Remind yourself of these 4 mantras when buying used cars in Nigeria

16/01/2019

Be wiser with these pieces of advice shared by successful buyers on buying used cars!

Nowadays, we tend to favor used cars over new ones. For one, you can buy a much luxurious and aesthetical car with the same amount of money to buy a brand new one, and, of course, in exchange for a couple of thousands of kilometers on the odometer and occasional scratches on the bodywork. But still, that doesn't stop us from pursuing our dream car. Who wants to buy a Toyota when you can drive a BMW, really?

Obviously, you are not the only one who knows that. Sellers of old cars, whether they are the owners or specialized dealers, always try to surge the price up, because who doesn't? They need to profit off their goods so that they can stack up to buy a new one or to keep their business going.

On our part, the buyers, we also have to do everything we could to keep the bargaining range marginal and use any car defects to our advantage to negotiate the price down. Knowing when the best time is to buy a car is not enough; one universal rule when buying used vehicles is that you should never test drive the vehicle until you've checked every detail of it first. If you jump in the driver seat too quickly, they may see it as a sign of interest, whether it's true or not, and then try hard to get later.

Car buyers looking for an used car at a center

Why do we have to spend on a brand-new one when a used luxury car is within our reach with the same amount of money

If you don't want to get ripped off for a pile of garbage, check out our advice below so you would know what to look for and what are major red flags in this business that make you ditch the deal immediately. You should always get your money's worth

1. Always be prepared

No matter how shiny and blinky it looks online, it might not be as good as you predicted. So always list out couples of models that you like, so what you'd have more to choose from. The next step would be going to auto websites,  forums or Wikipedia to gather information from car experts and enthusiasts and listen to what they have to say, specifically about your model. Also, listen to complaints and red flags for choosing your models of choice.

a buyer and a seller negotiating

Pay attention to the "minor" defects the dealers refer to

2. Be ready to negotiate

This might sound redundant but you should prepare some mental "tricks" before getting into a negotiation. For example, you should talk less than the seller and listen to what he or she has to say or always pay attention to defects that they say are "minor". What's more, don't reveal your budget, just get them to talk first and adjust your number later.

a man talking to a woman beside a car\

Be ready in every situation, don't let a pretty face add a few thousand Nairas to your bill

3. Be ready to inspect

You should be ready to do some inspection work as it is a normal procedure when buying old vehicles. Obvious signs would be scratches in the bodywork, lights, doors, fender, trunk, hood...Do you see oil leaks, worn out tired treads, Corrosion or broken window glasses? Also, check for major components of the engine such as the cooling system, the transmission, Engine oil &block, time belt, and hoses. Lastly, check for the color of the oil. Normally they're all a little brownish. If they turn black, the oils might be too old.

4. Be ready to test drive

After you have checked everything above and feel good about the car, give it a test drive. Pay attention to the following components for faults and defects: Lights and gauges, the roof, the pedals, the exhaust smoke, the sound it produces, the heater and AC, the dashboard, the steering wheel, it,s ability to brake efficiently, etc.

Don't forget to be friendly, who knows if that would deduct a few thousand Nairas off the final cost.

a man showing something to a woman sitting insice a car

Don't forget to be friendly, who knows if that would deduct a few thousand Nairas off the final cost.

Video: How to Test Drive a Used Car