Let’s state the obvious…for arguments sake! ‘a brand new vehicle depreciates the moment it leaves the forecourt and loses up to 40% of its value within the first year’ oh the horror!
Buying a new ‘previously loved’ vehicle is in fact a very savvy way to roll! Provided you do your homework and use a reputable source, you could end up with a Bargain!
So what are our top tips:
Do your homework - It costs you nothing to look about at comparable vehicles of the same year and mileage to check it’s in the right ballpark for price, and keep an open mind.
Beware of deal that looks ‘too good to be true!’…chances are it is! Trust your judgement and if you don’t then take somebody with you that you do trust! Never feel pressured into the sale, there are plenty of great deals out there!
‘Rain, rain go away!’ Pick a good day to check it over! Rain will hide all the scratches and dents, the sun doesn’t have to be shining but dry is best!
Do a HPI check! One of the most important things you could do before buying the car is this! It’ll give you a ‘deep dive’ into the vehicles history providing information such as existing finance, police stolen alert, mileage and insurance damage indicator. This is not to say that buying a Cat C/D is a problem, on the contrary this can be a great idea for saving a few bob, it is advisable however to make sure that the vehicle has had an independent post repair inspection carried out before you commit.
Mileage, a top tip from Russell one of our technicians. Check the Odometer reading history on the MOT cert! if a vehicle is over 3 years old it will have an MOT history and the mileage is recorded at each MOT, do the incremental jumps in mileage at each MOT seem sensible/right? On average we do 10000 miles a year in our cars, if it’s not in the ball park or looks particularly low, ask the question?
Do an MOT history check http://www.gov.uk/check-mot-history, this handy link will give you an MOT history and will now show advisories that were proposed by the testing body at the time.
Pop the Bonnet – If you’re feeling confident – check the levels! Engine oil, coolant/antifreeze, brake fluid.
Put it through it’s paces – Always test drive! You’ve checked it whilst cold – Tick! Now get behind the steering wheel. James one of our service desk managers recommends a thorough test drive, put it over a few speed bumps, does it rattle? Drive on a straight road, does it pull either way? Do a 3 point turn and try a full lock either side. Run through all the gears, it should be a smooth change!
Are there any lights on the dash remaining after you start and when you turn off, turn it back on after it’s warmed up!
Check the warranty policy, make sure its fit for purpose and If it comes with an in-house warranty, make sure they have the facilities to carry out the work!
For the Record! Here at Pressbay we HPI check all our previously enjoyed vehicles before they go up for sale and customer(s) are supplied with a copy of the check. All vehicles are sold with a minimum of 3 months warranty (in the absence of any remaining manufacturer’s warranty) a full service and 12 month MOT if 3 years old or over. In addition any category C/D repaired vehicles are inspected by an independent engineer and the report submitted to the customer.