicle.

New Cars Vs Used Car

There are certain small advantages of owning a new car. The color, additional features and extras like an air conditioner, electric windows, mag rims, tinted windows, radio and cd player can be added to the vehicle at an additional cost. There are also benefits like warranty cover, roadside assistance, service plan and other benefits that a new vehicle most likely has.

Purchasing used cars however offers much more benefits than purchasing a new car. Apart from the most important factor, prices distinction, buyers have a much wider choice of vehicles to choose from.

The additional extras that a new vehicle has like sound, security, mags and tinted windows etc can also be added to the used vehicle for a fraction of the standard price on a new vehicle.  Some car dealers also offer warranty cover, roadside assistance and a pre owned certificate. The security features that most new cars have, can also be added to a used car as well.

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How To Check A Used Car

Purchasing a used car can be a challenging and time consuming task.  Unlike a new vehicle, a used vehicle often does not have a standard warranty and service plan.

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Start by checking the vehicle from the front to the back. Look for signs of rust or bad paintwork. Check the tyres and slightly push the vehicle downwards in a rocking motion via placing your hands on the bonnet or boot. This allows you to identify if the shocks are still ok. Check for dents and scratches via looking at the vehicle from different angles.

Check the engine for oil leaks, water leaks or any signs of bad maintenance. Start the car and listen to the engine carefully for any irregular noises. If the car has accessories check them carefully. The air con, radio/cd, alarm and immobilizer, anti hijack, gear lock or any other accessory need to be carefully scrutinized.

Check the odometer for tampering and the spare tyre, jack etc. Ensure all the lights and windscreen wipers are working. Ask for service records and test drive the vehicle prior to finalizing your decision.

Where To Look For Used Cars

When looking for a used car, you need to shop around as there are several dealers that specialize in used car sales. Firstly identify the type of car you are looking for. Do you require an economic, low maintenance car or a luxury car?

Do you want a bakkie if so, a double cab, single cab, club cab, 2*4 or 4*4. Knowing the type and purpose of vehicle you require makes the daunting task of selecting the right car much easier. Start by going onto the internet to review specs and features of the vehicle you desire.

Look at online car dealers like the Auto Trader and other car dealerships that advertise on the internet.  There are many car dealers that advertise on the internet. Look at the classified and car brochures available.

When To Buy Used Cars

When car hunting for a used vehicle, it is wise to know when to purchase from a dealership. Bases on several surveys, it is best to wait until the weekend, month end or end of the model year to purchase a used vehicle.

Many dealers have sales on weekends due to car buyers shopping for deals and good offers. Dealers need sales to be finalized within the 2 days of the weekend, hence the price reduction. Dealers also have fun activities for kids and adults, making the purchasing experience more pleasant and fun filled.

End of the month is also a good time to shop for that used car that you like. Sales agents need to make their targets and commission for the month, hence monthly sales. Year end sales are sometimes the best time to purchase a vehicle. Dealers want to get rid of old stock to make a way for new stock. Newer models are infiltrating the market, hence the need to sell older models ASAP.

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How To Identify And Close A Good Deal

Firstly and foremost, know the make, model and type of used car that interest you. Know your budget. Researching the car you fancy is one thing, negotiating with a used car sales agent is something else. The ball is normally in the buyer’s court. Negotiate for the best possible price and installments.

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Show the used car dealer that you are really keen on the vehicle as this indicates that you have made up your mind already. Talk about finance options and work on the best payment rate if you are paying installments. Try to put down a higher deposit to reduce your car installments. Make sure the dealer calculates all payments including a warranty plan or roadside assistance if you have chosen one.

Ask the sales agent for any important paperwork on the vehicle. Don’t take too long to make up your mind as the vehicle may be sold and you may not get the same vehicle again. Finally, make a decision and stand by it without any regrets. Close the deal ASAP if you like the vehicle.

Selling A Used Car

If you are thinking of selling your used car, understand the do’s and don’ts to make the selling process quicker and effortless. If you want to purchase a new vehicle or newer model used vehicle from a dealer, it may be better to trade in your car with the dealer. You will get more for your car if you sell your car privately, however it is time consuming and stressful to sell privately.

You will need to advertise, take ongoing phone calls pertaining to the vehicle and show the vehicle to potential buyers. The big disadvantage of selling privately is if you have seen a vehicle that you like at a dealer, the dealer may not be able to wait until you sell your car and you could miss out on the deal.

You could set a good competitive price and wait for a buyer, however advise the car dealer that you are trying to sell your vehicle and if they could be patient. Advise the dealer that you like the vehicle and to advised you if it is being sold. Advertising effectively is of paramount importance. Word of mouth, online advertising, newspapers, and a for sale signage board on the vehicle can assist in a quick sale.

Get All Paperwork Ready For Inspection

Once the advertisements and arrangements have been made to sell your used vehicle, get all paperwork and vehicle documents in order.

You do not want to be going back and forth looking for important documents for the vehicle. Potential buyer and used car dealers will need all necessary documents for your used vehicle.

If a used car dealer wants to inspect, ask advice on your vehicle from mechanics and panel beaters, allow them. Do not falsify or lie about anything on your car. Make sure all fines are paid in full and there are no endorsements on your vehicle.

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