How to invest profitably on a second hand car?

second hand carSecond hand cars are more profitable investments than brand new cars driven right out of the showroom. Value of second hand cars do not depreciate immediately like new cars and this is what makes it more popular. Checking the engine conditions is important. Sparkling clean engine bay does not necessarily mean top condition of the engine. It is better to take a long test drive on different roads and terrains at different speed levels to check the actual condition of the car.

Color of the engine oil and coolant are also good indicators of the car health. Check the speedometer and log book of the car carefully to know how much M.O.T is left on the car. Tax failure on a car can lead you into trouble with the authority to get the car on road and you certainly would not want to pay the tax for the distance someone else drove.

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