There’s a lot to know and do after you’ve bought a used car. We’ve compiled this handy list to make sure you don’t forget anything important.
When ownership changes hands of a used vehicle, registration needs to be transferred from the seller to the buyer. As the buyer, it’s your responsibility to ensure that registration is transferred according to the law. You’ll need to transfer your details on the registration papers for the vehicle within 14 days of purchase to avoid a late penalty fee.
Pay Stamp Duty
Unfortunately paying for your new car isn’t the only money you’ll have to spend when obtaining a new vehicle. You also need to pay stamp duty. The Office of State Revenue requires stamp duty be paid on market value or the price you paid for it, whichever is higher. You can use this stamp duty calculator from the Office of State Revenue to estimate your costs.
Always, always take out insurance. If you end up hitting anything you could have to pay thousands or more. You’ll need to carefully consider the type of insurance you want. Third party property insurance will cover you for the damage your car might cause, while comprehensive also covers you for accidental damage. Shop around to get the best prices.
Change your motor oil
Now that you’ve filled out all the paperwork for your new car you’ll want to change your motor oil. Change the oil once you get your used car home and then reset your change interval starting from zero. Make sure you change the oil filter as well. Today’s oils last longer, so always check your owner’s manual to see how long you should go before your next change.
Flush your engine coolant
If you’ve just purchased a used vehicle, now is the time to flush your engine coolant. You should flush out your cooling system as soon as you get your car and then every three years after. Look for any suspect hoses while you’re at it and make sure to replace them as needed.
Change all the filters
You’ll also want to change all the filters on your new second-hand vehicle. Most of the filters, including the air, fuel, transmission, oil, water purifier, need to be replaced. If they look like they’re still in good nick, it’s a good idea to just replace them anyway. That way you’ll know how long they’ve been in and you can replace them later as needed.
Change the tyres
It’s pretty likely your used car will need a tyre change at this point. Tyres are incredibly important and should never be overlooked. Ensure your tyres still have a good tread depth and that all four match. If not, you’ll need to get them changed right away.
Get it serviced
Now that you’ve checked and looked over all the basics on your first day of having your new car, it’s a good idea to go and get your car serviced by your local mechanic. They’ll be able to thoroughly look over the car for anything you might have missed.