Buying a used car from a private seller instead of a dealership is one of the best ways to score a great deal on a new vehicle. While buying a used car from a private seller is not as complicated as a task like brick repair, there is no denying that following through with such a purchase can be tricky, especially if you don’t know what you’re doing. Buying a car from a private seller can come with many risks, and a few additional responsibilities, such as handling important paperwork yourself.
Looking to make the process of buying a vehicle from a private seller as easy as possible? Here are a few simple tips.
1. Research a Vehicle
Before deciding to inquire about a car that is listed for sale in your area, do a little bit of your own research about the vehicle itself. Be sure to compare a private seller’s price to the price listed in the Kelley Blue Book to ensure that you are getting a fair deal based on the value of a vehicle. This can also help you to negotiate the price of a vehicle with a private seller.
2. Ask Questions
In addition to doing your own research, it is important to ask a private seller as many questions as possible ahead of making a purchase. Some of the most important questions you can ask a seller include:
- “Are you the vehicle’s original owner?”
- “Has this vehicle been in any accidents?”
- “Has this car needed any major repairs?”
- “How many miles are on this car?”
- “Why are you selling this vehicle?”
Additionally, you should always ask a private seller if you can test drive a car. This is one of the best ways to ensure that a vehicle is up to your standards and to determine whether or not you are really interested in making a purchase.
3. Get an Inspection
Investing in a professional inspection before purchasing a vehicle from a private seller is one of the best ways to ensure that the car is in good condition. This can ensure that you are aware of any previous issues or maintenance that the car has undergone, as well as any unreported accidents that a private seller might not even know about. Generally, an inspection can cost between $100-200, but this price is worth it for those who don’t want to risk buying a vehicle that is not worth the cost.