A used car can be something of a coup and a good investment. Therefore, it may be preferable to buy a used car rather than a new one, especially if you do not have so much money in the account. If you still need some extra financial support to finance your car purchase, then you can take out a loan for the purchase of a car – even if it is used.
We look at the possibilities of borrowing money online, and then we give you some good tips on the way to when to buy a used car.
Online consumer loan for used car
Although you can save a lot of money on buying a used car rather than a new one, it is still a major investment, and not everybody has the money in the account. If you need a little extra air in the budget, then you actually have the opportunity to borrow money for the purchase of a used car.
And you can actually do that relatively easily and quickly online. It is so that there are a large number of providers offering online consumer loans. If you are over 20 years old, not registered with the RKI or the customer register, and if you have a fixed income, then you have good opportunities to be approved for an online loan for the purchase of a used car.
Here you can borrow up to SEK 400,000, but you can choose the amount yourself to suit you and your needs. If you therefore need to borrow DKK 20,000 , and if you want to repay the amount over 24 months, you simply put together a loan with the terms. It is entirely up to you whether you want to apply for a loan of 20,000, 40,000 or more. Just be aware that the more you apply for it, the more it requires of your personal finances.
Applying for an online loan is completely free and non-committal, and therefore you can always go out and collect offers from a number of different providers. This way, you increase your chances of finding the best and cheapest consumer loan for a used car.
Benefits of Buying Used Cars
It is quite clear that you can save a lot of money by buying a used car instead of a new one. And it does not necessarily mean that you compromise on the car’s condition and quality. It is true that a car quickly loses value when it has to be sold the first time. And it really does, regardless of whether it is well maintained and not very used.
You can therefore go out and find a used car that has not traveled for many kilometers and which has no visible wear, for only a fraction of the original price. If you want to sell the car one day again, then it will not have lost as much value if you have looked after it well. Therefore, choosing a used car is both smart and budget-friendly, and it can prove to be a really good investment.
Things to pay extra attention to
Of course, you run some risks by buying a used car, because you do not have the same guarantees as you buy, as when you buy a new one. However, you can reduce these by being extra aware of some special things. First and foremost, it can be a good idea to buy from an authorized car dealer rather than an individual, as there are usually some more guarantees when shopping with a company. If you want to buy from a private person, it is especially important to inspect the car carefully and write down any errors and omissions that may be.
Look at the number of kilometers the car has driven before you buy. It is not only the exterior that can get scratches and scratches. Engine and other spare parts are also worn over time, and the number of kilometers undoubtedly has a great impact on the amount of wear and tear. Therefore, it is usually advantageous to choose a used car that has not driven so many kilometers.