How do you buy a used car like a pro – The Complete Guide 2021
Purchasing a second-hand car is not a cakewalk.
From fuel economy to model type, vehicle history to finances, a lot goes behind buying used cars. Even though it is a tedious process, many buyers prefer used cars as it saves a lot of money.
Nevertheless, we at Autoexpert have decided to make your dream car buying experience stay super-easy and memorable with our definitive guide on how to buy a used car like a pro.
This guide helps you in knowing those major pitfalls that one must watch out for before buying a used car. So read on:
Table of Contents
What to look for when buying a used car?
Buying a used car is as valuable as buying a home. Without proper research, you may fall victim to bitter experiences that can also cost you a lot of money.
Used cars are purchased either through a dealer, a private party, online or auctions. Due to the advancement of technology, most buyers now prefer the online mode of car purchasing.
But it is highly recommended that buyers always purchase the used car by seeing it in the metal and after conducting a thorough vehicle inspection.
Where to buy used cars online?
Online shopping is never going out of vogue, be it something as huge as a car. Relaxed and convenient shopping is one of the major reasons for this shift in consumer mindset. Buyers can compare prices of similar cars easily, narrow their searches based on their requirements, and save a lot of time.
Above all, the buyers must understand their rights while buying a car online. As per the online consumer protection rules in the Consumer Contract Regulations (2013) there is a ‘cooling-off period of 14 days given to every online buyer. So the buyer has the full right to return the new or used car within the 14-day cooling-off period.
Now, if your quest is to find the best place to buy a used car online, then we suggest it has to be someplace where the buyer can receive accurate results that aids in better and quicker decision making.
Check here and search from over 254,476 used cars. Filter the car of your dreams based on your requirement, style and efficiency. You can also shortlist and inspect each car to know if that’s exactly your dream car or not.
TheAutoExperts Tip: Never initiate any payment without seeing or checking the used car.
Ask for the required documents
When it comes to buying a used car, there are three major documents that you must be concerned:
- V5C registration certificate (logbook)
- MOT certificate
Let’s get you more details about these vital documents below:
V5C registration certificate (logbook)
One of the most important documents that a buyer must check while buying a pre-owned car is a V5C registration certificate. This document is sometimes called the registration document or the logbook.
As a buyer, you must ensure that the information regarding the make and model of the car must match with the details given on the V5C. Check for the VIN (Vehicle Identification Number) if it is the same as mentioned on the vehicle( under the windscreen).
Another responsibility of the buyer is to create a new V5 document in their own name. This can be easily done on the DVLA online service where buyers and sellers can update their details instantly.
You can also go to the DVLA’s free online vehicle information checker to ensure the details mentioned by the seller are legit or not. The registration number (on the number plate), MOT test number, mileage, make and model that the seller says must match with DVLA’s record.
An MOT certificate is another important document that buyers must require from the seller. For all vehicles older than 3 years it is a must to take the MOT test that declares their roadworthiness.
Ask for the signed receipts which will help you know the ownership of the car along with the purchased data and amount. Other information that the receipt consists of are the engine size, registration, and chassis number.
Now that you know the required documents while buying used cars, there is something more that you must know before signing on the dotted lines and closing the deal. Go ahead with our next and most important tip while buying a used car.
Conduct car history checks before buying
No buyers want to own an unethical vehicle that has:
● Outstanding finance on it
● An written off insurance
● Been stolen or recorded in the PNC
● Any mileage discrepancies or clocked
● Been scrapped and destroyed by an ATF
Hence, it is important to know the untold history behind the car that probably the seller may never reveal.
A car history report will disclose some of the valuable information such as the value of the vehicle, written status and category of the vehicle, stolen data, financial status of the vehicle and much more.
You can easily check car history online using numerous available tools now such as Car Analytics. It helps you shortlist your next car by checking all those important verticals at an affordable cost.
A full car history report must involve the following:
● A count on the number of previous users
● Outstanding Finance Check
● Written-Off status check
● Police Stolen Check
● Number Plate Change History
● Certificate of Destruction
● High-risk check
● Mileage anomaly
● Colour Change
● Previous Northern Ireland
● VIC Inspected
● VIN or Chassis
● Engine Number
● Car Valuation