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Sunday, 7 August 2011

Going second-hand


Although the Certificate of Entitlement (COE) situation has improved slightly, new car prices and COEs are still at a high water mark, so going pre-owned is the only way forward for many car buyers. But finding the right car is only just the beginning. There are still many other factors to consider before you sign on the dotted line. Derryn Wong

Private or second-hand?

Buying from a private owner usually means you can save a few grand off the price of a second-hand car, but be aware that you can't go asking for your money back if something goes awry. It's a private transaction, but one that involves a considerable amount of cash, so don't be afraid to ask questions. Plenty of them, if necessary.

Inspect the gadget

If you're hopelessly un-mechanical, you can always arrange to have the car you're interested in inspected at local vehicle inspection centres like Vicom or STA. They will do this for about S$120 a pop. Offer to pay for it and a prospecting seller won't object - unless they have something to hide.

Devil and the details

You can use the Land Transport Authority's (LTA) One Motoring website (www.onemotoring.com.sg) to check out details about your intended buy if you have its registration number - road tax, the cost of a new 10-year COE, the transfer fee, as well as the chassis and engine numbers, original colour, and so on.

The eyes have it

Look for the usual dings, scratches and marks. If the wheels are kerbed, it could indicate a clumsy driver, which is a prelude to crash or body damage. Note the original colour of the car - if it's different, it could mean it's been sprayed to hide something. Take a mirror and peek at the undercarriage and the wheel wells to check for rust in vehicles older than 10 years.

Testing times

Ask for a test drive. Unless it's some super-expensive piece of exotica, the owner shouldn't baulk. Do it in a wide, open space, like an empty car park, and drive as you normally would. Does the engine sound fine? Shift through as many gears as you can and notice if the suspension feels tired, go over speed humps and listen for creaks.

Heave the (car) log

Ask to see a maintenance record. A conscientious owner will keep all his receipts from regular service. Modern automobiles are generally hardy things, but a little bit of TLC goes a long way towards extending their life span even more. And remember: When in doubt, walk away. There's always a better deal to be had.

Ref:Todaynews-car
- Posted using BlogPress from my 4GiPhone

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