I purchased a used approved recently when I was recommended a car by the helpful people here. It was a Honda and pretty old, but the dealer had a full idea about it as it was from them, and serviced by them etc, and was in pretty good condition (bar some standard looking scratches).
One reason I did go for approved used for me, was the mathematics of it.
After negotiating the car was around 6k, and had 1 year breakdown and 1 year warranty from Honda.
The car has just had a service too as part of buying it.
So if I was looking at the maths of it, any reasonable warranty plus breakdown cover on such a vehicle is 250-400. A dealer service plus MOT is probably 200+ or so. 2 New tyres probably 80 or more. etc.
Add to that the full dealer service history which probably helps residual value, then I'm looking at 500 quid of value at a minimum.
If I purchased privately the car may well be £600 cheaper with zero warranty plus a little higher risk.
Ultimately it worked out the same in my head with added security. If I would never dream of getting a warranty and simply have the know-how and a mechanic I trust then obviously it'd be different but my stress and anxiety levels have a value too
Was the car perfect? Not really, there were a couple of issues. There were multiple owners (albeit 2 owner changes in the first year then 2 owners in the subsequent 6 years) which was not the impression I was given (I found out when the V5c came because Im an idiot). although 2 owners in past 6 years isn't so bad.
There were a couple of light scratches around the doors which were tough to see in the rain but I can live with that.
The windscreen have something that is affecting visibility which I posted about in another thread.
They want to put it right though and will iron out everything and give me a courtesy car so that's something.
So essentially, approved used for me reduced my anxiety levels for an old car, and I've avoided paying for things that I'd have paid for anyway (tires and a fresh service and valeting). It didn't mean I got a perfect car though. I'd probably still stick with this route as an anxious buyer on such items.
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