Considered First When Buying Used Cars for Sale by Owners

April 7, 2009

If you are in the market for a car, used cars for sale by owner is a good option for finding the car that you are seeking. Used cars last longer these days and hold their value longer than ever before. With the warranties that are available today, you can get a car that is a few years old that still has a long time left on the warranty. Some people don’t like buying cars for sale by owner because they think the cars have not only been used, but also abused. Of course, the condition of the vehicle will be of concern. In order to assess a used car search, first learn how long it’s been around. Make sure a car’s price reflects its age. For proof of how many times a car has been around the block, investigate its papers.

Tips Considered First When Buying Used Cars for Sale by Owners?

When buying used cars being sold by an owner, it is very important to remember that you are buying the car exactly as you see it, meaning whatever problems the car has, upon buying it, become your problems. Rarely does one sell his/her car unless there is something wrong with it and they are buying a new one. Will you be even getting an honest answer when you ask the owner if the car needs extensive repairs or if the car has been giving the owner frequent problems entailing a huge amount of money in repairing and maintaining the vehicle. Still, there may still be a chance of acquiring a car which has been well maintained from owners who are simply looking for a newer vehicle.

Owners who sell their used cars prices based on car dealerships’ prices on comparable vehicles although sometimes, they may even ask for a higher price compared to counterparts being sold in car dealerships. Owners may demand for a higher price since they assure the customer that they really took proper care of the vehicle. However, you have to remember that very little chance of getting another car from the private owner exists, thus, they really do not put much emphasis on customer satisfaction the same way car dealerships do.

Owners who sell their cars eventually realize that selling their car ‘as is’ may be harder than they have first perceived it to be. Hence, they end up adding more features or making the car even more appealing to choosy buyers. Improving the car would further result to added costs passed on to consumers.

Considering all these factors, it might be even more expensive to buy used cars from owners rather than getting them from respectable car dealers. The cost alone of refurbishing the vehicle may prove costly for the buyer. Finally, make sure that both you and the owner are satisfied with the price and that your agreement is well communicated. Don’t be afraid to ask for clarifications; it is important to know exactly what you’re getting into.