If you’re in the market to buy used cars for sale, you’re probably wondering whether to buy from a dealership or a private seller. Here are some advantages of choosing a dealership for your next vehicle purchase –
Most lenders consider where you are purchasing a vehicle from, the age and condition of a vehicle before approving a loan. Some lenders may be more willing to offer finance for cars purchased from dealerships because they are registered and licensed businesses that can be held liable if something goes wrong. A dealership is legally bound to guarantee a clear title on the vehicle. This means there is no debt owing on it. This makes it easier for lenders to provide loans to cars sold by dealerships.
It’s also much easier to get finance through a dealership because many of them have access to brokers who can connect with multiple lenders to get you approved quicker. The dealership will also handle all your paperwork, so you don’t have to do anything much to get finance for a vehicle. While lenders offer loans for private car sales, there may be more work involved in getting approved. This could end up taking longer.
If you have a vehicle that you want to sell to buy another one, you’ll find it much easier to do at a dealership as a ‘trade in’. This will save you the hassle of trying to find a buyer for your own vehicle and you can complete all transactions in one go with a dealership – making it so much easier for you to buy new and second-hand cars.
At the dealership, you can literally drive in to pick up your new car and leave your old car there. You don’t have to worry about outlaying any more money until you sell your car or end up getting stuck with your old car until you can find a buyer.
Dealership cars have state-enforced protections like cooling-off periods, guaranteed titles, roadworthy checks and statutory warranties in some cases based on the age and condition of the car. Unlike private sellers, dealers are also legally obligated to tell you whether a car has gone through any hail damage or odometer tampering.
Dealerships may also offer additional warranties on used cars for sale without charge for a specified period, which you will not get with a private seller. If you buy from a private seller, you will not have the option of getting it repaired. If something goes wrong, you will have to pay for any mechanical repair yourself. You have no one to go back to, which can turn out to be extremely expensive in case of a major fault. Ultimately, it is your responsibility to ensure the car is in good condition to avoid any issues later, which can be hard to do when you’re not an expert. On the other hand, a dealership is a physical location. You always have someone to go back to, especially if there is a warranty on the car.
You cannot legally drive a vehicle if it hasn’t been correctly registered in your name. When it comes to a car sale, there’s a lot of paperwork involved like transfer of ownership, contract of sale and any other state-based paperwork required. A dealership will handle all this paperwork on your behalf, including registration and title transfers, which can make it so much easier for you.
Filling this out with a dealership means you won’t have to do all this on your own. If you buy from a private seller, you will be responsible on your own to get the vehicle registered and transferred in your name.
With online reviews playing a big role in the way dealerships are viewed today, many dealers are taking their reputations more seriously than ever before. This can give you peace of mind knowing you are buying quality vehicles from a dealership that has a reputation to protect. You will always have a reliable shopfront to come back to instead. It won’t be like purchasing a car from a McDonald’s car park.
Buying from a dealership may be a little more expensive, but it is the safest solution if you want to protect yourself in the long term when purchasing used cars for sale.
We hope you enjoyed reading this article. To read more articles like this, please visit the Shop for Cars latest news page here.
Shop for Cars is Australia’s first car dealership-only online classified. Shop for Cars brings you the best quality new and used vehicles from trusted motor dealers Australia wide. Shop for Cars currently has over 12,500 cars listed for sale all from licensed Motor Vehicle Dealers ONLY.