There are certain risks you take when purchasing a used car, like dealing with issues stemming from previous damages, accidents or excess mileage. Therefore, it becomes extremely important to fully inspect the vehicle before buying it so you know what you’re in for.
Other disadvantages of buying a used car include outdated technology, lower safety features and no manufacturer’s warranty. Before you drive away with your new (used) car, consider the following drawbacks.
While purchasing a used car may seem like the better value, there are many disadvantages to consider before you buy.
Thorough inspection. It’s your responsibility to complete a thorough inspection of the used vehicle before you buy it. There could be hidden issues or damages from prior accidents. It’s always a good idea to have a mechanic take a look at the car before you buy it.
Lack of features. New automotive technology is introduced every year. A used car, even just a few years old, can lack some pretty incredible tech features. Things like lane departure warnings, self-park and automatic braking may not be available in a used car.
Frequent repairs. Depending on the used car you buy, you may need to fork over lots of money in frequent repairs or upkeep. Older cars tend to need more frequent oil changes, among other services.
Previous owners. One of the biggest issues is not knowing who owned the car before you or how they treated it. It could have been someone who was extremely careful and barely used the car, or it could have been owned by a traveling salesman and have extensive wear and tear, which would, in turn, mean higher maintenance costs.
No warranties. Used cars do not usually have remaining miles or years left on the original warranty by the time you’re ready to buy. That means you’d be responsible for all major repairs and replacements.
Before you decide on a car, make sure to ask the owner, since factory warranties typically extend for five years. If the car was bought by the first owner two, three or four years ago, it may still have a warranty.
Compromising your preferences. You may decide to buy a used car to save money, but it might mean sacrificing some of your preferences, like newer features, specific colors or other custom options.
Be sure to weigh the pros and cons before purchasing a vehicle, and make sure you consider every aspect to get the best possible deal you can.