Thinking about buying a used van? The used market can be a great way to save money, but you will also hear of many horror stories of people getting scammed and/or purchasing unsafe or even illegal used vans accidentally. So, what are a few common red flags to look out for when navigating the used van market?
When it comes to buying a used van (or any other type of vehicle), if the price seems too good to be true then it probably is. Setting a low price is one of the most common red flags and a sign that the seller is desperate to get rid of the van and/or trying to trick someone into thinking they are getting a good deal. This is why it is a good idea to research and establish what the average price of the van is before making a decision.
History of Repairs
When looking through the paperwork (always an important process), you should be wary of any van that has a long list of repairs. Obviously, some repairs are inevitable, but if there seems to be a lot of issues that have arisen or one persistent issue then it suggests that the owner is trying to cut their losses.
Following on from this, you also want to make sure that there are no V5C discrepancies. The details in the car’s logbook should always match those of the vehicle otherwise this could indicate a range of very serious legal issues. If the details do not match or the seller does not have the V5C, you should walk away from the deal.
Pre-Purchase Inspection Denied
You should never purchase a vehicle of any kind without inspecting it first. If the seller denies the opportunity to inspect the van, this is a clear red flag and you should walk away. This could indicate some kind of money-stealing scam or a van that is in poor condition. Generally, you should buy a van or minibus from a trusted seller to avoid these scams and for greater consumer protection.
These are a few of the main red flags to look out for when purchasing a used van. The used van market can be a great way to find a high-quality van for low prices, but it can also be a difficult market to navigate and you will hear many stories of people and professionals being scammed in the used van market.