We all remember the days when we were just learning to drive, eager to pass our test to earn that new sense of freedom. However, though it seemed like it would be a dream come true when we were younger, it turned out to be nightmarish when we realised how expensive car ownership was. No matter how much you tell your young family members about the costs involved with running a car, they’ll never take your advice on board and learn the hard way instead.
Of course, you can’t blame the younger generations for wanting to be able to drive because you’ve had that feeling before. However, if you are finding that car ownership is far expensive you thought, you might want to think about how you can reduce the costs. That’s why many people decide to buy a second-hand car instead of a new one.
You might think that it’s always better to buy a new vehicle because they’ll likely be more reliable than used cars. However, buying second hand cars in Canberra can save you thousands of dollars on the purchase cost, and you can find one in top condition if you know what to look out for. Cars can lose a huge percentage of their value as soon as they leave the dealer’s yard, but that doesn’t mean they’re about to break down.
To help you find a top-notch used car and consequently save thousands on your motoring costs, we’ll detail a few things below that you should look out for when browsing second hand cars.
A Cheaper Way to Buy a Vehicle
The last thing you need is to buy a car that breaks down within weeks after purchasing it, but there are a few things you can ask about in order to assess a vehicle’s condition.
- Number of previous owners – Of course, a vehicle could’ve had just one owner and still have ended up in a terrible condition, but you can almost guarantee somebody didn’t maintain the car properly if there were dozens of previous owners.
- Miles on the clock – Some cars can run indefinitely if they’re driven properly and well looked after, but it’s important to remember that a car that’s done over 100,000 miles could well be on its last legs. If it’s the car of your dreams but has been driven extensively, you might want to take a mechanic along with you to give the car an inspection
- The car’s history – There should be a log book of work carried out to the car throughout its lifetime. If the log book is missing and you have no way to have a look at the car’s maintenance history, you might want to look elsewhere.
If you’re already paying off a mortgage on a monthly basis, your finances will be less strained if you buy a second-hand car outright rather than a new car on finance. Just make sure you check that the vehicle is in good condition before you agree to buy it.