April 26, 2024

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Buying From Individuals Vs Car Companies, Which Is Better When Trying To Get A Second Hand Car?

What to look for when buying a used car

Are you finding it really challenging to decide on the right place to purchase a used car?

You’ve overheard victims lament about how they purchased a car in a particular place and regretted it; and you’ve lived in this fear ever since…well, it’s high time you purchased the right second hand car, from the right place.

In this article, you will get to understand which is better between buying a used car from an individual or from car companies.

Before you get a used car, there are a number of factors you need to consider. Your budget, your personal taste, your experience with cars, amongst others. Other helpful pointers include going on third-party related platforms like uk.collected.reviews where you would get additional hints on the path you would need to walk through. Aside from these factors, it is important to know that there is no one-size-fits-all ideal way of getting a used car. So, the best option is to understand the pros and cons of where to purchase your next pre-owned car and weigh in on them to select which is the preferable best place to patronize.

From Individuals

Pros

●       Price

This is the best upside about getting a used car from an individual. Most individuals selling cars are not professional salespersons, they don’t know about commission and they have no idea on how to leave negotiations hanging. If you know what you’re looking for as well as what it is worth, with a good bargaining spirit, you can drive away with a great deal.

●       Access To Car History

Getting a used car from an individual could give you access to the car’s record, especially if the individual has been the sole owner of the car. This way you get to know every accident, every mechanical problem and the slightest eccentricities of the radio. 

Cons

●       Restricted Choice

There are usually no alternatives to select from when purchasing a car from an individual (especially if you’re getting the car from the sole owner). So you end up being restricted to a particular car.

●       No Guarantee

On getting your car, there is usually no guarantee the used car is in good shape. You would need to get your mechanic to do a thorough check in order to be sure you won’t be purchasing a bigger problem. You might even need to go through some reviews about auto parts if you would need some change of parts since they might be outdated. The unfortunate part is there are no legal back up for a refund of your money after payment.

●       Stress

On the completion of the purchase, the compilation of the car papers would be made by the previous owner and yourself; sadly, the completion of most of the work would rest on you.

From Car Companies

Pros

●       Warranty

The good thing about car dealers is they offer you a warrant for a particular period of time(ranges from one car company to the other). This way, if your vehicle develops a problem with its period of warrant, you can bring it back for a refund of your money or for repair.

●       Wide Range of Choices

When getting a used car from car companies, it is easier to shop a range of cars. Unlike individual sellers, you get to make choices according to your taste and preference. You won’t be restricted as long as you know what you want.

●       Financing Options

Purchasing a used car from a car company doesn’t require that you pay the entire cost of the car immediately. You can sign for a car financing option and you get to pay for the car instalmentally. You get to drive away your car at the completion of the payment.

●       Less Risk Of Scam

Car companies are known for their strict controls on selling procedures. This is because they are very much concerned about maintaining the good name of their company. So there is no need to be worried about being scammed.

●       Paperwork

When you get a used car from car companies, the car paperworks would be cleared and put together by the company. You wouldn’t need to stress around doing this process since they would be handling it.

Cons

●       No Negotiations

Unlike the individual seller who would be willing to lower the price, some car companies are fixated on a price, they don’t give room for any reduction in prices.

●       Commission

The sales team of the company gets higher commission when you pay more and lower when you pay less. The sales team can be helpful in giving you ideas for your car, nonetheless they would get you to pay more at the dealership for their interest.

However, buying a used car could be a complicated process, but it doesn’t  need to be overwhelming.  Though your budget goes a long way in deciding which is a better place  to purchase a used car, knowing what a car company and a individual seller has to offer can help you conclude on which one of them would be lenient enough to  save you cost, time and stress. That would be your better choice.