Buying a Used Car: 8 Tips for Success

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Buying a used car can be a good solution for those who want to buy a car, either because they don't have the financial availability to make a very high investment in the purchase of a new car or because they prefer a second-hand car. However, buying a used car has its cons and therefore requires some extra attention at every stage of the deal.

1. Think twice before making a purchase

"Do I really need the car?" Ask yourself this question. Define needs and, above all, priorities. If you're going to buy a used car to stay in the garage or just drive it on the weekend, make allowances for the other costs you'll have with insurance, vehicle tax and possible maintenance expenses. It may seem like a deal that you don't want to lose, but remember that the expenses with a little used car are “her for her” with those of a car that is frequently used on a daily basis and its devaluation process is practically identical.

2. Do a survey

It's important to find the car that best suits your needs. Visit 'stands', websites for the sale of cars (OLX, AutoSapo, Standvirtual), ask for information about the car and the method of payment. You can also visit the websites of car brands that have used programs with very interesting guarantees. “Whoever has a mouth doesn't go to Rome, he buys a good car”. The important thing is that the purchase decision is considered, leaving aside impulsiveness and emotion to give priority to the rational side.

Used cars

3. Ask for help with inspection of the car

Have you already chosen the car? Great. Now all that's left is to do the 'test-drive'. Our advice is that you take the car to someone you already know, preferably trustworthy, and who has good know-how when it comes to mechanics. If you don't know anyone, you can always go to some workshops that carry out tests on used cars, such as Bosch Car Service, MIDAS, or even the brand of the car in question.

4. Check some key points

If you prefer to do some checks yourself, these are some key points that you should not miss: check the bodywork for rust, dents or dents, confirm the condition of the tyres, lights, paint, opening the doors and bonnet, check the condition of upholstery, seats, seat belts, all buttons and features, mirrors, locks and ignition. Also try starting the engine to see if the panel indicates some kind of malfunction. Finally, check the oil level and battery life. It's time to do the 'test drive' and check the operation of the brakes, steering alignment, gearbox and suspensions. DECO provides a 'check-list' that you can use in these situations.

5. Search the price

Feeling “stolen” is one of the worst sensations there is. To do this, there are online sales sites such as AutoSapo that simulate prices based on mileage and other distinctions. On Standvirtual you can even find out the most suitable price for the car you choose. All you have to do is have access to the lucky winner's brand, model, year of registration, mileage and fuel.

6. Account for insurance

Another case to give “thanks” for the existence of online simulators. With a mere simulation you can get an estimate of how much you will pay for your car insurance.

7. Check the documentation

If you're really going to buy a used car, it's important to go through this step, before giving any kind of signal for the car. Check that all documents are up to date, such as the property registration and the booklet. Automóvel Clube de Portugal (ACP) recommends special care in verifying the name of the seller and if it is the same one that is in the vehicle documents.

If this does not happen, you should check if there is any sales declaration signed by the owner. The ACP.

You should also have access to the service book, security and anti-theft codes, car instruction book, inspection certificate and proof of payment of stamp duty.

buy used car

8. Confirm the car warranty

If you are thinking of buying the car from a private person, you know that there is no guarantee obligation. However, the car may have the manufacturer's warranty and, in this case, it is necessary to confirm that it is valid. If you buy the car at a used car stand, you are entitled to a two-year warranty (the minimum is one year if there is an agreement between the buyer and seller). It is advisable to always have the warranty terms in writing, namely the term and the coverage included by it, as well as your obligations in the role of purchaser.

Do you think anything is missing? If you have already gone through the experience of buying a used car, share your tips here!

Source: Caixa Geral de Depósitos

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