Well, you can buy a used car for sale from an authorised dealer in Sydney. In such case, you don’t have to worry because you’ll get guaranteed title, which is backed by extended used car warranty giving you added peace of mind. In this post, we will uncover how you can safely buy a reliable second hand car at the best bargain and at the same time, minimise the risk involved.
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What’s the Condition of the Used Car You are Interested In?
When you come across a used car and want to buy it, the first thing to do is to examine its service record book. Usually, workshops will put the date, kilometre reading along with their seal with sign in the service record book each time they service the car. So, a complete service maintenance record with receipts is the evidence on which you can rely on. When a second hand car is well maintained, in pristine condition, drives smoothly and has all the paperwork, then it is good to go.
Know Your Rights
Well, the Australian Consumer Law applicable to only used car for sale from an authorised dealer. That means the introduction of extended manufacturer warranties like Kia’s seven years/ unlimited kilometres means that many second hand cars these days come with several years of comprehensive factory warranty coverage pending. The car warranty is transferable provided the car serviced by an approved auto-mechanic from time-to-time.
Moreover, used cars sold by franchise-dealers often come with the tag “Certified or Approved Used Cars”. These you get in condition that is better than the average and with factory branded and supported warranties that extend the warranty coverage of new cars effectively. Nonetheless, remain away from 3rd-party branded extended warranties that are sold by autonomous dealers of second hand cars.
The Crucial Test Drive
When taking a test drive, make sure you drive the car on the main road or highway where you can ride it for a few minutes at the speed of 70 to 100 kilometres per hour. While you are driving, pay close attention to strange sounds from the engine, transmission or brakes, and be aware of any imbalance in the car including shaking of the steering, shakiness under brakes or pulling excessively on the side. The used car should drive without any problems, serenely and comfortably. If it does not ride as intended on one or more counts, and even if you do not know the reason, it’s best to walk away. Besides, try to use air conditioning fully when taking the test drive and ask the owner to show how to pair your smartphone through the Bluetooth. Issues with either area are pricier to repair.
Buy Second Hand Car Using Cash
If you have a used car, then sell it off privately rather than trading it in for a slightly less used car purchase. When you privately sell your second hand car, even if you sell it for a less price, you will still get a better price for it than when you trade it in.
When you trade it in, the seller will get your second hand car at a far less price; besides, you may have to pay for the difference between the condition of the second hand car you are buying and against your existing car. Thus, when you buy car using cash, you will be in a better position to negotiate for a hefty discount margin. And take a bank loan to purchase your second hand car because the interest on the loan from auto financing companies is usually higher.
If the car drives well through the test drive, then autonomous inspection from a qualified mechanic will further assist you to know if there are any hidden issues.
If you buy a used car for sale privately, you also need to check:
- If the owner owes money on it, or
- It has previously recorded as a write-off, or
- The car has been a stolen one.
In case you end up buying a used car that’s still under finance or buy a stolen used car – remember, it can get repossessed, and you won’t get your money back.