Buying A Used Car From A Private Seller

Nevada Insurance Enrollment Explains How To Save Money On A Used Vehicle By Buying From A Private Seller

LAS VEGAS - nvtip -- A vehicle is probably one of the biggest purchases you will ever make. Buying from a private seller can save you money, but it can also open you up to getting a bad deal. Knowing what to keep in mind when purchasing from a private seller can save you a lot of money and frustration.

Things to Consider When Buying from a Private Seller
The Benefits of Buying from a Private Seller:

-No dealer fees
-No up-selling
-More likely to close the deal quickly

The Drawbacks of Buying from a Private Seller:

-No warranties
-Obtaining proper documentation is your responsibility
-Unlike a dealership, the seller does not have a reputation to protect

Tips for Buying a Car
Get the title. If the seller does not have the title in their hand, there's no way to be sure that they own the car. There would also be no way to prove that you own the car after you purchase it. If they have lost the title, they can request a duplicate. Make sure the title is signed by everyone whose name is on it. If the seller cannot produce the title, do not buy the car.

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-Check the VIN. Checking the VIN can give you a lot of information about the vehicle, including its maintenance history, whether it has ever been in an accident, if its airbags have ever deployed and its "lemon" status.

-Ask questions. Before money changes hands, find out why the seller is selling the car, what issues they have experienced with it and what parts are not original to the car. Ideally, the seller would also be able to show you service records.

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554

Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment
Filed Under: Insurance

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