In today’s economic climate, more and more used car buyers are looking in local newspapers or on the Internet for their next used car. Selling private cars can save you money, but it also carries certain risks.
Here are some tips to consider before deciding to give away your hard-earned money:
- Arrange an inspection by an independent QLD authorized transport station (these are regulated to ensure that the used vehicle is fit for use). Remember there is no warranty for the sale of used cars in the private sector!
- All advertised used vehicles with current registrations MUST show a safety certificate at checkout. Do not accept sellers telling you that they will do this after you leave a deposit (this is an illegal practice).
- Make sure the seller’s name (on your driver’s license) matches the name on the registration documents to confirm that they are the registered owner (avoid fraud).
- As a seller of a REVS certificate (available on the QLD Transport website) certifying that there is no financial burden on a used vehicle.
Another tip, before paying for a used vehicle, is to contact QLD Transport and pay for the Dismantling Vehicle Report. This is to ensure that the used car is not classified by insurance companies as “Disassembled”. This happens after floods and / or after car accidents, when insurance companies find it cheaper to pay their customers than to repair a damaged car. Insurance companies then auction the damaged cars and sell them knowing they will be repaired and resold, especially later models (new car warranties are generally voided).
Buying a car from an auto broker (one with a car dealer license is recommended) gives you maximum protection. Licensed vehicle brokers are regulated by state law and MUST provide certain warranties that do not apply to private sellers, including warranty and clear title.
How a used car can be fun
The fun part is trying to find that great deal and the perfect vehicle of your choice. This can be a limitation on what is being sold. The best place to pick up a car is through a friend. This way, you have a better chance of knowing how it was previously supported and used. If you’re unlucky, other ways to buy used cars in pasco would be through online resellers, car dealers, or government auctions.