When purchasing a used car, two terms apply:
- Buyer Beware
- As-Is
This is particularly true for used cars for sale through a private sale. While private sales may seem a good option, there are reasons why you should consider looking elsewhere.
The Problem with Private Sales
A private sale may be attractive. However, you need to look at what can go wrong. The problems associated with purchasing used cars for sale from a private seller can be summarized as follows:
- Limited Choice: A private seller often has only one vehicle for sale. While some may have more than one, you are restricted by the lack of model, year and trim level.
- Buying As-Is: There are no guarantees or warranties. You are buying the vehicle as it is. You are also expected to pay for assessing its condition and making sure every component is functioning optimally.
- Financing: Private sellers rarely provide financial options. Often, they want the majority up-front.
- Scams: Scams are more easily perpetrated through private sales. You may think you have done your due diligence but end up with a lemon which costs extra money, or worse, a stolen vehicle which will be returned to its original owner.
Buying a Used Car
If you are looking at used cars for sale in Moorestown, consider what private sellers are offering. You can also choose an alternative and less risky route. Visit your local, reputable and licensed new and used car dealership for greater selection and to avoid scams.
