It’s no secret that owning a vehicle in Singapore is a costly endeavour. However, there are also alternatives, such as car rental services, some of which can be easily accessed through your phone; and, if you’re looking for something more permanent, used car dealers. Used cars can prove to be great value for money, especially since most already come with COEs of varying lengths. However, navigating used car dealerships can be a little tricky, and there are probably more factors to consider before making a purchase. If you’re looking to buy a second-hand car in Singapore, here are some tips to help you narrow down the things you should be looking out for.
Decide on a Budget and Payment Scheme
The main point of buying a used car for sale in Singapore is that it is supposed to be more affordable. That should therefore be the main objective when you go used car shopping. Take the time to explore different payment schemes before picking one that works best for you. A general rule of thumb is to refrain from picking a scheme that banks on the assumption that your source of income will still be there in the future. More importantly, set a budget for yourself that you’re comfortable with, and try your best not to exceed that budget.
Weigh Your Wants & Needs
Just like buying a new car for sale in Singapore, dealerships often offer add-ons when you’re shopping for a used car as well, such as various protection plans and warranties that are often overpriced, and inexperienced buyers will be none the wiser. Similarly, you might also be tempted by a fancier looking used car with more features than what you were originally looking for. It’s important to keep in mind the features that you really need in order to set aside the fluff that would otherwise distract you and cause you to exceed your budget. Do you really need that subwoofer, or fancy rims, or a bigger engine? Consider what you’re buying the car for, and stick to the basics.
Test Drive the Car
Typically, you’d want to test drive your car, even if you’re buying a brand new one, let alone a second-hand car in Singapore. Like the name suggests, used cars have mostly seen a lot of mileage and a good amount of wear and tear. There might therefore be damages (that are probably not crippling as used cars are also inspected by in-house mechanics before being put up for sale) that aren’t visible from the get go, so test driving the car allows you to get a feel of the vehicle and put it through its paces to identify hidden defects that you’d want to get the dealership to look at before signing off on the purchase.
When it comes to buying a used car for sale in Singapore, it’s important to look for a dealership that is transparent, professional, and helpful. Here at Think One, we are an all-in-one stop for buying and selling of vehicles, specialising in Right-hand Drive and pre-owned Japanese cars. We also offer flexible and reasonable financing schemes to help you afford your dream car, as well as rigorous vehicle inspection services to ensure that you’ll be driving off with a peace of mind. For more information about our services, please visit our website.