Smoky Mountain Car Sales
Smoky Mountain Car Sales. If you’re considering buying a car privately – perhaps you’re looking for a particular vehicle or you found a seller with the vehicle you want – follow these tips to make a private purchase a happy transaction for both sides.
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Know what buyers typically pay for the particular year, make, and model you want, in the condition you want, in your local area. There may be less room to haggle with a private seller than with a dealer, but having this knowledge may help you make an offer that’s fair.
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Be aware of red flags, such as a car that is priced suspiciously low or a seller that requests a wire transfer in advance. Also, always ask to see the title, which is a way for the seller to prove ownership.
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When you’re ready to buy, investigate the vehicle’s history by looking up a report from a service, such as CARFAX, to uncover issues the seller may not have disclosed. Private transactions are typically “sold as is,” which means any post-sale problems are typically the buyer’s responsibility.
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Complete a prepurchase inspection by taking the vehicle to a reputable mechanic. The mechanic can evaluate and advise if they see a potential problem or future repair that may cost you thousands of dollars down the road.
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When completing the transaction with a private seller, get your paperwork in order and work with an escrow service to facilitate the payment, or conduct the transaction at your financial institution.
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For additional assistance contact Lee Lofton at State Farm 865-365-3023.
