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Buying A Used Car in Australia PowerPoint Presentation
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Buying A Used Car in Australia

Buying A Used Car in Australia

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Buying A Used Car in Australia

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  2. 1. BUDGET Set yourself a strict budget based on what you can afford. Remember that purchase price is just the start though, as there are ongoing running costs like fuel, maintenance, insurance, plus the interest on any finance used for the purchase to consider.

  3. 2. RESEARCH Once you’ve set your budget, can help you get an idea of what vehicles are available within your price bracket. There are thousands of vehicles for sale to choose from, and there’s a handy value guide to help you know what to pay. Be careful of cars that seem too cheap though. If something appears too good to be true, it probably is.

  4. 3. CONTACT SELLER Make down a list of questions to ask about each car so you don’t forget anything. - How long have they owned the car? - What is their reason for selling it? - Has the vehicle ever been damaged? - What condition is the car in, and is there any issues not shown in the photos? - How detailed is the car’s service history and is it with the car?

  5. 4. ARRANGE INSPECTION If the person selling the car is a private party and not a dealer, insist on inspecting the car at their home address. If the vendor isn’t willing to show you the car at their home address, they could be trying to hide something.

  6. 5. CHECK CAR’S HISTORY No matter how genuine or honest the seller seems, it pays to check that the vehicle you are inspecting is not stolen, encumbered by an outstanding loan, or even a previous insurance write-off. All you need is the car’s VIN and check against the databases in the state in which it’s registered.

  7. 6. CHECKING THE CAR Even if you’re not an expert, having a good look over the car in the flesh is very important before agreeing on any purchase. If the car passes your own inspection, it’s a great idea to have an independent mechanic or workshop conduct a more thorough inspection to make sure you haven’t missed anything.

  8. 7. TEST DRIVE - Before you set off, turn the steering wheel from one lock to the other to check for any play, or any irregular noises - Test the handbrake on a steep hill to make sure it’s correctly adjusted - Listen for any irregular noises from the engine - Drive the car at highway speeds if possible - Check that the transmission shifts up and down through the gears smoothly, and that the clutch on a manual doesn’t slip and actuates smoothly

  9. 8. PRICE NEGOTIATION There is often leeway for bargaining down from the seller’s asking price - Make a list of any faults you discovered during the inspection, and negotiate based on the cost of fixing these problems - If there are no faults, suggest a reasonable figure beneath the asking price. The seller will then either accept, decline, or suggest a price closer to the asking figure. Work through this process until both parties agree.

  10. 9. PAYMENT & PAPERWORK - Make sure all the registration and service history paperwork is in order, and the details match the seller. Also make sure you have original versions of everything - never photocopies. - If you’re making a payment or even just a deposit, get a receipt and make sure the seller’s full details are on it. Most, if not all state registration papers will include a receipt for this purpose.