Many people love having a new car but if you have to have a second hand car then you may worry about what you are going to end up with and if it is going to have problems which will cost a fortune to fix.
Did you know that on average a car loses up to 40% of its value in the first year? A huge chunk of this is knocked off the price as soon as the car is taxed and leaves the forecourt. Even if he car has not been driven, as soon as it is registered, it is classed as a used car.
If you buy a car that is a year or two old, then the chances are it won’t need much work doing on it and it should still be covered under warranty and also if will have already lost the biggest part of its value. Also buying an ex demo which may have been registered a few months ago but just sat on a forecourt can be a great investment.
There are risks involved in buying a second hand car so it’s important to take your time rather than rush into any deal, and to buy as far as possible with your head rather than your heart. Don’t view a car in the rain, in poor light or at night. You won’t be able to check the condition of the car properly if it’s wet – water hides scratches, dents and other problems.
