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How to Buy a Used Car and Not Get Ripped Off

Holts Problem Solved HOW TO ● BUY A USED CAR AND NOT GET RIPPED OFF 7.7 £42bn Most new cars lose around 40% of their value in the first year The average age 22% of motorists search for Brits spend around £42 billion on used cars in the UK every year of a UK car is used cars that are no more 7.7 years old than 10 years old 60% of British motorists cited price as the reason for buying a used car 51% of men would prefer to sell their car for cash than 79% of cars reach their 12th birthday Drive 10,000 miles a year, and your car will have lost 60% of its value by year three trade-in A 6 month round-the-world trip for 2 people PRICE OF A bottle of luxury Romanee-Conti A 3-course meal for two every weekend for three years Grand Cru French red wine FOR THAT PRICE, YOU COULD BUY £8,540 IN THE1 An unlimited travel bus pass for 14 years A brand neW, 400bhp motorbike One and a half kilos of Beluga Caviar Buying a used car can be stressful. Search savvy, however, and there are some real savings to be had - particularly when compared to the cost of a brand new motor. Take a look at our top tips on how to buy a used car without getting ripped off. THE THREE NO-NOS OF BUYING A USED CAR Most car sellers are honest, decent folk - but a minority will try to rip you off. Swindlers use a range of clever tactics to cheat unsuspecting customers out of their cash - here are three things to watch out for: ELOCKING CLONIN9 ONLINESCAMS Switching the number plates of 2 vehicles to mask the identity of a stolen car. Fraudsters use a variety of tactics to fleece buyers online - including fake ads and sham profiles. When a car's odometer is tweaked to make it look like it's done fewer miles - thereby increasing its value. INSPECTING A USED CAR: You don't need to be a mechanic to inspect the condition of a used car. In fact, with a little know-how, you'll be clued up on used car buying in no time. Check the car's history to find out if it's been written off, stolen or has outstanding finance. Inspect documents closely – including MOT certificates, service history and the logbook. Examine the car's body panels for damage, rust and mismatched paintwork. VIN Check all features work – including lights, wipers, dash and stereo. Ensure the Vehicle Identification Number (VIN) on the windscreen, chassis and bonnet matches the logbook. THE TEST DRIVE It's difficult to get a feel for a car while it's parked in someone's drive or sat in a garage forecourt, so insist on a test drive. Driving a car before you agree to buy is essential, and will give you a good idea of how it performs and what it'll be like to live with long-term. Before you take the wheel, arrange insurance that will cover you in the event of an accident. Start the car cold. Can you hear a belch, bump or creak? Walk away. Insist on a test drive of at Pay attention to the gears, clutch, suspension, brakes and steering - there should be no vibrations, clunks or noises. least fifteen minutes to get a feel for the car's performance. Putting technical knowledge aside, buying a used car can be a painstaking task. Get it right, and you could pick up a dependable workhorse – get it wrong, and you could face months of misery stood in the rain on the hard shoulder. | Budget: From insurance to tax, additional running costs soon add up. Set a budget and stick to it. Handbook If the handbook isn't in the car, ask why. View a Car in the Dayligh: Never arrange viewings at night or in the rain. Manuals are full of useful information and are costly to replace. HINTS & TIPS Holts Never Feel Pressured: Remember - you're well within your right to walk away. Be confident, and drive the sale on your terms. Locking Wheel Nuts: If the car has alloys, it will have locking wheel nuts. Make sure they have the original security key. Problem Solved At Holts, we have a range of products developed to help you solve your car problems and get back on the road. View our full range at www.holtsauto.com/holts Sources: http://www.theaa.com/motoring_advice/car-buyers-guide/cbg_depreciation.html http://www.dealerupdate.co.uk/intelligence/#.VW7_JGRVHBC http://www.buckingham.ac.uk/wp-content/uploads/2014/11/pnc-2014-usedcar.pdf http://www.thisismoney.co.uk/money/cars/article-2262123/Secondhand-car-prices-fall-lowest-level-year.html A USED AVERAGE, CAR IS THE

How to Buy a Used Car and Not Get Ripped Off

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How confident do you feel when you're considering buying a user car? This infographic is a guide to help you avoid getting ripped off, and includes what to look out for, what not to do and tips on the...

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