Are you thinking about owning a car this year? There are two ways to it – you can either go for a new car or consider buying a second hand car.
With the prices of new cars skyrocketing each day, going for a second hand car would be a great option, especially if you are financially strained. Nevertheless, buying a second hand isn’t an all-rosy affair. If you don’t know what to look for in a car, you can easily be scammed.
6 Factors to Consider When Buying a Used Car
Buying a second hand car is difficult. You need to research thoroughly and evaluate your options keenly.
We have shared tips below on what to look out for while shopping for a second-hand car so that you avoid losing money.
Before you start car shopping, you need to have a budget. Set a certain amount of money you are willing to spend buying the car and stick to it.
Remember to budget for other aspects such as the maintenance cost, inspection cost and car insurance.
Having a budget saves you from overspending and ensures that you are ready for any other costs during the entire process.
- Carry out Extensive Research
Researching the available second hand car options will help you save a lot of money and time during the actual purchase.
But what should your research entail?
The chances are high that you have a car model in mind, but It is advisable to have at least two contenders. Carrying out enough research will help you narrow down to the best option.
- The legitimacy of the Car
You need to check the legitimacy of a second-hand car before you buy it. Otherwise, you may end up buying a stolen car. The best way to avoid this is by ensuring that you buy from the rightful car owner. The Kenya Revenue Authority and National Transport Safety Authority (NTSA) are websites where you can cross-reference car ownership details to avoid buying a stolen car.
These websites will provide you with full details of anybody who has ever owned the car you intend to buy. Additionally, such cross-referencing helps you establish any outstanding taxes attached to the car’s logbook. Such information enables you to authenticate the actual owner of the car and avoid being scammed.
Proof of insurance is needed when buying a second hand car. So, before you close the deal, ensure that all insurance issues are clear.
Insurance companies give you the option of transferring your current coverage to another vehicle, but for a limited time. However, it is essential to liaise with the necessary authorities to ascertain whether such an arrangement is applicable in your case.
Getting the car’s logbook is an essential step in the process of buying a second hand car. Usually, the car dealership should avail the logbook upon purchase of the car.
Some individuals or dealerships are cunning and will never tell you the logbook’s whereabouts until you have made all the payments. If there is no lien or loan on the car, you should demand to see the logbook.
- Car Mechanics
Test driving a car before you buy it is an essential step. However, it will not fully reveal the actual condition of the car. You need to contact a skilled mechanic and have him check the car for you. The cat may be having faults you can not detect on your own.
Ask the car owner to allow you to take the car to your trusted mechanic for diagnosis. A professional mechanic should be able to tell you if the car has any hidden issues. In case some issues require repair, get an estimate from the mechanic so that you can discuss the cost with the owner should you continue with the purchase.
Buying a Second Hand Car: Final Thoughts
It is necessary to be careful when buying a second-hand car. Carrying out extensive research, setting up a budget, ascertaining the car’s legitimacy, and engaging a professional mechanic, are some of the aspects to consider to help you settle on the best second hand car.
If you are looking for second hand cars to buy, browse a variety of options on Cheki. The site hosts numerous trusted used car dealers committed to ensuring that you get the car of your dreams.