Purchasing a used car does not need to be terrifying or costly. In fact, it costs 50% to 70% lesser than purchasing a new car.
Here are the top 3 questions to ask:
What is the mileage of the car? One simple technique would be looking at the used car’s mileage. If a car has a sky-high mileage, you will perhaps want to reconsider purchasing the car. In contrast, it does not mean that having an extremely low mileage is preferable, because lack of usage leads to engine problems.
An appropriate mileage for its age is about 15,000 to 18,000km per year.
How many drivers are there before? Having three or more car owners might lead to fatal car problems due to wear and tear; high frequency of car usage.
History of the car – Were there any accidents?
Find out from professionals whether the used car has been in any accidents before purchasing it. You can visit inspection centres like STA, which provides car evaluation services at affordable rates.
What is the next step after getting your used car? If you need a financial institute to renew your COE, feel free to contact us.