How Do I Know Im Paying a Fair Price For a Used Car?6th Dec 2021Share
Am I getting good value for money here, or am I getting ripped off? This is a question so many motorists find themselves asking at some point, and this is especially true for used car buyers. Unless you work in the industry yourself and know the used car market inside out, youre often left second-guessing whether your car is really worth the price you paid for it.
It neednt be that way, though. Buying a used car should be just as straightforward as buying a new one. Thats what we believe here at JJ Premium Cars, and weve made it our mission to tackle buyers concerns head on and in this guide were offering transparency on how we calculate the prices of our used cars.
Having worked in the motor trade for over a quarter of a century, we know exactly what most would-be second-hand car buyers are concerned about. Convenience and customer service are of paramount importance, but its very often value for money which is a top consideration for buyers.
Thats why we implemented daily price checks.
We take the guesswork out of buying second-hand
Just like house prices, used car values change all the time. The turbulent times were going through at the moment in the aftermath of the Covid-19 pandemic mean that prices are fluctuating more than usual, so its even harder to work out whether your prospective used car purchase represents good value for money.
Our team checks the prices of our used cars every day to make sure theyre competitive. We scour online listings from car dealerships, comparing prices with our own to make sure that every single model represents outstanding value for money.
We take into account a wide range of factors, including:
- Service history
- Trim level
- Colour and interior trim
- Optional extras
Bearing all of this in mind, we carefully compare our listings with similar vehicles on the market elsewhere, adjusting prices accordingly to guarantee youre getting maximum bang for your buck.
And thats not all we do to maximise the value of our used cars.
Inspections and warranty
On top of our daily price check policy, we conduct thorough 114-point inspections of all our cars to make sure theyre in great working order. Carried out by experienced mechanics, these inspections ensure that all of our cars meet high standards - we check aspects which wouldnt come up on an MOT, like the infotainment system for example. In essence, we go the extra mile so your car can travel thousands of miles safely - and put a smile on your face while doing so.
We carry out Experian and HPI checks too, proving that the vehicle hasnt been involved in an accident and has no outstanding finance.
For further peace of mind, we include a free three-month Premier warranty with all of our cars. Covering over 8,000 mechanical and electrical components, this warranty is comparable to those provided by manufacturers on brand-new cars. You can extend your cover from 12 to 36 months too, which will also increase your claim limit.
Buying a car with us really is a straightforward and hassle-free process. Browse our used cars in Peterborough today or contact us to book an appointment with a member of our sales team.