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In Singapore, car buyers have the option of purchasing a used car from second-hand dealers or through direct owners. To avoid buyer's remorse, remember to ask these six questions!
If you are planning to buy a used car, you would have probably asked yourself this question: "Should I purchase my car from a second-hand dealer or direct owner?" Regardless of who you choose, these six essential questions should be asked before making a purchase. Not only will they save you from buyer’s remorse, but will also help you make a more informed purchase.
1) Why did the owner sell this car?
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Vehicle owners in Singapore have various reasons for selling their car. In most cases, they either have plans to upgrade their vehicle or they no longer have use for it. However, there have been instances of owners selling their vehicle due to faulty parts. The main reason is to get rid of of the car before it worsens.
Asking this question to second-hand dealers or direct owners may not get you an honest response, but it definitely puts the seller on the spot. Based on their response, you can roughly gauge the performance and value of the car.
2) How many previous owners did this car have?
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Does the used car you’re planning to buy have a long list of previous owners? If yes, it could indicate problems with the vehicle. This is especially the case if the car has a relatively low mileage. Be wary and ask the seller why the car has changed ownership so many times. If the answer doesn't satisfy you, either walk away or investigate the reasons why it has changed owners so frequently.
3) Can I see the car’s maintenance history?
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A car’s maintenance history will show whether it has been well taken care of. If maintenance has been deferred or ignored, it could lead to problems which will pass on to you should you take up ownership. Some second-hand dealers or direct owners might claim that the car is in perfect condition, but it’s best to check its history for yourself just to make sure.
4) Is this a COE or PARF car?
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Asking this question will help you determine a car’s value when you eventually decide to sell or scrap it. For those unaware, a PARF car is less than 10 years old and you’ll be able to recover 50% of the car’s PARF value when you choose to deregister it.
As for a COE car, this vehicle has passed its 10-year mark and is no longer eligible for any PARF rebates. Owners will only be able to recover the unused portion of their COE when they choose to deregister it.
COE cars, although cheaper than PARF cars, also tend to require more maintenance work and have higher road tax than their PARF counterparts.
5) Can I take it for a test drive?
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Test driving a used car is a good way to judge its road worthiness. If the second-hand dealer or direct owner refuses to let you do so, there could be a problem which they don't want you to find out. If a test drive is allowed, make sure you pay attention to every small detail. This includes braking, steering, acceleration, as well as the sound of the car's engine.
6) Can I take the car to my mechanic?
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Getting a used car checked by a trusted mechanic should be a common practice when buying a used car. If a second-hand dealer or direct owners refuses to let you get the car checked, you should reconsider your option. Besides determining the road worthiness of your vehicle, a dependable mechanic could even help you identify future problems that a used car might encounter.
What others questions should you be asking before buying a used car? Let us know in the comments below.
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