Buying a car on a budget often means purchasing one that is pre-owned. The idea of used car buying is nowhere near as dirty as it was in the past. There are far more reputable used car vendors than there were in the past and the growth of online car sales has boosted the used car domain.
If you are going for a used car though, make sure you know exactly what you want before buying. The first thing to do is ask the vendor for the car’s paper work, they should be able to produce the VIN numbers the MOT and the registration certificate. Make sure the paper work is in the sellers name and even ask for some ID from the seller if you feel you need to be extra vigilant.
Have a shop around and make sure you are getting the best price for the car. You can compare the price to others on the market of the same model. You can also use professional evaluations. Auto Trader offer car valuations on their site, so make sure you consult a reputable source before handing over the money.
Some used/cheaper cars can be safer and better value for money than some of the more expensive models. Even a brand new Nissan Versa comes in at around £7500 (approximately $11760 US), which can be cheaper than a used Audi for example, but will be more reliable, long lasting and come with top of the range technology. If you are thinking about buying new, you may consider car finance. This makes paying for your car a lot cheaper from the outset but you may be paying more in the long run.
This featured post was brought to you by autotrader.co.uk.
Yes a person has to be careful when buying a car on a budget! There are many good used cars that can be bought on a budget, and the website Auto Trader is a great place to start!
I definitely think that it’s important to do your research first. We had bought a used car that was previously a rental. After one year, the same company we bought it from asked to buy it back for about the same price due to a shortage of used cars. We basically got a year’s use for free and it was starting to get to the point where we’d have to replace several items including the tires and brakes. That was a pretty cool transaction 🙂