Even though most Aussies associate car purchasing with dealerships, choosing a private sellers might be a smart decision. It can certainly aid you to save thousands of dollars.
But what should you know before buying a vehicle from a private seller?
You should always do some thorough research and only choose the most trustworthy vendors. Also, don’t forget to check the truck carefully to make sure it’s in good condition.
- Based on research, the Australian market experienced a steady growth in car sales, as it increased by 3.8 percent (in 2015).
- 2.8 percent of the total number of sales represented heavy commercial vehicles, and 17.2 percent were light commercial vehicles.
- According to a study, the Australian used market sector is anticipated to grow by 5.2 percent per annum.
Acknowledge the Importance of Research
If you’ve made your mind and you wish to purchase your truck from a private vendor, the first thing to keep in mind is to do some research. Buying a used truck (see our guide on buying used or new truck) on a whim is far from being the best choice since this isn’t the place to make spontaneous decisions. Start with establishing a budget. The primary reason you’re considering this option is that you want to save money, right? Afterwards, you can start searching for convenient truck financing options, and then move on to looking for a truck that fulfils your specifications.
Make Sure the Truck Is Safe
In spite of the preference for buying second-hand cars from private sellers, safety remains a top concern. In this direction, you should evaluate the safety ratings linked to particular car producers before making a decision. You can do that here.
When you’re looking for truck ads, don’t take this process lightly. Be mindful of the quality and the length of the truck’s description. Keep an eye out for relevant information regarding the model, make, year of production, mileage, length of ownership, and so on.
The seller should also mention if the truck has had other owners. What is more, the description should also summarise the history of the truck, if it was involved in any accidents and other details. In the ideal scenario, the seller should indicate if certain repairs are needed, and other imperfections.
Contact the Seller
After you have encountered a detailed description that matches your specifications, you should proceed with contacting the seller. If the information in the ad isn’t complete, make sure you ask the right questions. And finally, you should arrange a meeting.
Carefully Examine the Vehicle
Before asking for a test drive, it is crucial to take a moment to evaluate the condition of the vehicle. Pay attention to rust, tire tread, internal electronics, pedal wear, taillights and headlights, wipers, locks, reverse gear, air conditioning, and so on – you get the picture.
So, when you’re considering buying from a private seller, make sure you do your research, scrutinise the ad, check the vehicle’s safety rating, and attentively evaluate the truck.