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Tips on Buying a Used Minibus November 13, 2018

Buying a used minivan can be tricky primarily because no two vans are the same. You need to be well acquainted with the basics of a second-hand car buying to ensure you get value for your money. To get you started, here are a few buying tips that will come in handy.

What is Your Budget?

This is where it all starts. Your budgetary allocation will determine the kind of minibus you will end up with. As a general rule, a second-hand van should not cost you more than 20% of your monthly income. Websites such as Edmunds.com have a calculator that can come in handy when buying your vehicle. The calculator not only gives you rough estimates of how much you should spend based on your income but also suggests some cars that can fit your budget.

Build a Target List of Used Vans

To help you create some savings, consider purchasing a used mini that is less popular, but from a reliable manufacturer. Popular van models such as Cherry or Honda can cost you a lot more compared to Chevrolet or Ford. With this in mind, have a target list of at least three different makes that meet your needs and still fall within your budget.

Check Prices and Reviews

To establish whether the minibus you intend to buy fits your budget, visit websites such as True Market Value, Kelly Blue Book, or watch TV motor shows to find out what others have to say about the car. That way you will be in a position to know relevant facts such as the pricing, fuel economy, and other standard features. You may also identify other expenses you are likely to incur once you buy the van.

Find Local Deals in Your Area

A second-hand minivan bought in your area is likely to be cheaper compared to a car purchased far off from where you reside. Search for a local deal on sites such as Craigslist, eBay Motors, AutoTrader or CarGurus.com. Or, look for microbus sales in your area to find an affordable arrangement. Most sites allow you to filter your search using factors such as distance, mileage, features, and price.

Check the Car’s History Report

People sell used minibusses due to varying reasons, and you want to ensure that one of them is not a mechanical fault. If a van’s report is negative, you should not go on with further negotiations. Some companies sell vehicle history reports, but you have to provide the vehicle identification number (VIN) or license plate. Some of the well-known companies that provide vehicle history reports include AutoCheck and Carfax.

The Bottom Line

Finding a minibus that is in line with your budget and needs shouldn’t be much of a problem. You only need to know where to look. Also, don’t forget to check if the dealer is offering to finance. At times, you’re better of getting financing from a dealer instead of your bank. Of course, you have to factor in the interest and repayment period.

Categories: Transport