When you are buying from a dealer, you have the option of buying from a verified or authorized dealer. But the minute you think about buying a vehicle which is owned by another person, there are a number factors that should be taken into consideration.
New and used cars are bought and sold regularly, they are just as good as any purchase provided you have the right paperwork and documentation to support the purchase. You can either buy a used car from an owner directly or go to a used car dealership, where you might just get a good deal.
Here are the pros and cons discussed:
If you buy a vehicle from a dealer, all the paperwork is handled by the dealer. Dealers also offer financing options and warranties on cars. When you go to buy a vehicle form an owner, he might ask you for a cash payment directly and there are no warranties. You will have to verify the documentation on you own and there might be chance one or two paperwork might just be missing.
Dealer cars might be pre-certified by experts to determine its road safety. However, when you are buying from an owner directly, you will to hire an expert to determine its road safety. Certified cars are a much better option to buy since there are number of tests which are conducted to determine the vehicle’s viability.
With a dealership, you might just get a good trade in option, while that is not possibility when you are buying from an owner. The owner wants cold hard cash from you, nothing more. you might be able to bargain with a private seller since it will be a bit difficulty to quote your price to the dealership.
Since the prices are not easily negotiable, you might just end up paying more that what the maximum suggested retail price of the vehicle is. Refer to a number of reliable sources, to ensure you find out the ideal market value.
When you are buying from a dealership, you might be pressured into buying a vehicle form the sale steam who are working on commission basis sand al they want to do is make the sale. The sales team are very adept at handling first time customers and there is a good chance you might just end up with a vehicle you didn’t want in the first place. Buying from an owner, you have the option to talk, think it through and then make a decision.