subject: Buying A Car From A Private Owner Vs. Dealership [print this page] Because it is such an expensive investment, buying a car can be stressful experience if you don't know where to look. There are many sources including private owners, manufacturer dealerships, and used only dealers, and auctions. Unless you are mechanically savvy and have years of experience buying cars, it can be difficult to know where to begin. Should you look at private owners in the classifieds? Should you drive around the local car dealer? Where do you begin?
If you are thinking about purchasing from a private owner, there are a few things you should know. Although you may be able to get a great deal from a private owner, it can be risky without proper research. You should ask to see the registration and check the car's Vehicle Identification Number and make sure they match. Find out about the title of the car. If the owner doesn't have it, talk to the financial institution that does. If the private owner can provide neither source, you should be suspicious. Also, before buying from a private owner it is essential to have the car checked out by a trusted mechanic.
Because their reputation is on the line, licensed dealerships are often one of the safest bets. A used car from a dealership must go through a rigorous inspection process before they are licensed to sell the vehicle, so you won't have to have a private mechanic look at the car. Most dealerships also offer financing options for purchasing the vehicle. Just be sure to do your homework before you go into a dealership so that you know a fair price for the car you have in mind. Going into the situation without facts is an easy way to spend more money than you would like to.
