Let’s not kid ourselves; financial rewards are the main attraction of buying a used car. Even if there are a variety of other settling points, this is the one that truly matters. As such, it’s imperative that you are making the most of those opportunities.
It is a complex situation, which is why you must consider several aspects. Focus on each of the three aspects below, and you won’t go far wrong.
Choose The Right Model
First and foremost, you need to find a car that is suited to your needs. Whether it’s one of the best used family cars, like a 2013 Honda Civic 1.6i, or a vehicle for business doesn’t matter. A practical choice that will offer years of enjoyment is key. Then again, it’s not always about the manufacturer or model.
With finances in mind, thinking about whether you truly need the extra horsepower of a 1.8 is vital. Regardless of the specific model, weighing up the pros and cons of diesel versus petrol is also key. For the eco-friendly driver, hybrids and electric cars are slowly working their way onto the used market too.
Pay The Right Price
Whichever car you choose, it’s only the right option when you get it at the right price. Knowing that the dealer has valued it at the right price, and isn’t trying to con you is vital. If you aren’t particularly clued up, getting a mechanic or friend to check it over could be crucial. Should a dealer not like this idea, the alarm bells should ring.
There are plenty of tools to get a rough guide, but this is why you should never rush the purchase. Meanwhile, car purchases are one of the few times in life where good haggling skills can still come into play. Do not underestimate it. Finally, if you’re not an experienced car buyer, avoid private sales. You may miss out on a bargain, but it’s just not worth the risk.
Invest In The Performance
Very few drivers are lucky enough to buy a used car that is 100% perfect for their needs and tastes. As such, it may be very tempting to complete a host of cosmetic changes. In truth, you’d be far better suited to upgrades based on performance. Not only will this aid your long-term running costs, but it should increase the car’s value.
New alloy wheels and tyre packages are a great starting point. The lighter rims and healthier treads are sure to aid mileage as well as handling. This can also slow down the wear and tear on brakes, suspensions, and other parts. Improved air filters are another top investment as they’ll encourage a healthier engine.
The Final Word
A used car can be a lot cheaper than a used one, especially when you focus on models with slower depreciation. But it’s still possible to get ripped off during the purchase while ignoring the need for upgrades and maintenance may cause serious damage too. Above all else, though, you must choose a suitable model. Fail to do this, and the vehicle will be back on the used marketplace within the year.
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