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When buying a new car, would you consider a private sale via a third party individual or would you rather purchase from an authorised car dealership? There are many factors to consider when deciding to buy a car privately or from a car dealer. The specific car, personal taste and driving experience all play a role in where buyers choose to search for their next cars. And though you can get a good deal when buying from either, we’ve listed some helpful pointers to aid you in making an informed purchase.
Most individuals tend to go the car dealer route when deciding to buy a new car because it usually comes with added benefits such as car warranties and vehicle finance. There are two types of car dealers: the new car dealership and the used car dealership. While new car dealers work closely with a specific vehicle manufacturer and generally only sell new models of that specific vehicle make, used car dealerships sell pre-owned vehicles acquired from vehicle trade-ins and from car auctions.
Buying from a third party individual is different from buying from a car dealer. The buyer or seller would need to complete most of the paperwork themselves, depending on the agreement between the two parties. When buying privately, the buyer would also need to take the vehicle to an independent mechanic such as the Automobile Association of South Africa (AA) to have it inspected before the purchase. Private car sales are usually advertised in the classifieds, online directories and magazines such as Auto Freeway.
What to expect when buying from a car dealer
Both new and used car dealerships have a diverse selection of cars to choose from, which makes it easier for you to find the vehicle of your choice, instead of sifting through dozens of private sale ads. All new cars bought from car dealers come with vehicle warranties that protect you from having to pay expensive repair costs for the agreed period of time stated on your warranty.
When buying from a used car dealer, buyers can expect cars that are still in pristine condition because most used cars are acquired via trade-ins and have only had one previous owner. And some pre-owned vehicles still carry the original manufacturer’s warranty. Car dealers are bound to adhere to strict procedures because they carry the name of the vehicle manufacturer, therefore, you can expect immaculate brand new cars and quality, certified used cars when you decide to purchase from a dealer.
Tips to keep in mind when buying privately
One of the key factors to remember when buying privately is that unlike in car dealerships, the vehicle for sale has not been tested for faults. In order to avoid buying a lemon, you should ask the seller to have the vehicle AA-approved before you decide to purchase. Also keep in mind that you would be liable for the cost of the AA test as this is arguably not included in the seller’s total price for the vehicle. When private parties sell their vehicles, there is usually an emotional attachment that will drive them to push up the selling prices close to the prices that they originally paid. This may lead to overpricing of a used car.
When buying a car from a private party you need to remember the Voetstoots rule that a second-hand car doesn’t come with any guarantees or warranties and it is your duty to find any faults on the vehicle before you make the purchase. Lastly, be sure to get everything in writing so that you have a solid receipt of the sale.
Save time and money when you buy a car from CMH Carshop
CMH Carshop is a leading car dealership in South Africa specialising in top car brands such as Honda and Toyota. With 45 dealerships countrywide, we’re dedicated to helping you find the vehicle of your choice. Browse our selection of new cars and certified pre-owned cars from our extensive database and save money and time without sifting through thousands of car ads.
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