With the amount of information available online, buying a used car is not rocket science. It’s quite a simple, quick hassle-free process when done right. But along with good information also come a lot of myths about buying used cars. The used car industry is rife with myths and hearsay. These are things we hear over and over again and may sometimes make us wonder if we’re taking the right step when buying a used car. But a lot of times, these myths are just those-myths with hardly any solid truth behind them. So here we’re going to bust the top five myths of buying a used car.
However, you could also go to a knowledgeable car dealership like Carswitch who could help you with the same. They not only educate you on the market scenario and reality but also help you throughout the process until you find the right car.
1. There must be something wrong with the car
Selling a car today is so common and so is buying a used car. But many people still believe that there must be something wrong with the car and that’s why the seller wants to get rid of it. However, in today’s market, most people usually sell their cars to get a newer model or a bigger car and buying a used car makes much more sense economically. Buying used Ford cars in Dubai, as facilitated by Carswitch, is one reliable option as these are sturdy cars and last long. If the car has been serviced when it was supposed to have been and the upkeep has been good, you should have no problem with the car. You can also cross-check the car’s inspection report and the service history to ensure that it is in good running condition.
2. There is no resale value on used cars
When a car is maintained well, used or otherwise they will hold onto their value for longer. Ensure to service and maintain your car regularly, paying attention to the fuel, appearance and smooth running of major parts. After some time if you decide to sell your car or trade it in for another model, you will get a good amount of money. Also, since you bought a used car at a much lower rate than a new car when you sell you need not sell it for much to make a profit off it.
3. You can’t tell the quality of the car
Another common myth surrounding used cars is that you won’t be able to tell the quality of the car you are buying. Most dealerships get their cars inspected by a certified mechanic before putting it on the market. If you still have doubts about it, you can also get it inspected by a mechanic. If the previous owner has skipped out on the dashboard warning lights or has not been up to date with the routine services, there are signs of wear and tear that any mechanic can easily spot. Used cars usually come with a service history report and you can see if it has been involved in any major accidents and if there is any major damage.
4. Don’t finance at the dealers
If your credit score is bad then there is a hint of truth to this myth. However if it is a 0% down payment you are after then that’s not what you are going to get at your local bank, because the bank does not stand to make anything on such deals. If you looking for better interest rates explore the offers your dealership has to offer. Since most dealerships are tied-up with numerous banking and credit institutions they can sometimes get you a better rate of interest than what you would get at your bank. Some dealerships may even offer you a 0% interest loan as they anyways stand to gain on the sale of the vehicle.
5. The internet will tell you everything
There is no doubt that the internet is far-reaching and practically all-knowing. But that being said it is not the only resource that you should be looking at when you want to buy or sell a car. If a person is selling a used Nissan Altima, sure you’ve seen the pictures online from all the possible angles but it is always better to visit a dealership to find out more details and check the car in person. The internet is also a cesspool for scammers who can seem genuine to sellers and if you are none the wiser, you may fall prey to such scams.