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Used Auto For Sale - How to Buy a Used Auto for Sale

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If there was one universal piece of advice from both financial and automobile experts about buying a car, it would be to never buy new. A used auto for sale affords several benefits over a new car. While most of the benefits are financial in nature, there are also practical benefits that cannot be ignored.

Buying a used auto for sale that is only a single year old will save you an estimated 20 to 30 percent off the price of a new car. If you go for a used car that is three years old, you will save up to 70 percent off the original sticker price. For most people this is enough to sway their decision, but this is only the beginning. In addition to saving on the car, you will also have lower insurance premiums. This is another potential savings of hundreds of dollars for the first year alone.

Another major benefit of choosing a used auto for sale is that used cars are often in better mechanical condition than new cars. Although it seems counterintuitive, this is true due to the fact that new models of cars are often released with minor defects that require servicing. Anyone who has bought a new car in the past can attest to the number of voluntary recalls made to replace parts that have found to be faulty. In addition, other failures are common in new cars that are usually fixed under the manufacturer’s warranty. Of course, before buying a used auto for sale, you should verify all service work that has been done. Many car buyers feel it is better to stay clear of cars with service records, but service records should be seen as a form of insurance that all serviced parts have been formally inspected and made to operate at 100 percent.

If you buy a used auto for sale that is under three years old, it will most likely still be under the manufacturer’s warranty. Just in case there are any severe mechanical problems that have gone undetected during your initial inspection, you will be able to get them repaired under the warranty. It should also be noted that used cars today are much more reliable than they were in the past. Buying a used auto for sale is less stressful than buying a new car because there is less money involved and negotiations are usually not as high-pressure.

You have two choices when buying a used auto for sale: buying from a dealer or buying from an owner. No matter where you buy the car, both choices have their advantages and disadvantages.

Buying a Used Auto for Sale from a Dealer
There are several advantages to buying a used car from a dealership:

  • Many dealerships have certification services that guarantee the vehicle has gone through a full service inspection before it is put up for sale.
  • Dealerships fully detail their used cars before they go up for sale. Many also throw on new tires and give the car a new oil change.
  • Dealers will take trade-ins so you don’t have to go through the separate process of selling your old car.
  • While you can get financing for buying any used auto for sale, you will have more options when buying from a dealer.

Disadvantages of buying from a dealer include the following:

  • Used cars from dealers tend to be more expensive than from private owners.
  • Negotiations are usually higher-pressure.
  • Dealers will try to up-sell with aftermarket add-ons such as stereo equipment and extended warranties.

Buying a Used Auto for Sale from a Private Owner
Many people believe buying a used car from a private owner is the best way to go. Here are some of the recognized advantages:

  • Private owners will most often give you the best deals on a used car. Estate sales and estate auctions are two particularly good ways to find inexpensive used cars.
  • Negotiations are usually more relaxed with a private owner. Most private owners have not been trained for salesmanship and intimidation.
  • You don’t have to worry about being oversold useless accessories.

There are also some disadvantages to buying from a private owner. The following are a few of them:

  • Owners sometimes have a lot of emotional investment in their cars, so negotiations can turn irrational. They may try to put a price on their sentimental value.
  • Buying from a private owner may not give you the same consumer protections as buying from a dealer. It is always recommended to have the car inspected by an objective, professional mechanic before you commit to the purchase.
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