Buying a used car instead of a new one is a smart move, as it provides you with more value for money in the long run. Generally, the value of a new car depreciates immediately following its purchase. Because of this alone, you should consider buying a used car, which has already been subjected to a huge depreciation hit.

As much as buying a used car is less costly than purchasing a new one, it’s not as simple as you may think. Before you start shopping, you need to have the necessary knowledge to make an informed decision. To purchase a quality one, you have to do your research and understand the various factors that affect the vehicle’s value. Visit Auto Mart to find a wide variety of quality used cars for sale.

This article aims to provide you with helpful tips to make the task of buying a pre-owned car less stressful.

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Tips on getting a good deal on a pre-owned vehicle

Research pre-owned car dealerships

Purchasing a used car from a reputable dealership can provide you with peace of mind, especially if you’re looking for one from an established outlet. You should also check social media platforms for reviews about the dealer that you’re considering buying from. The dealerships listed on Auto Mart have all been verified by our expert team.

Determine and decide on the car you need

Car shopping can be very exciting, but it can also be time-consuming and stressful. Before you start shopping, it's important that you have a clear understanding of the type of car that you want. Having a list of all the necessary features will make the process easier. Furthermore, you can ask yourself a few useful questions to assist in determining the best car.

These include:

• Are you going to need a high-end audio system in order to enjoy the car?
• If you have a small family, will a small car be ideal or not?
• On the other hand, for those who drive cars with high mileage, should they consider a car’s fuel frequency?

Know how much the car typically sells for

You need to know how much the car costs and work around that. Do thorough research and make comparisons before you commit yourself to something that you do not know. Bear in mind that the amount of money you should spend on a used car depends on your budget. If you're planning on getting a car loan, then the amount you have on hand will determine how much you can spend.

Research the actual value and stick to your budget

The Car Value Report from TransUnion can help you determine the value of a used vehicle. It can also help you compare the retail value of the car with the original value of the vehicle. The book value is a monthly feature of the Auto Guide that shows the vehicle's original value compared to the value it has depreciated to. Although this tool can help prevent you from paying over the ‘book value’ for a car, it's important to note that used cars can still command higher prices. Having a TransUnion report can help you negotiate a better price for the vehicle you're interested in.

Check whether the car is stolen or not

If you’re planning on buying a car from a dealership or private individual, you have a right to know if it’s been stolen or if it has been recovered in the past. Having a vehicle verification will allow you to see if the car you’re interested in buying has been stolen. You just need to provide the Vehicle Identification Number (VIN). In addition, you may also want to let a trusted friend or family member know about your plans to test drive a car. Doing so can help avoid getting into a situation where you might be exploited.

Complete a car inspection

When it comes to buying a used car, you're taking on a wager regarding the vehicle's mechanical history. However, you can limit the expenses associated with repairs and maintenance if you thoroughly inspect the car. For instance, buy a car from a seller who can help you with various aspects of the transaction, such as a DEKRA check and an inspection. You can also ask a seller to provide you with a certificate of authenticity, which can be done at a nominal fee.

Remember the paperwork

The paperwork requirements are one of the most important factors you should consider when it comes to buying a used car. It’s important from both a buyer and seller perspective. As a buyer, getting done as much of your paperwork as possible before you approach a seller or dealership will stand you in good stead when the time comes to make your purchase. From the seller, having the proper documents will allow you to make informed decisions regarding the car.

Image by Gustavo Fring

Ways to negotiate a good price for a used car

1. You need to be strategic

If you want to get the lowest possible purchase price, then you need to make sure that you go in with the right approach. However, if you go in too demanding, the dealer might not be able to make any concessions.

When you're presenting your offer, be firm but polite. Before you start talking about the car, make sure that you have a good idea of what it's worth. Also, don't try to steer the conversation away from the subject at hand, as a sales representative might try to distract you by talking about insurance or financing.

2. Being persistent will get you a deal

Negotiating is a fine art, and it can be hard to get the attention of a salesperson. One strategy that you can use is to try and wear them down with hardball tactics. This will test your negotiating skills.

If the salesperson refuses to give you a point-blank response, don't wear out your welcome. Instead, say that you'll be looking for a different vehicle. Give the salesperson your phone number and ask them to call you back if they change their mind.

It's possible that the salesperson may call you within a day or two to tell you that they've reconsidered their offer. This is a good sign that they're willing to give you another chance to negotiate. It can be very time-consuming and tedious, but if you can negotiate effectively, you'll be able to get the best possible price.

Before you start the process of buying a used car, it's important that you consider the various factors that affect its affordability. Browse through Auto Mart to find quality used cars for sale in South Africa.