Should You Buy From a Car Dealer Or a Private Seller?
Not sure if you should by from a car dealer or a third party seller? There are definitely pros and cons both ways; a dealership may use high pressure sales tactics but have more stringent quality controls. A private seller may be able to offer you a bargain but there is a greater chance of getting a lemon this way. Private sellers also don’t offer financing or warranty options.
You’re never quite sure what you’re exactly getting with a third party seller. You are buying the car “as is” and if the engine breaks down later on you are financially responsible. If you are a car expert then this may not be a big issue; if you aren’t you may have a professional take a close look at all the mechanical components before you sigh the dotted line. Another suggestion is to run a detailed Carfax report; this will show if the vehicle has been involved in a serious accident, its true mileage and if it’s ever been flooded. One of the great things about buying from a private seller is that prices will be much lower than what you would be getting from a dealer. Dealers charge higher prices because over overhead and middle man costs.
Car dealerships have huge lots and there are literally hundreds of cars you can pick from so one clear advantage of going this route is the selection. If you don’t like one auto you can simply test drive another. Warranties are available for purchase at the dealer; this can give the buyer great piece of mind. As we all know, repairs can cost a ton of money and it can be sweet if those costs are covered by the dealer. You can also always easily contact the dealer if you have problems with the car; this may not be the case if you buy from a private seller.
It’s easier to negotiate and haggle with a private owner since they are the ones who call the shots and nothing has to be approved by management. You are also less likely to be pressured into signing a deal by an individual whereas dealers my use annoying high pressure tactics to get the ball rolling. Dealerships generally take care of the paperwork and the process of submitting the documents to the DMV. If you buy it from an individual you will need to take care of this on your own.
Keep in mind that buying a car is a monumental decision so go ahead and take your time; don’t rush into anything. Just make sure that you always run a Carfax report and be familiar with Kelley Blue Book prices and make sure to inspect the vehicle inside out. Buying from a dealer will give you added piece of mind at a higher cost while buying from an owner is riskier but in general more affordable.
If you check out the Kelley Blue Book remember that prices are different for dealers than third party sellers. It should always be cheaper if you buy through a private owner.
Author Bio: Written by Mercedes James – For new autos in Minneapolis check out Car Dealerships Brooklyn Park. View our new inventory at New Cars St Paul and check out our used cars at Used GMC St Paul
Category: Automotive
Keywords: dealer or private owner, dealer or private seller, car dealer or third party, dealer or individual