Pre-prevention when buying a used car
Howzit! I am Hanru Reyneke, CEO and founder of Car Inspection.
In today’s video we’re going to talk about pre-prevention prevents poor performance when buying a used car.
Buying a used car can be like trekking through a jungle. You have to navigate lots of obstacles. Lots of things through this whole journey to find the right car that’s going to suit your needs. Today we’re going to navigate through this journey and give you some tips and tricks to use to help you to make it easier.
To empower you, to give you know the knowledge that you need so you don’t get caught out in any of the various processes.
To start off, to buy a used car is not the same as buying a TV or going and getting a cell phone contract. You can’t walk into a store, spend some time there with a salesperson, look at a couple of TV’s and then choose one and 20 minutes later you walk out, you’ve got your new HD 4k TV and there you go.
Buying a car has a lot of more steps in the buying process. Buying a used car is, a process, it is a journey and there’s a lot of things that you need to know. Some things are easier, some things are more difficult you know, and in certain places or certain steps you can do it yourself. Certain steps are more difficult. You can involve somebody else do to help you, a third party, an uncle who knows a car’s engine.
There’re different ways to approach the all the steps in this buying journey.
Some people choose to gun it alone to go do everything themselves, other people choose to do some things themselves, and then get an expert or somebody that knows a certain aspect of this buying process or the journey to help them navigate that specific area.
The used car buying journey has certain steps, certain aspects in that journey that everybody must go through.
- It doesn’t matter if you’re buying the car cash or if you finance the vehicle.
- It doesn’t matter if you’re a first-time buyer or a seasoned buyer.
- It doesn’t matter if you’re buying it from a private individual or buying from a dealership or an auction.
There’s things that has to happen when you buy a used car and these elements or processes, or steps have to be taken and you can either see it as a hurdle or you can use some of these steps as a tool to help you to navigate this journey.
To get the best deal you want, as with everything in life, you choose how you want to navigate this journey.
You know you can, as I said you can go the DIY route and do everything yourself. Everything from searching for the car to receiving the car to the final buy. Or you can in certain instances use people as a tool.
To give you an example: Maybe you have a toilet that’s leaking, it can either be a small leak where you have to replace the O-ring and that’s the thing you can do yourself. Or you it might be a bigger thing, it might be a pipe that’s cracked, so for that job you’ll probably have to involve an expert, get a plumber to come and help you to fix the toilet.
At the end of the day, you know your goal is to find a reliable car for a good price that’s going to cost you the least amount of time and effort. Sometimes some of the steps you can do yourself but some of the steps is easy, you can use an expert as a tool to assist you to get to your end result quicker.
This is the point I want to drive home today!
It doesn’t matter if you buy a car for R120 000 for R300 000 or you know even R600 000, you want to find the best way to get the best deal.
Let us take an example of one of the steps in the process:
You looked at a car, you find a car, you’ve signed an offer to purchase, you’ve signed the financing documents and now you want to insure the vehicle. Yes, you can phone around and get insurance or you can get an insurance broker that will get you 10 quotes quickly on that vehicle.
That’s the thought process!
You can either do it yourself, spend time finding those 10 quotes or you can get somebody to do it for you and it might save you some time and maybe you can get a better deal.
Benjamin Franklin has got a beautiful saying: “An investment in knowledge pays the best interest.”
At the end of the day, that’s exactly how this buying journey can be simplified, can be made easy for anybody. If you have the right knowledge and enough of this knowledge, you will definitely save money, you’ll get a better deal, and you’ll get a better car.
To conclude, when you’re very sick you go to the doctor. So, the car buying journey is the same. In certain steps of this journey, sometimes it’s better to involve an expert to help you through this process so you can achieve your goals, you can get the best price, the best quality car for your needs.
If you like this video or the content in this video, or you want to find out more please go to our website www.carinspect.co.za. There you will find videos, there’s are checklists that you can download, there are e-books that you can download. Delve into the website, find as much information as you can, so you can negotiate the best deal for yourself.