When it’s time to think about buying a used car, you’ll probably visit a car dealership or contact a private seller. Each strategy has its upsides and downsides, so which is the right choice for you? Let’s check out some pros and cons of each one to help you decide.
If the price is the most important issue, a private seller usually has the lowest price. After all, he or she isn’t running a business and paying sales and service workers. Dealers must pay for building and vehicle upkeep, and advertising expenses and these things add to the price when you buy a car.
A car dealership can give you guarantees with your car. In fact, some offer certified used cars that undergo extensive inspections, and they make repairs as needed to make sure the car is in top shape. Most private sales are “as is” and you have no rights after the sale. This is an important consideration when you pay thousands of dollars for a vehicle.
Doing Business with Strangers
You might not know the private seller or car salesperson. However, your salesperson has to follow the law and certain ethics. Private sellers aren’t bound by any rules, and you really don’t know who you do business with. You could end up talking to a mentally disturbed person that wants to harm you. Although the chances are slim, it is a possibility.
Your car dealership can take care of all the paperwork for you, and this makes things easier. Plus, you can trade in the old car and deduct the amount from your sales price. With private sales, you are responsible for paying sales tax, registration fees, and getting the new car tags. Also, you’ll have to go through all the trouble of selling your old car.
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