How to buy used cars
02 November 2021 |
One of the ways is the auction houses, platforms that agglome different vehicles in large quantities. Cars are evaluated by the auctioneer, so that buyers know the conditions of the vehicle. The variety of cars available will be an advantage, while the disadvantage will be the price inflation that occurs when certain vehicles are in high demand.
This variety can help you find available cars, according to the criteria of each company. In the case of the MCotinho group, the vehicles to be acquired will have to meet certain criteria, such as: “having less than 100,000 km, second key and a history of revisions” explained Carlos Faria. In this way, out of 200 cars at auction, the number of vehicles that meet the standards of this company, “could be reduced to 30”, for example.
Car rental companies are another possible option for those who want to buy used cars, especially for buyers who want volume: in a rent-a-car you can buy, wholesale, a large number of vehicles: 30 to 50 of the same brand and model, for example. This type of business is of interest to buyers with a financial dimension, but may be unsuitable for small traders dealing with smaller volumes.
Another solution will be to negotiate directly with car brands, where there are fewer competitors (buyers) than auction houses. Brands generally sell service cars they no longer need, or vehicles under a "Buy Back" agreement (a new vehicle sale agreement, in which the brand agrees to buy the vehicle after 1 or 2 years).
Once again, the advantage will be volume: whoever wants to buy a large quantity of vehicles of the same brand will find a solution here.
Another advantage will be the specialization of the brand's workshops, which are able to carry out a quality review of the respective vehicles.
Continuing the search for vehicles on several fronts, there is also the possibility of importation, either at auction houses or at dealerships. Competing in a larger market, there is more variety of cars, but also more interested buyers.
