If you were thinking of grabbing a bargain deal on a new-to-you car for 2021, you might as well give up that idea right now. One thing you will soon discover is how the price of used vehicles has soared through the roof.
Is it because some makes and models have appreciated in value recently? In short, the answer is no. The reason why some people think used cars have become more desirable isn’t because of renewed interest in specific marques.
The cause for the spike in used car prices is due to consumer demand. More people are buying used vehicles than ever before because they cannot purchase or lease brand new examples due to COVID-19.
You may have read about a semi-conductor shortage that has affected global vehicle production (and consumer electronics). Carmakers can’t build new vehicles quickly enough because there aren’t enough semi-conductors to make electronic components.
For that reason, buyers of brand new vehicles are looking at used alternatives to fulfil their motoring needs. If you can’t afford a brand new car, and the higher prices of used models are out of your budget, there are some other options available to you:
Personalise Your Car
You probably wanted to get a new car because you fancy a change and don’t seem to get much enjoyment out of your current ride. With used car prices at an all-time high and new vehicles almost impossible to get, it makes sense to stick with what you’ve got for now.
But that doesn’t mean you have to feel sad about your car whenever you get behind the wheel. That’s because you can take some actionable steps to personalise your motor and make it more to your liking.
For example, you could look at cheap private plates online and get a personalised number plate that reflects your name, initials, or even your favourite football team. It’s one of the easiest changes you can make to any car and one that will instantly make it more unique.
Another thing you could look at doing is upgrading the specification of your vehicle. Instead of buying a car with the features you want, why not add them to your existing vehicle? Some changes you could make include:
- Upgrading the wheels and suspension for better styling;
- Improving the audio system with a new head unit and speaker setup;
- Getting your seats retrimmed if they have become worn or are not to your style.
Were you planning to get a replacement car because yours has seen better days? Despite what some people might tell you, it’s possible to repair virtually anything on a vehicle, whether damage got caused to the car’s mechanical components or bodywork.
You might baulk at the thought of paying a garage lots of money to repair any faulty parts of your pride and joy. But, it’s possible to reduce those costs by doing some of the work yourself or using an independent mechanic.
If you’re a keen DIYer, it’s possible to conduct some repairs yourself with the right tools and instructions at your disposal. What’s more, you can check out YouTube videos from creators like ChrisFix to tackle all kinds of vehicle problems.
Once you’ve had all the work done to repair your vehicle to a high standard, you may find that it feels like a brand new car to you and decide not to trade it in for a long time.
Does your vehicle look like a shadow of its former self? Are you fed up with driving around in a car that looks like it just completed a Tough Mudder challenger? If the answer to both questions is yes, consider devoting a day or two to giving your vehicle a deep clean.
No, that doesn’t mean a quick trip down the jetwash at your nearest petrol station. Nor does it mean you should pay a few quid for a mediocre wash and dry at a local drive-through car wash.
Instead, you should look at buying a good quality pressure washer, snow foam attachment, and various car cleaning sprays, chemicals, and accessories. Investing in a modest car cleaning kit and using it on your vehicle will transform it into something amazing.
Your car will end up looking shiny, have bodywork that feels as smooth as silk, and an interior that’s better than any “new car smell.”
Finding that you can’t upgrade to a newer or better-spec car isn’t any fun. But, that doesn’t mean you can’t find practical and creative ways to improve your current ride, as the tips and tricks above have illustrated.