June 2019 - GoDrive

With all the bells, whistles, and attractive financing options that come with a new car, getting one seems the right thing to do. However, you have another option: used cars! There are lots of reasons why you should pick a secondhand car over a brand new one. Not only would it save you money, but it also brings with it many perks, some of which are laid out below.

Depreciated Value

A brand new vehicle’s value begins to depreciate the moment you take it out on the road, and it will continue to do so in subsequent days, weeks, months, and years. With pre-owned cars, however, this deflation has already occurred, allowing you to purchase a premium automobile at a fraction of its original cost.

Cheaper Insurance

Insurance prices for secondhand vehicles tend to be lower than those for new ones. That’s because it’s mainly based on the car’s current value. In short, the lower the value, the lower the insurance premium. Plus, insurance companies also factor in the car’s age, lowering the premium costs further.

No Exaggerated Fees

Say you opt for a brand new ride and you get offered a terrific bargain. You still won’t be able to enjoy it afterward since this great deal would come with hidden and crazy fees more likely than not. These charges include shipping and delivery, destination fees, and something that’s called “dealer preparation.” Thankfully, none of these exaggerated fees are included in almost all secondhand car purchases.

More Affordable Service

Whether you choose a new car or a used one, you’ll have to take it to the shop at some point. For secondhand vehicles owners, services for car maintenance and tune-ups tend to be more affordable and budget-friendly. In stark contrast, brand new automobiles have to be taken to its manufacturer for major and minor repairs, which could strain you financially.

Low Customization Costs

Should you also decide to get a pre-owned car, you won’t have to face any of those expensive dealership add-ons common in brand new car stores. Instead, you can buy and install these extras at your own pace and budget. Doing so would make you feel less harried as well as save you a lot of money.

Go Secondhand

Buying a pre-owned car might not seem as glamorous as going for a new one, but it’s still one of the wisest decisions you’ll ever make. So instead of going for that shiny ride being advertised on your TV, better choose the pre-owned yet still functional vehicle instead.

A lot of aspiring car owners and motorists tend to look for a pre-owned car instead of a new one because it helps them save money. Still, you need to be careful when buying a secondhand car since it may come with hidden risks or damaged components. To help you out, below is a list of reminders when inspecting a used car before buying it.

Don’t Buy During Nighttime

Never visit a car dealership at night to check out their models. Instead, you should visit during daylights hours. You need to see your preferred ride in good sunlight. Doing so would enable you to check whether or not its panels are aligned or tampered. If it’s uniform, then the vehicle is good to go. Otherwise, it’s on its way out.

Check the Tires

Tires are essential when you’re checking out pre-owned cars. You need to make sure that the vehicle you’re going to pick doesn’t have worn out tires; otherwise, you might end up spending more than you intend to. You also need to inspect whether or not the wheels are correctly aligned, as feathered or cupped tires indicate that it’s not in tip-top condition.

Check the Car’s Fluids

Open the car’s hood and inspect the liquids circulating within, including the transmission fluid, the engine oil, and the brake fluid. If the transmission fluid is reddish and does not smell, then it’s good to go. The same goes for the engine oil, although it’s not always a tell-tale sign that the car you want to buy is in good shape. And a full brake reservoir indicates that the vehicle has functional brakes (you also need to take this with a grain of salt since this is not always a sure sign).

Inspect the Belt

The vehicle’s timing belt is also critical to look out for if you plan to buy secondhand. It needs to be relatively unused before you make a purchase. Otherwise, you might leave yourself vulnerable to car trouble in the future.

Inspect the Coolant

Car antifreeze or coolant not only regulates a car’s engine during extreme temperatures, but it also helps maintain proper fluid levels in a vehicle and help prevent its parts from corroding. So best make sure the car’s coolant container has optimal amounts of the liquid before you proceed with purchasing it.

One Last Tip

Keeping in mind the parts listed above will help keep you from buying a vehicle that’s going to be a problem down the road. But before you buy a car, here’s one bonus bit of advice: Once you find a vehicle that you like and you’re interested in it, call a parts store first. Ask if there’s a lot of parts ordered for the model you’re targeting (i.e., wheel bearings, brake pads, etc.). That way, you’ll know if the car currently in the dealership has recently had its parts replaced.

To shop now for the best used cars in the Philippines click here.

Month: June 2019