Tuesday, 11 October 2011

Buy a car privately or from a dealer?

The safest and most uncomplicated way to buy a car is from a licensed car dealer. The laws
ensure that cars sold by dealers are not stolen, do not have money owing on them, they are
safe to drive on the road and come with a warranty.

That being said, that doesn't mean that there are dealers out there who won't bend the laws
when it comes to selling a car. In general, car dealers which sell brand new cars (cars with zero or delivery mileage) will be less likely to pull a blindfold over you than those who don't.

I have seen cars purchased from new car dealers which turn out to be written off and repaired. So be warned and tread carefully, these risks are real and they do exist, though are less likely.

Buying a car from a dealer also happens to be the most expensive way to buy a car.

I personally like to buy cars privately due to the lower prices. There is no pressure to buy a car immediately, unlike buying from a dealer. More risks are involved with buying a car privately, however they can be avoided if you know what to look out for.

When buying a car privately, the onus and responsibility falls on the buyer, so buyer beware. There is no cooling off period, once you sign on the dotted line the deal is done and you are the new owner of the car.


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