7 Things to Know Before Buying A Car

Have you done your research?

• Do as much research as you can. Read consumer guides, get advice from Consumer Affairs Victoria , visit car sale sites, and most importantly, read new and used car reviews.
• Consider what type of car suits your needs. For example, there’s no point buying a 4WD if you never leave the city.
• Think about your car financing and budget. Will you buy a new car? Will you be visiting used car dealerships?
• Always do a vehicle check. Take the prospective vehicle for a test drive.
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Is a new or used car better?

• New cars are less likely to present complications and can offer peace of mind.
• New cars usually have improved fuel efficiency but face immediate depreciation.
• A used car can be more affordable.
• A well-maintained used car with regular service history can be a good buy.

How much do you really know about a car’s history?

• Private sales can be risky, so be extra vigilant with car history checks. The online VicRoads registration check is a great place to start. Simply enter the vehicle’s registration and the VicRoads vehicle check will flag any disputes or sanctions associated with the vehicle.
• Consider having your mechanic independently inspect the vehicle

What are your car finance and insurance options?

• Consider all the fees and charges you may have to pay including registration fees, TAC charges, number-plate costs, government motor vehicle duty, dealer delivery charges, a registration transfer fee (for used cars) and luxury car tax.
• Make sure you understand a contract before you sign it.
• Take out at least third party and preferably comprehensive car insurance.

How safe is the vehicle?

• Safety is often overlooked, particularly when buying an older vehicle.
• Used Car Safety Ratings help you find the safest second-hand car for your budget. Consider also how an older car drives. Will you be happy to drive a vehicle that’s less connected to your devices or which doesn’t have a reversing camera?
• There are 5-star ANCAP safety-rated cars available for every taste and budget.
• The ANCAP rating will give you valuable information about the safety of new cars.

What are the car running costs?

• Work out vehicle operating costs, vehicle depreciation, cents per kilometre, or even find out how you compare to the most economical small car.
• Insurance is typically cheaper for common models, along with servicing, tyres and spare parts.
• Consider fuel efficiency as a significant contributor to the cost of running a car.
• Think about regular car servicing costs.

What are your vehicle re-sale prospects?

• Maintain your vehicle in good condition to maximise its for sale price.
• Keep up with regular servicing and use your vehicle logbook.
• Consider neutral-coloured cars over bright ones, as they are easier to resell.

At Macro Auto we are happy to answer any questions so please give us a call 9874 8744.

SOURCE: RACV