🚘Top 6 Used Car Purchase Tips

Posted by Ken Edwards on 25 September, 2017

Used Car Loan Australia

When purchasing a new used car, it seems that the possibilities are never ending. The new love of your driving life could be unique, practical, or add a splash of colour to your life.

The decision of what car to buy is a very personal one. It is understandable that a period of time should be set aside to compile a pros and cons list. You are essentially investing in a new lifestyle when purchasing a used car. Some deals may seem too good to be true, and unfortunately that can sometimes be the case. Be sensible and you will find that this new purchase could be life changing.

To make the most of your impending purchase of a used car, follow these six tips to ensure you’re getting a car that’s right for you. Alternatively, give us a call on 1800 277 768 or apply online and we'll sort out your finance and through our nationwide network find you exactly the vehicle you've been searching endlessly for.

1. Do your research

Embrace the world of car ownership by doing your research and getting the best possible deal you can.

2. Get the right car for you

In most cases, it can be impossible to purchase a car without the assistance of finance. Many Australians have followed suit to make the Australian auto dream come true and apply for finance to purchase their motor vehicle.

It is essential to not only do your research on what car you are wanting to purchase (including safety checks, efficiency, price and what will suit your lifestyle), but also research the best finance option for you from different financiers.Cross check with a broker to see you are getting the best deal possible.

3. Set your budget boundaries

Never forget that setting an affordable budget is essential to walking away with a car that is right for you. There is no point in looking at a hot car, when you know it is out of your budget zone. You will only set yourself up for disappointment. Set the rules with yourself.

4. Don't be afraid to ask questions

Your motor vehicle will hopefully be with you for a long time, so it is understandable that youwill  ask as many questions about the car’s history as possible.

Enquire if there have been any manufacturer problems. How old is the car? Why are you selling? Has it ever had any damage? Could I see a full service history?

Once all your questions have been answered, go ahead and do your own research and always be sure to complete a check to ensure the car does not have any money owing or has been reported stolen.

5. Test drive

Never buy a car without test driving it first. The previous owner may think that the car runs perfectly. However, they maybe very used to the way it drives that nothing could possibly seem wrong. These quirks are things that a new owner should always be made aware of by the seller. An independent mechanical check by a qualified mechanic is also advisable.

 

6. Factor in ongoing costs

Before you sign on the dotted line and hand over your hard earned dollars, always make a budget for the cost of the vehicle that you will encounter throughout the life of your car. You may need to include loan repayments, comprehensive insurance, registration, regular servicing and maintenance, tyres, fuel, and any added features that you may want. Always know what you are paying for and have a solid plan to get through the life of your credit loan should you require one.

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1800Approved is a multi-award winning finance broker

We have helped tens of thousands own their dream car, motorcycle, boat, jetski or caravan.

With one enquiry only, we can can check your personal suitability for credit by comparing more than 40 lenders on your behalf.

Through our nationwide network, we can also find you the exact used vehicle you've been searching for.

Let us help you find the best car finance deal in Australia today.

Call us on 1800 277 768 or apply on-line. Obligation-free.

 

Topics: Used Car Loan