Buying a car is a big expense for everyone. Anyone who can spend millions of forints on a car, but who can buy a cheap car, can be financially burdensome.
Car buying therefore needs special attention. There are many things to keep in mind if you don’t want to be fooled and don’t have to spend a lot of money on repairs later because we chose the wrong used car.
Choosing the perfect car
Most people search for a used car in Internet ads. You have to be careful with these ads, because in many places they write false information . This is how they try to get rid of the faulty vehicle as soon as possible.
Don’t just make an emotional decision based on your taste, especially if you have a tight budget and no choice. Many people buy a car by their liking or brand name and do not look at the quality of the car.
When you buy your first car, we usually choose the cheapest category and look at the cheapest of the model. They are also shown to be virtually flawless, although they usually have a kilometer rewinded , and it is not excluded that they have been previously injured .
If you do not want to be fooled, it is advisable to check the car’s information on the Internet . In Hungary, every kilometer-meter has been compulsory for every technical examination and after sale since 2013.
There is a phone app called Autoscope that can help you get all the information you need for a vehicle for a couple of hundred forints. All you have to do is enter the license plate number of your car. The application can also query the odometer and previous recorded values. The Autoscope also reports the year, type, factory paint of the car, and even lets you see if the vehicle is circulating.
Before you buy, think about how you are financing your car. Do you buy from saved money or credit?
Some people buy a car on credit so that they do not pay the purchase price all at once, but in smaller installments. Before you take out a loan, make sure that your finances are in order and that you will be able to pay the installments without any problems.
If your car is going to cost you a lot in the first few months, will you be able to cover it? Make sure the vehicle is not a burden to you, but a help.
Inspect the car
Always check the car thoroughly before buying. It is best to take someone who knows the cars with you, as they can check your condition on the spot.
Alternatively, you can take the car to a mechanic. Therefore, although you have to pay (approximately 20-30 thousand HUF), this amount is negligible compared to the purchase price of the car. It is not worth saving, as you can easily buy a defective car, which will have to spend a fortune in the future. Not only can a mechanic assess your current condition, but you can even tell you how much you need to spend after buying to get it in good condition.
If you look at the car and want to buy it, the seller will include in the contract that the car was inspected and tested by an expert before buying. If the fitter or buyer has not noticed any faults, the seller can no longer be held accountable.
The contract of sale
Once you get the right car and agree with the seller on the purchase price, all you have to do is fill out the sales contract . The contract is written at the same time as the money transfer.
You can also make a deposit for the car until the contract is completed. The deposit is usually 10% of the total amount. It is not worth paying more for the seller in advance, even if you are buying the car for cash. If it is a more expensive car, it can be less.
The deposit serves as security for both parties. If the buyer fails to conclude the contract at a later date, the deposit will not be refunded;
It is worth making 4 copies of the contract, of which 2 are kept by the seller and 2 by the buyer. Make sure all details are correct before signing the contract.
Once you have written the contract, you can come to insurance. It is recommended that you do this the same day, otherwise the insurer will charge a penalty, an unsecured fee which will increase day by day.
The good news is that this process can be done in minutes, even online.
After insurance, the authenticity test follows.
The price is usually paid jointly by the seller and the buyer, and can be done before you buy to save time. After the exam, you will receive a certificate that you will need in the future.
The final stop will be the steering window. You will need to bring all the documents you need for transcription. It is important that the transcription should be done within 15 days of receipt. The process itself takes only 10-15 minutes.
There is a fee that you have to pay. This includes the cost of the new registration certificate. The amount of the fee depends on the age and performance of the vehicle. A new pedigree will be issued after the vehicle is transcribed.
The traffic will then be received locally, but the pedigree will be mailed for 1-2 weeks.
The former owner of the car must also declare that the car has been sold and has a new owner. Filing can also be done online.
Finding the right car is not an easy task, so you should spend as much time buying a car as possible. It is not advisable to make a hasty, blind decision. Be sure to check the car before you buy to make sure it is in good condition as well as the seller’s credibility.