Why Buy Used Cars?
Buying your first car is a big step and definitely one of your biggest dreams. However, buying a sleek glossy brand new car, regardless of the obvious appeal, is not always a pragmatic option. Nor do you necessarily need to buy your car absolutely new from the showroom. This article tells you why you may consider looking into purchasing used or second-hand cars, what things you should consider before you take the big step of buying a car that has already been used by someone else, and where to go if you have decided to buy them.
Reasons to Buy Second Hand Car
Easier on the Wallet
Buying a car may be a dream for a middle-class family or passion for high-class people. The idea of a shiny, fully functional brand new car in all its brand glory is indeed a novel idea that never fails to amaze car lovers from all walks of life. Before buying the car, budget becomes a big issue. For many, however, a used car is a more economical and affordable option. You can get one latest model used the car at a favorable price. The most popular brands for used cars in Bangladesh are Toyota, Nissan, Mitsubishi, Honda, Hyundai, Suzuki etc. Those who can not afford to buy a brand-new luxury car like BMW, Mercedes-Benz, Audi, Lexus or Mazda also go for the used one.
Think of It as a Practice Run
If it is your first car that you are buying, then purchasing it second hand actually makes a lot of sense. Buying your first car can be a daunting task. For more on that, visit Carmudi's Let's Talk Cars section. If you are a complete newbie in the car purchase scene, it may be very easy to be duped into buying a car that is not right for you. After all, you are picking a ride that you expect to receive satisfactory service from for a prolonged period of time, and with the wrong car, that may as well be a shattered dream. So think of buying a second-hand car as a practice run. Even if you can afford a new vehicle, an old one is cheaper and it gives you a good idea and hands-on experience about the kind of car you actually should have. We all want a Ferrari, but just is not feasible, is it? Buying a second-hand utilitarian car is feasible. If you end up loving it, that is wonderful. If you hate it, then later in life, you have a much clearer and pragmatic idea about the kind of car you are willing to buy.
Things to Keep in Your Mind Before You Buy a Used Car
Like most other similar processes, buying a used car has endless things to look out for before you eventually settle on a vehicle.
The first of these factors is to decide what kind of car you want, in terms of price range, model, build, features, brands, mileage etc. Once there is a certain make and model you have decided on, gather sufficient information on those cars and know what to look for and all other general data about the vehicle.
After that, look over your financial records, have a proper budget and keep in mind exactly how much you can afford to pay. This prevents disappointment of not being able to pay for a car you particularly like down the road.
Contact your bank and see if they are willing to finance a used car, as some banks refuse to do so for vehicles older than 6 years. If not, there is always the option of a dealership. You would do well, however, to try out both and see which of the two options seem less costly.
Finally, there is the test drive, something we are all familiar with. In addition to taking the test drive, however, it is also important to ask a lot of questions and also have enough technical knowledge about what you are asking for.
Taking care of these factors in advance should let you make a more informed decision as well as an easier one when looking to buy a used car.