Used car dealers were the primary source for purchases on these vehicles, meaning that fewer people bought from independent or private sellers. It is true that you can save money by buying from a private seller, but what are some other pros and cons that you should consider before you purchase? Here are some things to keep in mind whether you are visiting a dealer marketing or private seller.
The best reasons to buy from a dealer are:
- You can haggle with them and get better results. There’s a better chance you can get closer to the price that meets your budget.
- They don’t have staff of sales people who work on commission, so there are no high-pressure sales pitches. However, keep in mind that this could also be a drawback, because they aren’t trained professionals, either. They don’t know all there is to know about the make or model of the vehicle like used car dealers do.
- They usually have lower starting prices.
- They can give you a better history for the vehicle and a better idea of what it has been through under their ownership. More details!
Now that you know the upside of buying from private sellers, here are some of the disadvantages of dealing with them.
- They are bound by law to certain selling procedures. You are less likely to be scammed or sold a lemon. Although most states have Lemon Laws to protect citizens, it’s still a burden and time-consuming when you buy one.
- They will usually provide such warranties, even to those used cars.
- They basically offer financing for your car.
- You can then easily contact their personnel if problems occur.
- Their vehicles were inspected through certified trained well-versed technicians.
- Some offer certified pre-owned options, which means the manufacturer or another reputable party has ensured that certain standards are met prior to resale.
- You can get assistance from them with titling and registration. You will not have to make an extra trip to the DMV.
- There is a variety of vehicles in one location and you have more room for price negotiation with salespeople.
From this list, it may seem like buying from an auto dealer marketing seems like the best choice. However, you should also keep in mind the positive side of buying privately. As with any situation, it’s best to gather all the facts before you take the plunge and buy. For private purchase, here are the upsides to what they might offer.
- You are probably going to be dealing with someone you do not know at all who is not bound to Federal Trade Commission rules.
- There are no warranties on the vehicle. You will be purchasing the vehicle “as is.”
- Private sellers will not offer any trade options.
- There are no financing options: its cash and carry or you’ll have to get a loan at your bank.
- You will have to submit all finance and title related paperwork on your own, and you’ll have to make the extra trip to the DMV to do it.
- You are on the seller’s time for when you can test drive and take a look at his vehicle.
Be sure you are armed with all the facts for purchasing from either used car dealers or private citizens. Then, decide which is most logical and will fit your needs. Again, there is no right or wrong choice, but if you make an uninformed decision, you could have a vehicle on your hands that you can’t drive and you can’t get rid of either. Click here for more information: https://en.wikipedia.org/wiki/Certified_Pre-Owned