In recent years, the Australian car market has experienced highs and lows due to economic factors like price increases in the supply chain, high demand for electric vehicles, changes in oil supply and production, and most glaringly, the Covid-19 pandemic. Consequently, the used car market reached epic fluctuations impacted by changing behaviours of consumers. For the ordinary Australian, owning a car meant looking at used cars instead of shopping at car dealer centres. This is understandable for the simple fact that used cars are better for anyoneâs financial situation. Used cars are, for lack of a better term, a cheaper alternative to brand-new vehicles, so itâs no wonder more and more people are into these pre-loved vehicles. Letâs learn more about them, shall we?
Used cars have lower prices towards the end of the year. While itâs hard to exactly pinpoint when the prices will drop, market trends have suggested that the second half of the year towards the end is the best time to purchase second-hand cars. More people choose to sell their vehicles prior to Christmas break, either to purchase a new one with their yearly bonus or to swap their vehicle for a new one right before the New Year rolls in. Regardless of the reason, there are more choices for used cars during the latter part of the year.
Used cars have a maintenance history that you need to double check. Contrary to brand-new cars, which are fresh off the factory floor of the manufacturer, used cars have a maintenance history, and it’s important to ask for the service record from the seller youâre purchasing from. You want to be assured that the car was well-maintained by the previous owner. If youâre purchasing from a private seller instead of a car dealership, you should also negotiate to keep the accessories and upgrades; that way all youâll have to worry about is adding custom car window shades to your ride.
Used cars are highly vulnerable to car theft. Were you under the impression that only brand-new cars get stolen? Get ready to be blown away because used cars are just as vulnerable to car theft as brand-new cars. This is why as soon as you purchase your car, you should upgrade your driveway and garage with high-end security cameras. Itâs a foolproof way of securing your property and your newly-bought vehicle, significantly lowering your risk for car theft.
Used cars should be inspected thoroughly before purchase. Donât be afraid to ask the dealer or seller for a test drive. Youâll never truly be convinced to sign the cheque unless youâre actually behind the wheel. Go ahead and take the car for a spin so you can feel its performance on the road; listen for any weird noises as you drive and check how it accelerates, brakes, steers, and manoeuvres along the highway. If something feels off, donât hesitate to choose a different vehicle. But if it feels like destiny when youâre driving, sign that cheque and hit the roads!
