You may have finally decided to buy a car for yourself to save time and to travel fast to meet clients. If you can’t afford to buy a new car, there are fortunately options available like a used one. They do make an excellent investment if you plan the purchase carefully and are equipped with correct information. Otherwise, you may only end up paying more as fines and other charges for mistakes committed by the earlier owner. One such aspect is vehicle tax that should be cleared up to date. Remember, once the used vehicle is sold, it is the new owner who has to take responsibility for the charges incurred with the vehicle.
Risks to understand
Buying a used vehicle is indeed a great choice as it allows you to own one without having to spend a fortune. You may even swap with another to enjoy driving different cars during your lifetime. But then, used cars do come with certain risks and responsibilities, something you are to be aware of before making the final purchase.
15 things to consider
- Identify if the vehicle is written off by the leading insurance companies
- Before buying the vehicle, check thoroughly if there is a recorded finance agreement present or not.
- Check out the entire description of the vehicle. It includes the model, make, first registration date, color, engine number and size, number of gears, transmission, manufacturing year, body style, etc.
- Also, check out if the vehicle is recorded as of the current owner’s or a stolen one. If it is the latter, then you are likely to be in trouble even after paying money for it.
- Check out if the vehicle has had any color change in the past or not.
- Find out if the vehicle is third-party monitored and if there is any risk of theft or fraud.
- Find out if the vehicle has been imported from outside of the European Union (EU) and used.
- To find out if it has had any changes in its registration plate.
- Check thoroughly for vehicle tax cost for 12 months along with excise duty band.
- Find out if DVLA has recorded the vehicle as Scraped.
- If the car has been exported to any country or not.
- Check out for CO2 emissions. If it is in excess, then it will only invite hefty fines.
- Get to know the vehicle’s mileage information.
- Avail information on how many keepers did the vehicle have before the current keeper.
- Also, get to view the VIN confirmation before making the purchase.
Therefore, the above are a few of the essential points that you should keep in mind when purchasing a used vehicle. If you miss out even on a single point, then you may only face unwanted hassles and troubles later on. This is something that you may not be interested in and would like to avoid. Do remember to get the vehicle tax checked and ensure it is up to date.