Bad Car Credit Articles
The Right Way to buy a used car
Your guide to buy a used car at the right price. From thinking of buying a car till actually driving the car can take a long time. Sometimes can take months or maybe years to choose the right makes, models, colour, car finance option and other alternative. There are number of easy way to buying a used car at the right price. You can choose from a car dealership, trades, auction, online, import, private and car supermarket.
Car dealerships usually has people, who give you advice and good service on which car will suit your needs, tell you about which car can do how many mpg (miles per gallon). Car dealership is for an individual who needs help on choosing which extra option they want like air conditioning, climate control, cruise control, satellite navigation, etc. Also, dealership will try to get you to buy extra car warranty, car finance deal, cheap car insurance, interest free finance, mechanical breakdown insurance. Tell you about the repayment on the car loan only this much per month. They will push so hard to make sure you drive the car away today. That’s mainly how dealership works.
Trade are quite similar to car dealerships because they are mostly privately owned by individual business man. Trades have maybe 1 or 2 people helping you about what you need to know about the car and what kind of car finance you can get. You can choose the car that you want but cannot add particular extra option like power steering, traction control. They usually cheaper than car dealership because is not much service. Car finance option is available but not interest free finance. Car loan often comes in from brokers that work very closely with trade. Sometimes, you could get a good price on those.
Auction is a quickest way to buy a car without any hassle from any salesman. The ways that auction work by bid on a car then the highest bidder get the car. The only problem about car auction is if the car has been crashed, stolen, CAT D, etc, the seller doesn’t have to declare any history of the car when is going on sale. Check out the car before you bid on it. Like the VIN number, has the car still under car finance so it will go under as bad credit, if you don’t want to get your hands dirty. You can have your car data check. This involves everything you need to know about the history of the car. From the date it rolls out from the factory till next MOT. But you have to pay small fees for that, usually around £20. So you can have a peace of mind for your motor. Also, there is no car finance or any car loan option offered. Buyer has to pay for the total cost of the car. Most traders get their cars from auction so maybe you can find a bargain.
Online is the easiest way to check the car’s detail. You can check out all the car around the Internet. Most people go on the Internet to check out all the car that are available first. Most cars probably advertise over the Internet. People advertise their car over auto trader, eBay, fish4car, etc. Sometimes, you have to ring around to get the car that you want because people want to see more of the car first then decide on it. Most of these people selling their cars online are usually are individual or small businesses. Some of them can be really helpful and just sell their car. After finding the car that you want, finding a car finance company will be even easier, there are about hundreds of car finance or car loan companies around the Internet. Just type car finance or car loan in Google search bar, Google will return about 20 thousands results. Car finance company deal with people with bad credit, car loan problem, rejects car credit. Internet is probably the best way to do research on looking for the car that you have been wanted.
Import can be cheap to buy but there are lots of procedure and paperwork to go through. Buying a Japanese car from Japan will save you around 10%-20% than a UK version. The paperwork will involve import tax, shipping, VAT, etc. But if you do it right, you could save a few pounds and have a new car to drive in about 2-3 months. It is sometimes not worth the hassle because you could be spending the time doing something else. Also, when you want to sell the import car, you always get less than what you pay for compare to the UK version. Car finance and car loan companies sometimes do not loan credit to people who want to buy an import car. Generally, they lose half of their value in about 3 years. People rarely buy import car from another country.
People sell their own car on the local newspaper. Usually they can’t get a good deal on the car dealership because dealership has a big profit margin to keep. That is why people often sell their own car privately. There are so many people sell their own car under the list price which is a good thing for people who are looking for a new car. Car finance company can sort out the cost of the car for you if you need car finance. The seller should get the money pay through by bank transfer.
Car supermarket has a huge amount of small car like Ford, Fiat, Renault, VW, etc. There are lots of choices to choose from. From different colour to brand new car with a free year insurance. But supermarket only sells car range from £5000 - £20000. You could also have a CD player fitted rather a cassette player. They also have a series of car finance selection to choose from. Monthly repayment can be as low as £150. If you know exactly what you want, that is the best place to buy your new car.
The tips of buying a used car are:
- Check the history of the car – Car Data Check
- Ask for all the service history and MOT certificate
- Look for car finance or car loan company before you choose your car if you need it
Always bring a friend with you to inspect the vehicle just in case you miss something important