The right used car in an expensive, expansive city like London can be a great investment. You forego paying the new car premium while gaining the convenience of an accessible vehicle. You need to watch your back, however. This market is full of sharks who will take advantage of you if you are not careful.
Let’s take a look at the top tips on getting a used car in London.
One of the best ways to save money on a used car is to use the value you already have in your current vehicle. Tools like Autovolo’s sell my car feature make it easy to find a buyer for your old clunker, even if it doesn’t work. One man’s trash is another man’s treasure, and car parts still have value to some professionals. Once you get the money, you can use it towards the purchase of your new used car.
Preparing to Haggle
The used car market is a competitive one. Valuations on cars are also different depending on who you ask. The bottom line: Don’t pay sticker price. Be prepared to haggle for the best deal. You gain leverage if you expand your search using the growing number of online tools that are now very easily accessed by anyone in the general public.
Understanding What You Want
Before you go in to see a used car dealer in person (which you don’t have to do – there are ways to buy a car online), you need a specific idea of what you want. Depending on your budget, you may have to prioritize certain features. You must have a strong, unwavering idea of what your deal breakers are, or London used car dealers will run you all over the floor. You will probably end up paying more for something that you don’t want as well.
Inspecting the Vehicle
One of the best reasons to visit your car before buying is to inspect it in person. Any London car dealer can put up great pictures online and hide the problems. If there is no warranty with the car, then you are stuck with what you buy. However, you can and should also check the digital records on a car. Accidents reported to insurance companies are on the public record. Invest in service to find them so you will have an informed opinion of what condition your car is in.
Calculating the True Expense
The purchase price is only the first expense you will pay when you buy a vehicle. CO2 emissions, which tend to go up as a car gets older, is another expense in London to consider. The average vehicle costs around £30 a year in emissions duties. Insurance on cars also increases the older the car is, and you should get a good idea of the maintenance that your car will require as well.
Use the tips above to ensure the best car buying experience in London. Although there are potential potholes, you can avoid them with careful steps. Take it slowly, and you will certainly end up with a great car that you can use for years to come.