How to buy a used car?
Buying a new car is not easy as it is difficult to find a good deal. Due to the pandemic, the supply chain in Lithuania has been disrupted, and currently far fewer cars are being imported. To avoid common mistakes when buying a car, we have prepared tips for you to buy the most suitable option.
Set a budget
When you're looking for a used car, you have to decide whether to buy it with cash or take out a loan.
Buying a car with your savings is easier, but don't spend all your money. Do not forget that you will have to pay pollution tax, insurance.
Nowadays, it is not surprising that cars are bought with loans. However, before buying with the help of leasing, calculate how much you will have to overpay for the value of the car.
Think about the features you want in your car
When you decide how you will buy a car, then the search for the right car begins. Here are some helpful questions to ask yourself:
- How are you going to use your car? - let's say you have a family and you want to have enough space for everyone. Maybe you live in the country and you will constantly have to drive through bad roads?
- What features are required? - it can be a sunroof, heated seats, audio equipment or other functions.
Once you decide on your criteria, then start looking for matching cars. Nowadays we have used car portals where we can filter the cars according to our wishes.
Check the retention rates
Some cars require more expenses. Some models may break down more often and are more expensive to insure. Before you make sure that the model is right for you, look for reviews about them online. You can call insurance companies and inquire about insurance prices. Sometimes it is better to buy a more expensive car than to spend your money on repairs.
Find the best price
Advertising portals already provide statistics on how much those cars cost in the past. Check if they have a big price drop. Check out other ads and make sure you don't overpay for your car.
Ask the seller as many questions as possible
Always try to find out as much as possible about the vehicle you are buying. Ask if the car has a service history, what defects they encountered in the past. Always make sure that the car is really registered to the seller and not to someone else.