What Are The Pros And Cons Of Getting Used Cars Sold By Owners?
When it comes to buying a used car, you have to consider a handful of important factors. Before you spend your money, you have to take into consideration your budget, specific needs and preferences, etc. Although you will find that there really isn’t a method you must follow when it comes to buying cars, especially those that are sold by owners and there are pros and cons of making these kinds of purchases. First among the pros of buying cars for sale by owner is affordability. The reason is because owners do not have to spend money on overhead expenses; need not pay used car salesmen salaries and commissions; and this allows them to lower their prices or at the very least be more open for negotiations.
Another advantage is you are able to ask for the car’s full service history. You can learn directly from the sellers about any accident, or scratch or technical problem the car has and ask them how they fixed these problems and they can tell you about how they maintain the car. This would help you gather a tone of helpful information about the used Ford car you plan buying assuming of course, that you are dealing with a reliable, trustworthy seller. Doing so helps you determine whether or not to buy the used car. But if there are pros to buying from a used car owner, there are also the cons; learning about them can help you save a significant amount of time, effort and money.
Overpricing is a common hurdle when it comes to buying used cars sold by the owners. There are a couple of reasons behind this: owners tend to be emotional about and get attached to their car, asking more money for their “baby” and they think about the initial cost of the car and feel they are well within their rights to sell it for almost the same amount. Keep in mind that a brand new car depreciates in value for as much as 40% the first year so you have to take this into consideration when you make an offer to buy a car. You could head to Hertz Car Sales to get an idea how much a used car is valued before you make an offer. Another con is you cannot be a hundred percent sure the used car owners are selling are as well-maintained as those car dealers sell. Have your own mechanic inspect the car and test drive it before making a purchase.
The Non Owner (demo) – Acoustic Version