Do you intend to buy a new car, however, the price is out of your budget? Then, how about a second-hand car? Your budget may be enough to afford a second-hand car.
Many speculations arise regarding a used car/secondhand car. Some are positive about it, but others may think otherwise and consider it a loss.
Read on as we share some myths about buying a second-hand car that you should know as a reference.
Second car myths
The followings are several myths that you must know.
No warranty
That is not right. Typically, a new car comes with a five-year warranty.
Let’s say if the car is resold within a period of fewer than 5 years – you can still use the remaining warranty period.
Please check with your car dealer to ensure the status to prevent you from bearing any losses or confusion.
Not safe
This is an
Although it is a second-hand car, it is still safe to be used. This is because all new car comes with modern safety such as an airbag, anti-lock brake, and stability control.
Unless you are buying an old vintage used car, then you do not have to worry because many important safety features are now required for new cars.
Unable to take a loan to buy a second-hand car
There are no significant differences between new cars and second-hand cars for financing loan applications.
. Sama seperti semua pinjaman lain, meskipun anda ingin memohon untuk pembiayaan bagi pembelian kereta second hand, pihak bank tetap akan menyemak gaji dan skor kredit anda bagi menentukan sama ada anda layak atau tidak mendapatkan pinjaman.
Second-hand car is plain-looking
Who says a second-hand car is horrible? That is not necessarily right. If you bought a new second-hand car, the car is probably is in mint condition.
There are many reasons why people sell their cars. It is not fair to always assume because of the ugly appearance. It could be because the owner intends to change to a bigger car or modern car.
Please check the condition of the car to make sure it is safe and worth your investment.
Tips to buy second-hand cars
Here is a summary of tips before you buy a second-hand car.
- Plan your budget
Set an appropriate budget according to your needs and finances
- Do survey
Survey multiple second-hand car platforms online or at used car dealers to get the best car at a more favourable price.
- Limit the manufacturing year
You are recommended to buy a second-hand car by manufacturing year, up to 5 years only. Cars with recent manufacturing years have a lesser risk of becoming easily irritable and damaged.
- Check the mileage
You are advised to ensure the second-hand car has good mileage. Make sure the number is not too high and remains at a moderate level only.
- Cheap but not necessarily in good condition
Take note that a low offer may be caused by several factors:
i) the mileage is high
ii) has a record of high accident severity
iii) frequent change of owners
- Consistent car service
Make sure the second-hand car has a good record of car service as scheduled
- Check the exterior/interior of the car
Please check thoroughly if there is any damage on the auto body or inside the car
If there is any, try to negotiate with the car dealer for discounts
- Check basic fittings and equipment
Make sure all basic fittings and equipment are in good condition. This includes the horn, aircond, radio, seatbelt, spare tire, and others.
- Check the engine
If you have no knowledge about a car engine, please refer to the expert to avoid fraud.
- Test drive
Test drive the car in the first place and check the car thoroughly.
Be careful, follow the guides before buying a second-hand car
Car purchase is a long-time commitment.
If you have a limited budget, you may consider buying a second-hand car based on the shared tips above.
Do not make a rash decision. Choose the best car that fits your budget and needs.
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