Practicality is the main driver behind the large demand for pre-owned vehicles. Many believe that opting for this kind of purchase is a financially smart strategy, especially if you consider how a new vehicle’s value can drop by as much as 20 percent within the year of its purchase.
A lot of pre-owned cars for sale function and perform literally the same way new vehicles do. These can even look flashy, as if they have come straight out of the showroom. However, you can get them for a much, much lower price. Plus, the auto insurance is also cheaper for used cars for sale.
It is imperative to point out that not all pre-owned cars for sale in the market can provide you with the same benefits. Therefore, you need to be a well-informed buyer. If you are looking to buy a used car that you can trust will be an asset to your life and name, then you need to be careful about making your decision.
To help you out, listed below are the six most crucial factors to consider.
1. The type of car that fits your lifestyle
As beautiful as a vehicle may be, its value to you will depend on how it can effectively support your lifestyle. Say, you only tend to drive around the city, and no one else will be using your car. The suitable options for you would be compact 2- to 5-seater vehicles that offer impressive fuel economy.
2. Your budget
The moment you have established your specific requirements for a vehicle to buy based on your lifestyle, set a sufficient budget. An established budget will help you pare down the vast selection of choices and find the vehicle that you can actually buy. Additionally, once you’ve set your budget, it will be so much easier to determine the payment options that you can strategically take advantage of.
3. Consumer ratings
You can find these online to determine how your top options of vehicles actually perform. A lot of car owners participate in rating sites to share their experiences with the cars that they have purchased.
From the information provided with the ratings, you will be able to get a better idea if the cars you have your heart set on can genuinely deliver on its promises and meet your particular requirements as a car owner.
4. The dealership
Take into consideration as well the certified pre-owned car dealerships. You will find that some offer better services than others. Naturally, you want a dealership that is known not only for its impeccable customer service, but also the quality of its offerings and trustworthiness.
5. Test drive experience
You need to give every car you are considering to buy a test to know what feels right. Although vehicles may often feel the same, there are subtle nuances to the way they run, which can affect your comfort as a driver.
Plus, the test drive offers a bodily experience that reveals the quality of the vehicle. This is why auto experts advise being thorough during the test drive and taking the vehicle to different roads and practicing a variety of moves to see how the car reacts to your control.
6. Service history
Get hold of a copy of all the maintenance and repair work the car had received. This way, you can become fully aware of any and all work that has been done on the vehicle you are considering to purchase.
Check if routine maintenance checks were carried out according to schedule and if there had been any replacements (ask if they are original or OEM) for some parts of the car.
A car, be it new or used, is a significant investment. You would want to use your money in a way that would fetch you the best possible value for it. Thus, it pays to be a careful and discriminating buyer. Hopefully, the considerations shared above will help you greatly in making a car buying decision that you will never regret.
Mahesh Rohra is the Director of Arabian Automobiles LLC – AW Rostamani Automotive Group, a trailblazer in the automotive fraternity with a legacy of over 50 years. AUTOTRUST by AW Rostamani is the largest automotive multi-brand one-stop shop in the UAE where you can buy and sell quality pre-owned cars.