what other costs i need to consider when buying an used car ?

Question

i mean things i need to pay upfront like insurance ...

and how does the whole process look like from first meeting with a used car dealer ?

Answer 1

Well, if you are making a down payment, you will need to pay
Insurance
Downpayment
Licensing

If you don't have a down payment, you only need to worry about
Insurance
Licensing

Answer 2

If your buying from a dealer most will have the car ready to drive out the lot there and then, some may ask time to prepare the car for instance if you want a new MOT (this will depend on the price your paying).

Road tax is about £96 for 6 months.
Insurance is extortionate for new drivers.
AA or similar membership is a good idea especially as it will likely be an older car.

If there is service history with the car check the cam belt change, if its not been done in the last 40k miles you need to get that done. As if that fails your engines buggered. An oil/filter/plugs change isnt a bad idea on an old car too.

Bear in mind though, most dealers wont sell cars under £2k unless its clearance stock in which case your eyes your merchant. So as someone else says take someone who knows what their talking about with you. ps Dont take someone who THINKS he knows what hes talking about. The dealer will make a fool of him and be less likely to haggle.

Good luck with your search.

Answer 3

when buying a used motor always look and read the description. make sure it has atleast 4mths mot or you could end with paying out alot. would need atleat 1mth tax as you cant tax a car without insurance cover note, which will take a few days to come through post.

When looking at the car it would be best to take someone with you who know a little about cars. always look at the engine, under the car, look at the exhause for rust. look for dents. always check all the doors open and close properly. If the car has elec windows, try them out to make sure they work.

ask questions. its always best if the car comes with a service history, if not dont worry. ask him about any poss accidents, if its ever been stolen, if there are any faults.

always test run the car, drive it yourself

then make a bid, never go to his price. haggle a bit.

then you have a car.

you have to take in concideration that insurance prices change depends on car, you need a deposit up front to get it insured.
tax is £96.00 for 6months. mot is usually about£40.00 depending if it needs work doing to it-could be more

Answer 4

You have received some good answers already. Keep in mind that there is a more than 50% chance of a used car breaking down. Make sure you have money for spares and enough to pay the mechanic. When buying a used car find a friend or relative who has good knowledge of cars so that they may be able to spot a dodgy deal. Good advice will save you some money. Its pointless to have money to buy, insure and licence your car and then fail to use it because you have no money to fix it after a breakdown.

Answer 5

Insurance, road tax, and petrol. The car dealer will try his hardest to separate You and Your money. Know what You want before getting a salespersons attention, otherwise they will try to sell You a car that they can't get rid of.

Answer 6

You need to consider the following:
Price
Insurance
Tax Catergory
Is it MOT'd, If not what will that cost?
The cost of any repairs during the year.
Breakdown recovery cost

If you don't know anything about cars get someone who does to go with you. They will know what to look for in any car and let you know if it is worth it.

Answer 7

I would recommend before you hand any money over to anyone that you get the car you are looking at HPI checked. It checks to see whether there is any outstanding finance owed on the car, whether it is stolen etc. It is well worth doing if you are buying privately.

Answer 8

insurance (can you get the car home?)
mot
tax
Fuel
then what ever payments for the car its self