People with a long commute may lose money in the long run if they get a car that is not adequately conservative with fuel. If the seller doesn't have the title in hand, walk away. Once you have an idea of how much your vehicle of choice costs, contact your lending institution to set up financing. But, without a … You don't sign the title. This isn’t necessarily a bad thing, but buying from a private party will require you to do your due diligence with a little extra research and inspection. It’s a small to price to pay to find out if the car is a good buy. Convenience: If the customer is close to any large or particularly good dealerships, a private sale may offer a more convenient alternative. Sometimes buying a less extravagant car with lower mileage is better than getting a “great deal” on an older luxury or sports car with higher mileage. Ask for the VIN so you can run a check on the car through the Department of Motor Vehicles. Likely affordability, safety, and fuel economy are high on the list. When buying a used car from a private party, knowing that the seller is likely to be happy with an offer higher than the dealership’s can help you save a significant amount of money compared to buying from a dealer. [3] Our service team is available 7 days a week, Monday - Friday from 6 AM to 5 PM PST, Saturday - Sunday 7 AM - 4 PM PST. There is more to tire life than tread. Also, depending on where you live, you may need to pay taxes on the sale, so check with your local DMV before the purchase.". It’s best to know that before you buy. The seller is going to be selling the car regardless of what you decide to do, but you can easily choose not to buy it. This is mostly good news for a buyer: Reconditioning would likely raise the selling price. How should I prepare my car to sit unused for more than half the year? His mechanic might turn out to be a friend who won't be honest with you. Contact your state’s department of motor vehicles (DMV) to learn the exact requirements to register the vehicle. This problem may or may not be detected visually—excessive engine movement may be seen while idling—or by feel—engine movement can cause contact with the chassis or something else on the car, which one can feel. Any vehicle sold new in the United States after 1996 will have a port that accepts a diagnostic scanner. Keep the stereo off so that you can listen into the car for dangerous sounds or unwelcome noises. Please see our, Volkswagen Passat - Pre-purchase Car Inspection - Las Vegas, Nevada. If you do not have enough saved you should consider a personal loan from a bank. If the oil is red or green it is probably brand new. Ask to at least ride along with the owner. Between private-party and dealership sales, nearly 40 million used vehicles change hands each year. Click on another answer to find the right one... Not exactly! Buying a used car from an individual or business that is not in the business of selling cars is called a private-party sale. Mercedes-Benz SLK280 - Pre-purchase Car Inspection - Laguna Hills, California. If you’re buying the car out of state from a private party, you may have to visit that state’s department of motor vehicles to get temporary licensing before you register the vehicle in … Be knowledgeable, be empowered, and know that you are the customer, and you are prepared to wait until you can get exactly what you want. Also, using the vehicle identification number (VIN), obtain a vehicle history report to make sure the vehicle hasn’t been in an accident, flood, or other calamity. If there's no price listed, the owner might try to ask for a much higher price if they think you're desperate or ignorant about cars.