Are you planning on a buying a
used vehicle? If so, you'll have several buying options you can choose from,
but you should know the disadvantages and advantages of each before you buy.
Your primary buying options are: From a car dealer, from a private individual,
via Ebay, or at an auction. Let's go over each option, and their advantages and
disadvantages.
Buying from a car dealer
Advantages
A car dealer will usually have a wide selection of vehicles for you to
choose from, and the salesperson will hopefully have the expertise to advise
you. Buying from a car dealership can also help you get financing more easily.
You may also get a guarantee or warranty on the vehicle from the dealership.
Disadvantages
Many people do not like car salesmen as they can be high pressure, but this can
be avoided by choosing a salesman you like. You may pay a higher price for a car
from a dealership, when compared to other options.
Buying from a private individual or via Ebay
Advantages
You can get an excellent deal on a used car from a private individual. You may
also be able to find less common vehicles, and/or souped-up vehicles.
Disadvantages
You really have no guarantee as to what you are getting – if you get a lemon,
too bad. It's hard to know whether to trust the individual or not, as it's hard
to check out their reputation.
Buying at an auction
Advantages
You may get a very good deal on a car at an auction.
Disadvantages
As with buying from a private individual, it may be difficult to know exactly
what condition the vehicle is in. While it may be harder to determine exactly
what you're getting, you're less likely to be intentionally tricked than if you
are buying from a private individual. After all, the auction company's
reputation is at stake.