Things to consider before buying a used car

Things to consider before buying a used car
Buying a used car can save you thousands of dollars, but there is a risk that you might buy a lemon. Here some of the things to consider before you buy.
Find the right car loan


Before going to a used car dealer, you should know how much you’re willing to spend on a car.  Apart from the purchase price, consider the ongoing costs such as fuel, maintenance and car insurance. Financing your car is another thing you need to consider. You could get finance through your car dealer but many of the best deals  for used car loans these days are with online lenders such as


The Internet has a wealth of reviews for most models. Before you choose your desired model, do your due diligence by reading both professional and user reviews so you know what to expect when you buy. 

Vehicle History Report

Each second hand car has a back story. You never know, there might be some serious damage to the vehicle that cannot be easily seen. You can visit and enter the VIN (Vehicle Identification Number) to get a comprehensive history report within minutes. You may need to pay a small fee but obtaining the report could potentially save you a lot of money and problems.

Pre-purchase inspection

A pre-purchase inspection is an important part of the car buying process whether you’re buying from a dealer or a private seller. Get a qualified mechanic to inspect the car. The inspection should include the body, engine and all mechanical systems.

Test driving the car

Spending time with the vehicle will give you an idea of how comfortable it is to drive and if everything is working smoothly. Ask the seller if you can drive the car on different road surfaces such as flat roads, uphill, highways and areas with sharp cornering.


The asking price doesn’t have to be the final price. Don’t be afraid to negotiate with the seller even if you are only aiming to knock the price down by a small amount. Every dollar counts. Make a list of any faults you discovered when inspecting the vehicle and use them to drive down the price.

Final transaction

Before you take the car home, make sure you have all the paperwork needed such as the registration, warranties, and any other documents that relate to the car. Make sure you get the original versions not photocopies. 

It is worth taking your time when buying a second hand car as you don't want any surprises after you buy it. 

Related: Buying a new vs used car

Tags: personal car loans

Get your next car fast!
Drive away quickly with confidence

Related articles

A car is a big purchase and not one you want to rush into so we’ve prepared this checklist...

Apart from a house, a car is one of the most expensive things you can buy, so figuring out...

Find out about the potential benefits of a car loan deposit and if you need one with loans...

TAP to chat!