1. Used Cars: Important Points to Remember

Buying from a private individual compared to a car dealer

Although there may still be mistrust of the used car market among the general public, one should first differentiate between a private sale and a car dealership sale.

As a rule, buying your car from a private individual makes it more likely to get a good bargain. But be careful, especially if you do not have at least a little mechanical know-how.

Of course, it is quite possible to conclude a very good deal with a professional! Due to the numerous checks and overhauls, used cars sold by car dealerships are generally very reliable vehicles. In addition, these vehicles have a guarantee, which in some cases can even be extended!

A used car: Which advantages for which disadvantages?

The purchase argument of a used car usually is its price. In contrast, a new vehicle is relatively expensive and is losing value quickly, especially in the first few months after its purchase. The used car market scores point here, because with the same budget, you can consider buying a higher quality model, and you wouldn’t have to settle for a standard model.

Attention! Again, there may be unpleasant surprises. Even if the purchase price is interesting, it can be based on negative causes (for example, upcoming repairs). We therefore advise you to buy from a car dealership if you do not have the necessary knowledge to objectively evaluate the vehicle.

Summary: Points to consider when buying a used car

Advantages

The price can be negotiated - great savings potential.
Purchase from a professional: In addition to the guarantee that you are buying a used car in perfect condition (sometimes even almost new), you benefit from additional guarantees.
The discount, an important point in terms of the budget. Compared to new cars you can save around 40%.
No annoying waiting, you will get your car quickly.

Disadvantages

Especially when buying from a private individual, you do not know anything about the history of your new vehicle: whether it was damaged by its previous owner, if technical problems occurred, etc. A risk that can be reduced by buying from a car dealer.
The famous hidden defects. Despite the perfect look, you may need a lot of repairs that could cost you a lot. So stay cautious!
Observe the valid standards. A seemingly tempting offer could quickly turn out to be expensive due to taxes, which are usually calculated on the basis of standards based on consumption, safety equipment and CO2 emissions.

Note: Please note that in Luxembourg you always have the possibility to test a vehicle with the ACL (Automobile Club Luxembourg) who will provide you with a detailed report on the condition of the vehicle.

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