Second hand car, insurance, budget Second hand cars at an auction, Image: FBO Media/Pexels
For many South Africans, purchasing a second-hand car is a practical and budget-friendly alternative to buying new. But with opportunity comes risk—navigating the pre-owned car market requires a sharp eye and a strategic approach.
According to Siyakha Masiye, spokesperson for MiWay Insurance, making informed decisions is key to avoiding the pitfalls that often come with buying used cars.
South Africa lacks a reliable system for recording vehicle accident history, and with fewer than 30% of vehicles insured, the safety and quality of cars on the market remain a pressing concern.
Some insurers even refuse to cover unsafe vehicles, while others have been accused of facilitating fraudulent sales—making it even harder for unsuspecting buyers to secure a trustworthy ride.
To help consumers steer clear of potential disasters, Masiye shares four crucial steps for buying a second-hand car with confidence.
Never take a seller’s word at face value. Request a full vehicle history report, accident records, service book, and previous owner details before committing.
A seller’s inspection report may not disclose all issues, so an independent assessment is a must.
Services like View4You provide professional evaluations that highlight hidden problems, such as accident damage, mechanical faults, or odometer tampering.
Code 3 vehicles—previously written off and rebuilt—may be legally roadworthy, but they often come with serious safety concerns due to structural damage.
“Buyers should approach Code 3 cars with extreme caution and conduct a thorough assessment before purchase,” warns Masiye.
While they might seem like a bargain, these cars can pose hidden risks that outweigh the savings.
Insurance coverage on second-hand cars isn’t always straightforward. “Before buying, ensure the car qualifies for comprehensive insurance and that there are no hidden liabilities,” advises Masiye.
Vehicles with a history of damage or those classified as Code 3 may come with higher premiums or limited coverage. Always clarify the extent of coverage, potential repair costs, and how the car’s past might impact future claims.
A quick look isn’t enough—get behind the wheel. A test drive is essential to assess engine performance, braking efficiency, steering responsiveness, and overall drivability.
Look out for warning signs like mismatched paint, panel gaps, or uneven tire wear, which could indicate prior accident damage.
Check for oil leaks, rust, and unusual engine noises, and, if possible, have a trusted mechanic conduct a pre-purchase inspection to ensure the car isn’t a financial trap waiting to spring.
“As demand for affordable transport grows, so does the risk of making a costly mistake,” Masiye concludes. “Taking the right precautions can mean the difference between a great deal and a disaster.”
By following these expert tips, buyers can navigate the second-hand car market with confidence, securing a ride that’s as reliable as it is affordable.
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