If you are on a quest to buy a used car or another type of vehicle, then you already know how critical it is to check its interior and exterior and to give it that much-needed test drive. When you are test-driving a vehicle, you also need to know how it feels, but other than this, you need to check how well it performs with regards to braking, acceleration and deceleration, sudden stops, and curves, and how well its features perform as well – you don’t want to find out in the middle of summer that its air conditioning doesn’t work, or find out that its sound system is less than stellar when you have already paid for it, do you? But apart from all these aspects, there are other ways to check a used vehicle as well. Not many people may be aware of these aspects, but they can make a big difference too. So, what are these little-known aspects you should consider before you buy a used vehicle? Let’s find out.
- The car’s repair history
You may be thinking about having the car checked by an independent mechanic, and this is all well and good. The mechanic can make sure that the car or vehicle is in proper working condition, and although this may cost some money, it’s well worth the amount you spend (think a hundred dollars or so, which isn’t bad if you consider the amount you’ll save on repairs later on). But another thing you should check is the car’s repair history. You can order this online, but you first need the car’s plate number as well as Vehicle Identification Number (VIN). If you order the repair history report and find that it has gone through some regular repairs and maintenance, this could indicate that the vehicle has been well-maintained. If, on the other hand, it has gone through loads of repairs, especially for the same malfunction, then this could mean a serious issue.
- The relationship between the car’s mileage and age
Ask yourself this: what would matter more to you, the vehicle’s age, or its mileage? Not many people agree on the answer to this question, and there really is no right or wrong answer to this, but there’s something you should know as well. When it comes to age, a car will depreciate in value by about 60% within its first five years, as reputable car dealerships in Utah like Young Automotive will confirm. Afterwards, it will depreciate at a much slower rate. A car’s depreciation because of mileage can be relative since the age of the vehicle and its mileage will often go hand in hand. While age is definitely a factor, the mileage will really depend on the car’s age – more than any other factor. Generally, a standard vehicle will have been driven between 10,000 to 15,000 miles a year, so you may want to consider 12,000 miles as a conventional measure.
By having this as a guide, you will know how essential the mileage is to a car’s value. To give you a better idea: if a vehicle is around five years old and it has 60,000 miles, you can base its overall value on its age since the number of miles it has been driven is consistent with a car that is already five years of age. Alternatively, if a vehicle is five years and already has 80,000 miles, you can consider this mileage to be excessive, resulting in a lower value for the vehicle. If a vehicle is five years old and it has 40,000 miles, then this means a higher value for the vehicle.
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