Wednesday, October 16, 2019
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Everything You Need to Know Abut Buying a Car in the UK

 
By 18.4.2019         1 Comments         Mail Now Send Mail   Post Comments

After buying a house, your car is probably the biggest investment youíll make. Used car salesmen have a bit of a reputation as well. Although this isnít entirely justified, itís easy to make a bad purchase if youíre not on the ball with the rules and regulations. Hereís everything you need to know about how to manage the car buying process.
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Getting A Good One

If you donít know much about cars, then buying a decent one can be a daunting task. If you have a trusted friend who knows about cars then ask them to come with you. Always have a test drive in the car and trust your own instincts. If it feels wrong, walk away. There will be another car at some point. Auctions might offer a cheap way of getting a car but itís a high-risk option as youíre committing to buy right away without the opportunity for thorough testing. Mechanics and large motoring organisations such as the AA also provide independent checks. These are fairly expensive at around £100, but itís a good way of separating good cars from bad. Finally, pay for checks online to make sure your new car isnít stolen, has outstanding finance or has previously been written off.

Financing The Purchase

Few people pay cash for their car. Most will use some sort of finance. Many large dealers offer finance packages, but you donít have to take these if you donít want to. Ask your bank or shop around for a loan at a more competitive rate. Remember that youíll need the funds cleared in your bank account before the dealer will let you take the car away with you. If you have a car to trade in, this can be used as the deposit on your new car. Some dealers also offer leasing options, which are more like an extended hire agreement where you never actually own the car. The advantage of this type of deal is that you can get a new car every couple of years and the lease fee covers everything from tyres to insurance.

Documents

There are some key pieces of paper which you should expect to get with your new vehicle. This applies whether youíre buying privately or from a dealer. The most important piece of paper is the V5 form, which some people refer to as ďthe log bookĒ. This is the DVLA form which lists the name and address of the legal owner of the car. Check that the V5 you are given shows the right make, model and registration number. Check also the VIN number, also known as a chassis number on the car matches the document. If the buyer canít produce the V5, or the details donít match, then alarm bells should start ringing and you should walk away from the purchase. You should also ask for any manuals and service records which the old owner has. Keep documents in a safe place at home rather than inside the car.

Car Insurance

Itís your job as the carís driver to organise insurance for your new car. Itís not up to the person selling the car to fix the insurance for you. If you drive away in an uninsured car, then you are liable for prosecution even if youíve only just bought it. Never go with the first quote you get for insurance. It always pays to shop around and compare prices from different companies. Prices will vary depending on your age, driving history and where you live. You can easily organise insurance at any time of the day or night online. Thereís no need to carry your car insurance documents around with you. Insurers are all connected to the Police database, so theyíll be able to tell right away whether the vehicle is insured or not. All you need is the insurerís contact details in case you ever need to make a claim.

Car Tax

If youíre buying car tax from a main dealer, they will often offer to throw in six or twelve months as part of the deal. If youíre buying a car privately, you should ask the seller what their plans are if the car is currently taxed. If they wish to claim a refund for the unused portion of the tax they are entitled to do so. You can also check online whether your car is taxed, and pay online too. Donít risk driving untaxed as again this could land you with a fine and points on your licence. The amount of car tax youíll pay will depend on the type of car and the amount of emissions. Owners of electric cars donít pay any car tax at all, but youíll still have to log into the website annually to reclaim the exemption.

MOT

If your car is more than three years old, it will also need an annual MOT Check. This is a legal requirement. The MOT is a government scheme which is all about checking up on the safety and roadworthiness of your car. The MOT covers everything from seatbelts to brakes or indicators. The cost of a MOT test is capped by the government and current rates can be found online. Garages are allowed to charge lower rates if they choose, but canít charge above the legal maximum. If your car passes its MOT, youíll be given a certificate. If it fails, you can either get the garage to put it right, or take it elsewhere for fixing in most cases. Hopefully, if youíve just bought a second hand car and had it checked over by a professional, there shouldnít be any nasty surprises with the MOT.

Optional Extras

Unlike tax, MOT and insurance, things like breakdown cover arenít a legal requirement. But if youíre a new driver or arenít confident with mechanics, then having cover can provide huge peace of mind. If you live in a busy city, make enquiries about residentsí parking if that applies.


TAGS: Buying a Car in the UK,   tips to buy a car,   UK,  


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Posted On : 23.4.2019

Its a very beautiful and luxury cars the price i think is very economical thanks for sharing keep it up.. http://www.gari.pk/used-cars/sell/

 
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