Buying used can be a great way to get an affordable vehicle but consumers need to be cautious and do their homework before they buy.
The Consumer Protection Division of the Financial and Consumer Affairs Authority (FCAA) receives a significant number of complaints about used vehicle purchases every month. Buying a vehicle is a big purchase and it’s important for consumers to take steps to protect their own interests before handing over their money.
If a buyer finds a used vehicle they like, they should research the make and model, look for any recall notices, check the Vehicle Identification Number (VIN) and consider taking it to a trusted mechanic for an inspection. A mechanic may spot problems, damage or defects that could affect the decision to purchase.
Buyers can bring up any of these issues with the seller before finalizing a sale to negotiate for repairs or a lower price. Some dealers will provide a recent in-house inspection report.
If the problems with the vehicle are serious enough, consumers should feel free to pass on it. Used vehicles are typically a buyers’ market. It’s a good idea to sleep on big decisions and resist being pressured into a sale. If a price sounds too good to be true, it probably is.
