If you don’t have much of a budget but you really need a car, then consider buying a used unit. People are constantly upgrading to something new so there are lots of old ones up for grabs at reasonable prices. Remember that cars depreciate rapidly over time so you can get a great deal on a model you really liked a few years ago if you buy it now. Maybe you have even seen one displayed at a local used car dealership. Before you go out there and apply for a car loan NZ lenders provide, check your options and make sure that you are getting the best deal possible.
Compare Prices Online
Note the selling price posted on the local shop. Now go online and look for the same model. You are likely to see dozens of ads from owners who are trying to sell their cars. Compare their prices to what your dealer is asking for. You are likely to find several options with lower numbers. Check out the pictures of the interiors and the exteriors. Do you like the colors? How many miles are on these cars? What year did they come out? How many owners have there been before you? These details should be included in the listing.
Inspect and Test Drive
Contact the car loan NZ that seem promising. Just remember that what you saw in the pictures may not be as good as what you’ll see in real life. Maybe those are old snaps and now the car is less attractive. Maybe they picked the best angles to hide dents and other blemishes. That’s exactly why you will need to visit each one. You might want to take a mechanic with you so you can get a better idea of the machine’s current condition. It’s important to know how good things look under the hood as well. Ask for a test drive and see if you like the ride.
Negotiate Based on Condition
After thorough inspection and testing, you will either be impressed or underwhelmed with the car. If you still like it despite any flaws you might have discovered, then make an offer that takes these issues into account. Negotiate knowing that you will need to have these issues fixed after the change in ownership. See if you can come up with a mutually agreeable deal. If not, then don’t be afraid to walk away and seek out other options.