The pandemic has indeed taken quite a toll on our lives. Once planned so meticulously and thoroughly, now people are always anxious about what the next day might bring. Every day turns out to be a new challenge during these times.
Many have lost their jobs in the past three months, especially workers in the hospitality, tourism, and food industry.
On top of that, those who haven’t lost their jobs remain scared, and some have even had a big chunk of their salaries slashed. Say goodbye to your bonuses this year, because COVID-19 has escaped with all of it.
Unsplash | Even during these times, you can buy your own car
But, as we said earlier, life goes on! Just because times are difficult, doesn’t mean that you’re not allowed to treat yourself with the goodies that life still has to offer. So, if you’ve been waiting on buying that dream car, now might be the time to go and get it. Granted, it won’t exactly be brand new but, at least you’ll finally have that car you’ve been wanting for a while now.
If you haven’t heard about the secondhand car sales that have been the talk of the automotive industry, you’ve probably been living under a rock. The pandemic has caused many car rental companies to file for bankruptcy, causing these conglomerates to sell out all their rentals. Therefore, secondhand cars are now available at a price below the market rate. Amazing, right? Now might be the perfect time to get up and go get that car!
Unsplash | Many car rentals are selling out their fleet
Here are some tips to help guide you through your purchase.
1. If you don’t have the time or will to leave your house and go looking for a car, why don’t you just search them up online? Keeping the current situation in mind, many businesses have digitalized themselves to cater to their quarantined audience.
2. Decide on the amount you’d like to spend on your car. If you’ve got your eye on a particularly pricey one, or one that doesn’t quite fit your budget, consider applying for a loan.
3. Always inspect the vehicle thoroughly before buying it. You might want to take it out for a test drive, too. Additionally, even after taking all the precautions, it is common to get scammed. Hence, it is suggested that you stick with a dealer who you’re familiar with and will be able to report any problems to.
Unsplash | Make sure you check a used car thoroughly before buying it
4. Find out if the vehicle’s parts are easy to find locally. If you’re planning on holding on to it for the long-term, you’d definitely need to have a thing or two replaced in the future.
5. Make sure to check all the paperwork related to the car before buying it. This will help you get an idea of its history and whether or not the previous owner took proper care of it.