In the UK, we’re undoubtedly a nation of used car devotees.
Despite the influx of new cars to hit dealership forecourts each year, used car sales account for £42 billion of the country’s annual car-spend — a truly staggering figure given that the average used car costs just £8,500.
But what is it that we love about second-hand motors? For 60% of motorists, price is the main reason to opt for an old car over a new model. Then of course, there’s depreciation to consider — with most new cars losing 40% of their value in the first year alone. Pair these two factors together, and it’s easy to see why some motorists see used cars as the most cost-effective option when upgrading their wheels.
That said, buying a used car can be a tricky, time-consuming and stressful task — with millions of cars to choose from and thousands of dealers out to woo you with their salesmanship.
To take the hassle out of finding a reliable used car, motoring experts, Holts, have put together a helpful guide on how to buy a second-hand car without getting ripped off.
