The phrase ‘new for you’ can help you get the most out of your money when buying a car.

Used cars have a lot of benefits and you can often get a lot more, for a lot less. We’ve outlined 7 steps to second-hand success to help you choose the right used car for your lifestyle.

1. Identify your needs

Do you drive around the city? Do you transport kids to school? Do you carry tools to work? If you narrow down what you use your car for, you’re more likely to find the right car to suit your lifestyle.

2. Decide your budget

Know how much you’re willing to pay and look for cars at that price. Having a clear budget in your mind will help you to buy the right car without spending too much.

3. Research

There’s so many fantastic online tools that give facts and stats on different types of cars. By reading reviews you can find the type of car that suits you best. If you need any extra help – we’ve got car reviews, and a car comparison guide to help you out.

4. Inspect and test drive

Photos are great, but nothing beats inspecting and test driving a car in person. Play with all the knobs and buttons, wind down the windows and test the air conditioning –it’s important in Queensland! Get a feel for the car and put it through its paces.

Woman getting keys for car

5. Compare

Back to researching – look at how much the same type of car has sold for recently. By looking at past sales you’ll have a clear idea what you want to offer and feel comfortable you’re paying a fair price.

6. Negotiate

This is often the most uncomfortable part of the buying process. No need to worry though, there is often a little leeway in the asking price. With all the research you’ve done, and the budget you have in your mind, feel confident and suggest a reasonable figure under the asking price and see how it’s received. 

7. Drive away

The fun part! All your hard work has paid off and that’s it – the car is all yours! 

After a car loan for your set of wheels? Check out all the ways we can help you today.

We’ve got advice on budgeting so you can pay what’s due easier and with less stress. Try out our budget planner or speak to one of our consultants who can help you with an individual plan. We’re available 24/7 over the phone.

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Need some help buying, maintaining or selling a car? Trust the motoring experts. Check out our cars and driving section for everything you need to know.

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The information in this article has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in the document is general advice and does not take into account any person’s particular investment objectives, financial situation or needs. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives, financial situations and needs. You should obtain and consider the Product Disclosure Statement or terms and conditions relating to the products mentioned, before deciding whether to acquire any products.

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