14.7 C
Manchester
Tuesday, April 22, 2025
AutomotiveHow to Make Sure Your Next Used Car is a Bargain Not...

How to Make Sure Your Next Used Car is a Bargain Not a Mistake

Buying a used car is usually a cheaper way to get a nice car while saving money compared to buying one that’s brand-new. However, it does require doing your research to avoid getting stuck with a lemon. Follow these tips to make sure your next used car is a bargain not a mistake.

Check the Vehicle History

The first step is to get a vehicle history report from the RAC or similar. This will show you if the car has been in any accidents, how many owners it has had, if the mileage is accurate, and more. Be wary of any gaps in the history or inconsistencies. Also, walk away from any vehicle that has previously been written off, even if it looks fine. It could end up being an expensive investment.

Get a Pre-Purchase Inspection

Even if the history report is clean, it’s wise to pay for a pre-purchase inspection by an independent mechanic. They will put the car up on a lift and thoroughly inspect its mechanical condition and point out any issues or needed repairs. This inspection can identify problems the dealer didn’t disclose or the vehicle may have developed after the history report was run. It’s money well spent to avoid potentially expensive repairs later.

Take a Test Drive

Don’t even consider buying a used car without taking it for an extensive test drive of at least 20-30 minutes. Pay attention to any unusual noises, smells, or sensations. Make sure all features and controls work properly. See how the car performs at higher speeds, accelerating, braking, and on turns. A test drive can often reveal issues not apparent through a visual inspection.

Negotiate the Price

Once you’ve determined the car is solid mechanically, it’s time to negotiate. Research the prices forsimilar make/model/year/mileage used cars for sale Manchester online. Use this price range as leverage when negotiating. Point out any flaws uncovered in your inspection to ask for a lower price. Negotiating hundreds or even thousands off the asking price is common with used cars.

Get Everything in Writing

Once you’ve agreed on a price, get everything in writing before finalising the sale. Make sure the contract states the agreed-upon sale price and documents any verbal promises made by the dealer such as fixing issues found in your inspection. Never rely solely on a handshake deal. Protect yourself with a contract for sale signed by you and the dealer.

Check Finance Rates

If you will be taking out finance, don’t just accept the interest rate offered by the dealer. Check rates from banks and online lenders to leverage a better rate. Dealers often mark up rates and make extra profit from financing. Getting pre-approved for financing strengthens your bargaining position.

Follow these tips, and do your research, and your next used car is likely to be a bargain you can enjoy for years rather than a mistake you regret. Patience and diligence when shopping can really pay off. Take the time to make sure you’re getting a quality used vehicle at a price well below new.

Latest

Street Eat festival returns to Rochdale in June

Street Eat - the food and drink festival that attracts thousands of visitors every year - is returning to Rochdale Town Hall Square for...

New public square unveiled in Gorton town centre

A new public square is now formally open, providing a new heart and focal point for the Gorton neighbourhood, while supporting the ongoing success...

Detective convicted of sexual offences is dismissed

Greater Manchester Police have dismissed detective sergeant Richard Mills and barred him from policing at an Accelerated Misconduct Hearing. Mills was sentenced to 18 months...

University of Manchester ranks in top 5 universities for spinout generation

The University of Manchester has been ranked the fourth highest academic institution for the total number of spinout companies generated in the Spotlight on...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Sale Sharks signs new wellbeing partner

Sale Sharks are delighted to announce Altius Healthcare as the club’s new official health and wellbeing partner.  With six clinics based around Greater Manchester, Altius’s...

Forte DGTL Rebrands to forténext, Reinforcing Its Leadership in Salesforce Solutions

Forte DGTL, a market leader in Salesforce solutions, global staffing, and managed services, has adopted a new name—forténext. The rebranding signals a continued dedication to...

Flight of Fancy parade brings in Rochdale crowds

More than 2,500 flocked to Rochdale Town Hall Square as the ‘Flight of Fancy’ parade came to town. People from across the borough came together...

Giant creative tech campus to launch in June

Campfield - a ground breaking creative tech campus that aims to change the workspace landscape in Manchester - is being launched in June. Located in...

More News

Limited100 Reaches 400 Customers with Global Demand for British-Made Automotive Wall Art

Luxury automotive art company Limited100 is celebrating a remarkable achievement with its 400th customer, as demand continues to grow for its high-quality, handcrafted car...

Manchester prepares to mark VE Day

Celebrations to commemorate the 80th anniversary of VE Day are set to take place throughout Manchester. On May 8, 80 years will have passed since...

Manchester launches vision for new national hub for hydrogen

Manchester is placing itself in prime position to become the home of a new national facility that will be central to the UK’s ambition...