One of the first decisions to make when you’re looking for a new car is where to look. You could go to a car yard, an auction or buy privately via the internet, newspaper or a car fair. As with everything, there are pros and cons to each and it is up to you as an individual to decide what works best for you. Remember when purchasing privately that although this is the cheaper option, there is no guarantee and therefore no come back. With all buying options you should request an independent pre-purchase inspection, which can be arranged at most garages, this ensures that any existing or potential problems are highlighted before any money changes hands giving you peace of mind.
A big risk factor in buying a used car is its history; it is important to be proactive and find out as much about the car as you can. Systematic questioning can fill gaps in the vehicle’s history if a vehicle service log is incomplete. A vehicle with a high mileage could potentially point to more problems. Other things to clarify are how many owners the vehicle has had and also who is the current registered owner of the vehicle – you do not want to pay the wrong person! Check to see if all finance has been paid on the car before any money passes hands and if you do decide to buy, remember to transfer the vehicle into your name as soon as possible; you do not want to be paying someone else’s fines and parking tickets. Under the bonnet of the vehicle, near the engine is the vehicle identification number (VIN) which should correspond with all the legal vehicle documents, such as vehicle registration and inspection reports.
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