Buying a used car can be one of the best ways to buy a car, as the depreciation on brand new vehicles can be really high. Plus, buying a used car can also help to save you lots of cash compared to buying one that is brand new. The good news is that there is no lack of choice with a used car, as there can be things from your dream sports car to a great family wagon; there is a lot of choice in the second hand car market. But there can be tricky things that can put you off buying a used car, with the likes of unclear car histories or hard-nosed salesmen. When you don’t know what to expect, then it really can feel like a bit of a minefield. So with that in mind, here are some tips and tricks that can help you to get the best deal on a used car that you can.
Even One Year Old is Better Than Brand New
If you think about the average price of a new car of around £30,000, then even by the time it is one year old, it can lose £10,000 in value pretty quickly. The next year of depreciation isn’t as steep, so it can be such a good idea to pick a car that is one year-old, rather than brand new, as it can quite dramatically slash the cost. So if you want to get good value for money, then that is what you should be looking for, rather than getting something brand new.
Choosing the Right Time to Buy
When you know what car you want to choose, then you need to know how to get it for the best price properly. Believe it or not, one of the things that you can do is buy your car at a specific time; there are some times that are better than others. Dealers and car dealers often have targets to meet, and for the salespeople, there will often be things like bonuses up for grabs. It can depend from country to country, and from dealership to dealership, but going on the quarterly sales is a great way to go. So think about the months of March, June, September, and December as good times to buy.
Doing your research is something that is so important too. You need to know what repairs the car has had, as well as seeing what else you can get for the car, such as tax paid and so on.
If you are choosing to buy a used car from a private seller, then it is unlikely that there will be a ‘good’ time to buy, as they will not have targets to meet and can wait for the price that they want. So if you are buying this way, then it is a good idea to keep an eye on the prices for a few months before you actually go to buy. Then you can see if the prices are going up or down and it can help your decision of when to buy, easier.
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