Tips for buying a used car in Phuket
For a long time, buying a used car in Phuket was not the most feasible of transportation solutions. However, in the past few years, laws and industrial changes have begun to make it a new and popular option. For a long time, cars did not evenly depreciate in value, due to their scarcity. Up until a few years ago, many models were retaining around 80% of their value and cost, even after being owned and used for up to five years or more, making it not worth the difference to buy used vehicles.
What has changed?
Back in 2011, the government ran a program that was designed to give first time car buyers a tax break when that purchased a new car, although the program has long since been discontinued, its affect on the used car market is undeniable. The policy was estimated to open up the ability for up to 500,000 new cars to have been purchased. The goal was part of a program to help raise the country's standard of living. It was also a way to help stimulate the automotive industry within the country. The influx of vehicles to the market reduced the scarcity factor, making the ability to find incredible deals on used vehicles possible today.
Where to do to find the best deals on second hand or used cars in Phuket
There are a few main areas to look in Phuket for purchasing a vehicle. Most transactions are made directly from the previous owner to the new owner through newspaper ads, online ads, or they are done at the tents along with dealers. Car tents are located all over the island, especially along the main highway between the airport and hub of Phuket Town. These tents are set up by dealers and owners looking to sell their used vehicle. The big difference between going to the tents and working with the dealers is the pricing. Most individuals sell for less than the dealerships. However, dealerships offer warranties and financing, which can be a stronger influencing factor to many buyers.
Things to keep in mind when buying a used car in Phuket:
As a rule of thumb, when it comes to buying a used car in any part of the world, always be cautious. Be sure you know what to look for in a car and that is has no obvious issues that would leave you stranded, or looking for another ride not long after taking it home. It only takes a few minutes to check over a used car, even just an outside glance can be quick if you know what to look for. The general body and underside should be clearly visible and free of obvious issues. Check around the wheels to be sure there are no signs of damage to the hub, or for dents around the corners as signs of previous accidents. Carefully examining the paint job for signs of coverup and touch ups is important as well. The feel of a rust spot painted over can have a rough texture, even if it looks normal. An examination of the trunk, especially by lifting up any backing can help reveal any issues with the back frame and also be a place where rust is often hidden.
