How to Save Real Money When Bargaining With a Private Seller for a Used Car

There are a few ways to honestly and ethically3. Remember these things once you have decided
get the car of your dreams for a reasonablethat you will purchase the car, if the price is
price. Follow these tips and hints and you may beright.a) This is not the only car in the world for
surprised how much the seller will discount theyou. There are others. Maybe, they will be even
advertised price.better.b) Don't be in a rush to conclude the deal.
Ready to Start? Lets' go.Take your time.c) Don't be swayed by seller
1. Do this before you even see the car.saying "I have another buying waiting".
When you see the car on the Internet or in the4. Do these things when negotiating.a) Say "I'd like
newspaper or the magazine and you areto make an offer".b) Tell the seller the costs of
interested in checking it out more closely, dothe items you think will need fixing once you
these things first:a) Check out the price of thispurchase the car.c) Make your offer taking b) into
car against others of similar specifications.b) Haveaccount and leaving room to move upwards on
your finances worked out in advance. Set youryour price to the maximum you set.
spending limit and stick to it. Offering cash isFor example, say your maximum spend is
usually a better option than saying you will need$10,000, the car is advertised for $12,000 but
to organize finance.c) Contact the seller and askyou have found $2,000 of work to be done to
the following questions:bring it up to your standard. Make an offer for
- Is the car still for sale?$8,000 ($10,000-$2,000). The seller may respond
- How many kilometers or miles has it done?by saying that $10,000 is his minimum. After
- How long have you owned the car for?taking a suitable amount of time to consider this
- What color is it?response, you can say "I'll go half way, is $9,000
- What is the overall condition of the car?OK? If the seller agrees, then you have
- How negotiable is the price?purchased the car for $3,000 less than advertised.
If you're satisfied with the answers to theseHowever, your $9,000 price plus your $2,000 of
questions ask if you can see the car at a mutuallyexpenses is $11,000, $1,000 over your limit. No
convenient time.worries, just delay some of the work until you
2. Do these things once you see the car.a) Checkcan afford it. The seller feels a bit of pain, you
it out closely in all areas and test whether thefeel a bit of pain and you both are reasonably
answers you were given over the phone weresatisfied with the deal.
correct.b) See if there are things that need to beThese are just some general tips and hints from
done to get the car to your standard andmy experiences in buying and selling cars over a
mentally work out their costs. For example, doeslong period of time. I am passing them on to you
the car need new tires, does it need a newto help you with your personal finances. You need
windscreen?c) Go for a test drive. Not with theto be able to save money wherever you can.
stereo going all the time though, so you can hearFor details on what to look for when buying a
the car's noises.d) Work out, silently, what youused car from a private seller see my other
think you are prepared to pay as a maximum forarticle titled "How to Save Real Money When
this car. Make sure it is equal to, or less than yourPurchasing a Used Car from a Private Seller".
set limit.