Looking to get an amazing deal on your next SUV? Look no further!
When buying an SUV, whether that’s privately, by going through a dealer, or online, there are a few little nuggets you should watch out for. If you do your research, learn what your rights are as a buyer, and know what to look for, you could save a substantial amount of money and drive off with perfect SUV at a bargain price.
With a massive choice and price ranges from little money to silly money, it’s hard not to get swamped in a multitude of offers, bogged down with specifications and having your time wasted by misleading adverts. Follow the steps below to finding that perfect SUV for the right money and get a new car on the road today.
Most buyers strive for the ‘sweet spot,’ which is when a vehicle is three years old, while looking for an SUV. This is because the majority of new vehicles are purchased on financing or as part of a commercial fleet lease that lasts roughly 36 months. After that, they are returned to the dealer or sold at auction, and end up on the used car market.
Depending on the type and mileage, an SUV should be half the price it was when new at three years old, but it should still have plenty of life remaining in it. Also, according to statistics from warranty providers, a car’s durability tends to wane after 5 years, so now is a good time to sell your old SUV and replace it with a newer one.
Because a vehicle is a huge purchase, the first thing you should do is figure out your budget and adhere to it. Find out the best method to finance your SUV, whether it’s a personal loan, vehicle financing, or direct cash, if required. Calculate how much you can put down as a deposit and then the monthly payments you can afford.
If you’re searching for a cheap SUV, browsing numerous websites on the internet is a terrific method to discover what’s available and what you can afford. You’ll have a decent idea of if you’re overpaying, and with so many options, you don’t have to hurry into purchasing a vehicle if you don’t believe it’s exactly right for you. If you’re searching for a mainstream model, there will always be plenty of options if the price isn’t appropriate.
There’s no sense putting a monetary value on the stack of documents that comes with an SUV if you’re not willing to go through them. If you are purchasing from a private person rather than a dealer, first ensure that the listed keeper is selling the car from the location indicated on the V5C logbook, then compare the logbook registration and chassis numbers to those on the vehicle.
Following that, you may begin searching for any anomalies in the service record, determining if the cam belt needs to be replaced (this can be a costly task on certain vehicles), and checking sales documents to establish ownership and the termination of any credit arrangements. A quick HP check will also reveal any outstanding debts or nasty surprises.
Should you wish to resell the car in the future you will be glad you have a clean service history and correct log book to pass on to the next owner.
Rain on paintwork can hide an array of flaws, as will street lamps or torchlight, so try and look at cars in good weather, and definitely inspect them in daylight. Take your time inspecting each panel and all of the inside trim surfaces, you may want to use a black light. Is the air conditioning blowing chilly, and do the electronic windows all open at the same speed?
Examine the boot floor for the spare wheel and/or repair kit, as well as the original jack and tools and locking alloy wheel nuts. Also, look in the glovebox for the vehicle manual and ask the owner if there are any extra keys.
It’s critical to verify that the SUV drives and handles appropriately, and that it performs as expected. Is it easy to start the car? Is there any strange noise coming from the engine or the brakes? Is the steering skewed to one side? Is there any smoke coming out of the exhaust?
When you’ve agreed on a price and plan to purchase the SUV, make sure all agreements are in written, with a receipt that both parties may sign and save a copy of. It should include the vehicle’s specifications, price, and conditions of sale, as well as the seller’s and buyer’s names and addresses. There should be no problems if you purchase from a reliable source. Be careful how much cash you take with you. Use a money transfer if at all feasible. Never bring cash to a meeting location other than the seller’s home address.