A used car that’s had only one previous owner is for many buyers, a very attractive prospect. A used car that’s had only one previous owner and is great value for money will virtually sell itself. So, given such cars are so popular, why is there currently some negativity towards them?
Put simply, it’s all about the identity of the one previous owner. And when the one previous owner is identified as a rental car or leasing company, suddenly the prospect is not so appealing.
Perception or reality?
Truth is, the used car market is full of ex-rental and leasing company cars and they account for a high proportion of the one owner stock being sold by used car dealers. And this is perfectly logical because there would never be enough one owner cars from private owners to meet the demand in the market. This isn’t a negative. The negative occurs because of two things:
- Firstly, a one owner car from a leasing/rental company suggests multiple users whereas a privately owned, one owner car, implies just one person has driven the car
- Secondly, it’s presumed leasing/rental company cars won’t have been looked after or worse still, driven recklessly
Both reasons explain why consumers may be reluctant to buy a one owner car previously owned by a leasing/rental company, or feel let down if they found out this is where their car came from after buying, but do they justify this type of stock being regarded as less reliable or lower value for money?
Should I avoid ex rental/leasing company cars?
In short, whether you buy a privately owned or ex rental/leasing company one owner car, you gain no insight into how the car has been driven or looked after based on a judgement of previous ownership; a service and maintenance history and independent inspection will give you a better idea of the condition of the car. And in reality, a leasing/rental car may well have been looked after better than a privately-owned car as it’s subject to a regular maintenance and inspection process, rather than being reliant on an individual’s desire to maintain.
Ultimately, the best way to determine whether a used car is worth your investment is to base your decision on as many facts about the car as you can find out. Look out for:
- Service and maintenance history documents
- An independent inspection having been carried out
- Warranty period offered
Check out the company you’re buying from too, read independent customer reviews and ask any questions about the history of the car you feel may influence your decision to buy. Get to the truth, don’t base your decision on assumptions.
All eCars247 car adverts contain specific information relating to the type of owner the car was previously registered to, along with copies of the following documents:
- AA inspection
- HPI certificate
- Logbook (VS5)
- MOT certificate
- Warranty information
- Photo of handbook and keys
For more information regarding the eCars247’ buying process, please see our How It Works page
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