10 useful tips for buying or selling a used car

Buying or selling a used car can quickly become stressful. The following advices will help you master this task with ease. Here's how!

First of all, you need to realise that selling a vehicle takes time. You should be available for enquiries at all times and set aside time for visits. The easiest option is to trade in your car when buying a new one from a dealer. However, the amount you receive from the dealer is usually less than the price you could get if you sold it privately.

10 tips for buying a used car

1. Set your budget: Before you start looking, decide how much you want to spend. Don't forget to factor in additional costs such as insurance, maintenance and any repairs. If you need to take out a loan, talk to your bank in advance.
2. Decide on the engine type: Find out about the models you are interested in. Read online reviews, reliability reports and maintenance costs. This will help you find a car that suits your needs and budget.
3. Check the vehicle history: Request a vehicle report to check that the vehicle has not been in any accidents, has not been stolen and has no mechanical problems. Websites such as Carfax or Histovec can provide this information.
4. Take a close look at the car: Check the condition of the bodywork, tyres, headlights and windows. Inside, check the seats, carpets and electronic equipment.
5. Take a test drive: Don't just look at the car, take it for a test drive. A test drive will allow you to assess the handling, driving comfort and any suspicious noises.
6. Negotiate the price: Don't accept the asking price as a given. Use the information you gathered during your research to negotiate a fair price. Be prepared to walk away if the seller is unwilling to negotiate.
7. Check the documents: Make sure that all documents are in order, including the vehicle registration certificate, liability waiver and service history. This will help you avoid administrative problems later on.
8. Ask an expert: If you are unsure about the mechanical condition of the car, have it checked by a mechanic you trust. This will help you avoid expensive surprises after the purchase.
9. Check the warranty: Some used cars are still covered by the manufacturer's warranty. Check whether this is the case and what the terms and conditions of this warranty are.
10. Take your time: Don't rush into anything. Take the time to compare several cars and think over your decision. A hasty purchase can lead to regret.

10 tips for selling a used car

1. Prepare your car: Before you put your car up for sale, make sure it is clean and in good condition. A well-maintained and clean vehicle attracts more buyers and can be sold at a better price.
2. Set a realistic price: Research the prices of similar vehicles. Set a competitive price that takes into account the condition, mileage and features of your vehicle.
3. Gather the necessary documents: Make sure you have all the documents required for the sale, including the vehicle registration document, liability waiver, service history and repair invoices.
4. Write a detailed advertisement: A well-written advertisement with high-quality photos will attract more buyers. Include the most important features, the general condition, the mileage and the equipment of your car.
5. Be honest: Do not conceal any defects. Honesty strengthens buyer confidence and avoids conflicts after the sale.
6. Respond quickly to enquiries: Respond promptly to calls and messages from potential buyers. A quick response shows that you are serious and trustworthy.
7. Arrange appointments for visits: Schedule appointments so that buyers can see the car and take it for a test drive. Choose public and safe locations for the meetings.
8. Negotiate flexibly: Be prepared to negotiate the price but set a limit that you will not go below. Flexibility can make the sale easier, but do not sell your car below its value.
9. Draw up a sales contract: To formalise the sale, draw up a sales contract that includes the vehicle details, the sale price and the contact details of both parties. This protects both the seller and the buyer.
10. Complete the formalities: After the sale, complete the necessary formalities to transfer the registration to the new owner. Don't forget to inform your insurance company about the sale.

If you follow these tips, you can buy or sell a used car safely and with confidence. To avoid unpleasant surprises, take enough time to prepare.