Buying used car from dealership in Regina
February 02 2023
There are several factors to consider when you’re looking to buy a used car. Whether you buy it from a dealership or a private seller is one of those factors. We understand it’s already overwhelming to look into purchasing a car, so we have listed the pros and cons of buying from a dealership to help you decide on the first step, in Regina.
Buying used car from dealership in Regina
Pros and Cons
First, let’s take a quick look at the pros and cons of buying a car at a dealership before we discuss these factors in more detail.
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Advantages of a Dealership
Now, let’s take a closer look at the advantages of buying a used vehicle at a dealership.
Quality Assurance
Dealerships inspect and determine the quality of a vehicle before reselling it. Often, you’ll find that they replace broken or subpar parts, so you can be assured of the car’s quality when you buy it. Part of this quality assurance comes when you receive a complete history of services and previous owners of the vehicle so you can understand what you’re buying.
Warranty Guarantee
Most dealerships offer warranty guarantees on their used cars, which ensures you’re protected when buying the vehicle. With private sellers, you purchase the car as seen, with no warranties or guarantees after the transaction is complete.
Less Paperwork
Buying at a dealership means buying from people who know what they’re doing and have a streamlined process to complete the paperwork. There’s a system in place, unlike with a private seller, where you need to do everything yourself or struggle to receive all the necessary paperwork.
More Choice and Time
You can browse various cars at one dealership instead of contacting multiple private sellers to find the ideal vehicle. Dealerships offer multiple brands, car types, and models. You can enjoy a wider range of options and have more time to make your choice. Plus, when you pick one you might want, dealerships often give you about 48 hours to decide whether you want the vehicle and will hold it for you. But private sellers often sell it to the first person accepting the offer, so you don’t have as much time to think about the decision.
Flexible Payments
A significant benefit of dealerships is that there are flexible payment systems. You can apply for financing if you don’t have the budget to buy it with cash, whereas a private seller won’t accept monthly installments. Also, you can’t finance a car from a private seller, which means you may need to take a personal loan, which looks worse on your credit score.
Disadvantages of a Dealership
Like all things, there are also some disadvantages to buying at a dealership - let’s take a closer look at them.
More Expensive
Dealerships will often charge more for the same car than a private seller charges. While this isn’t always the case, private sellers frequently want to get rid of a vehicle and will sell it at a slightly lower price than its book value. Meanwhile, dealerships could have a higher price to cover their sales commission and any parts they replace.
No Negotiation
While some dealerships will negotiate on the price, many don’t allow for negotiation when it comes to used cars. Private sellers are generally more open to talking about the price, while dealerships have a fixed price.
Safely Buy a Used Car
While there are several pros and cons to buying a used vehicle at a dealership, the cons don’t hold up so well against the pros. While a cheaper car or the ability to negotiate sounds good, the dealership comes with quality assurance and other benefits, which usually make the price worth it.
