Buying second-hand cars can lead to significant financial savings if you take the right approach, such as lower purchase prices, reduced depreciation, cheaper insurance and registration fees. Keeping in mind, opting for a used vehicle comes with its own set of limited guarantees. Here’s a complete guide to help you navigate these challenges effectively.
Set a Practical Budget:
Our Eziway experts are here to assist you in developing a personalised budget that caters to your specific needs. This budget can help you organise pricing, taxes, registration, insurance, fuel, and repairs.
Research Make and Models:
Conduct thorough research to investigate various reliability ratings and common issues. Look for a vehicle with a proven track record, ensuring it meets all your criteria. Should you choose to lease with Eziway, whether you have one in mind or want us to find one for you, our experts are here to help. We do the legwork. Keep in mind that the age of the car cannot exceed 12 years of age at the end of the lease.
Examine the Car:
When you are inspecting a used car, it's essential to examine it in person before buying, as there may be hidden issues that could surprise you.
Purchase from Trusted Sources:
When weighing your options between dealerships and private sellers, dealerships can be considered a safer choice. They provide warranties and can save you GST on the purchase price. On the other hand, private sellers can be more negotiable and potentially cheaper, but they may take greater risks due to less consumer protection.
Verify for Recalls & Get a Vehicle History Report:
Before making a purchase, verify with the seller whether the vehicle has experienced any recalls. This will help ensure the car is safe to drive and prevent any unforeseen repair expenses. Also, obtain a vehicle history report similar to the car history report. You can find that here
Negotiate with Confidence:
When engaging in negotiations, utilise up-to-date valuation data such as RedBook to establish a reasonable price. If you choose to purchase through a dealership, you can contact your Eziway expert to negotiate on your behalf.
When you have found your car and done the suggested research, Eziway is here to guide you through navigating a Novated Lease with Eziway. Here are the simple steps to get you started:
Want to learn more about how Novated Leasing works?
Call us at: 1800 923 394
Enquire through our website.
Email us at: [email protected]
Or Enquire through our Eziway app.
Disclaimers:
The information contained on electronic and printed collateral is for information purposes only. Whenever you are making decisions that affect your income and financial affairs, you should consider seeking independent financial advice. | E. & O. E | Copyright 2025 Eziway Salary Packaging.