By Veronika The used car market is multiple times larger than the new car market and offers virtually endless choices to a car buyer. If you’re planning to get yourself a vehicle this year, then shopping for ones that are pre-owned is something that you should seriously consider. Also, with relaxed used car loan eligibility criteria, availing a used car loan is also now easier than ever. That said, many buyers tend to make several mistakes while on the lookout for a pre-owned car online.
Here are 5 mistakes that a prospective used car buyer should avoid.
1.Shopping on obscure and unknown websites
Not all used car websites that you find online are reputed. Some of them might employ unscrupulous tactics to scam potential used car buyers, while others may not provide you with the necessary sales or after-sales support, leaving you in the lurch. And so, it is extremely important to shop for pre-owned cars from reputed websites that have a strong track record.
2.Glossing over certified vehicles
Many well-respected pre-owned car websites come with a section where they display certified vehicles. Certified cars often are in a very good condition with little to no mechanical or electrical faults. These cars are basically thoroughly inspected and then certified by a professional. While such certified cars might carry a slightly higher price tag when compared with non-certified ones, they’re almost always worth it. However, many choose to ignore such cars, which can be a major mistake.
3.Focusing on add ons and extras over performance
When shopping for a pre-owned car online, many car buyers tend to get sidetracked and focus more on the fancy gadgetry, features, and add ons that the vehicle carries. This is a mistake that many first-time and even second-time buyers make. Always ensure that you give more importance to the car’s engine and its performance instead of focusing on these additional features.
4.Giving more importance to low-priced cars
As a prospective buyer, it is quite natural to gravitate towards used cars with low price tags. While that’s not necessarily a mistake, focusing too much on the price can sometimes lead you towards a bad investment. If you manage to find a good car at an ultra-low price, be aware that there’s almost always a reason for it. For instance, there might be something wrong with the vehicle or it may need some heavy repairs that may not always be apparent. Searching for a used car in a good condition even if you might have to pay a little extra is a much better idea.
5.Ignoring safety features
Cars these days come with several safety features such as airbags, traction and stability control, and Anti-Lock Braking Systems. These are some necessary features that a prospective used car buyer should never underestimate. In a bid to cut costs, many shoppers tend to ignore such safety mechanisms, which is a grave mistake. Therefore, when you’re shopping for a pre-owned car online make sure that you consider vehicles with such features built-in.
Conclusion
By not making these 5 mistakes while searching for a used car online, you can to a large extent ensure that you get the best vehicle. With used car loan interest rates being lower than ever, what are you waiting for? Avail a used car loan right now and get yourself a pre-owned car!
George Thompson