For people that are looking to purchase a car, there is always a dilemma on whether to go to a car dealer in Arkansas or to a private seller.
-Which is better? -
The answer depends entirely on a lot of factors. Here is a discussion on shopping at car dealerships versus private sellers.
History of the Vehicle
When purchasing a pre-owned car, it is important that you understand the vehicle history — how it was maintained and what sort of problems it had, if any. In this regard, going to a private seller is better because they are in a position to tell you the intimate details of the car’s history. Car dealerships on the other hand, go through hundreds of cars and it is near impossible to get all the details that pass through their car lot.
If you have enough money to pay for the vehicle, you wouldn’t have any trouble with a private seller. However, if you’re going to finance the car, it may be necessary to gain access to some form of car financing program. Central Auto Sales of Arkansas points out that car financing is possible with car dealerships.
With car dealerships, buyers can enjoy in-house financing programs. The company provides the loan. The rates, of course, depend entirely on your credit rating, amount of cash for down payment as well as the individual terms and conditions set forth by the bank.
Sales Price of the Vehicle
When it comes to finding the most reasonable price for a car, the best option would be to go to a car dealership as opposed to a private seller. The reason is straightforward: car dealerships rely on sales volume for profits while, private sellers rely on individual sales to make money.
Sale Delayed is Money Denied
You can get a better price from a car dealership because they cannot afford letting the car stay in their lot for very long. Private sellers have the luxury of time in their hands. They can always wait for the right buyer to come along and are therefore, not too amenable to negotiation.Read More