Should I Sell My Car to a Dealership or Privately in Indiana?

People who want a used car near Indianapolis and Frankfort, you’ve got two choices: you can buy privately or buy from a dealership. While a lot of car owners purchase their used vehicles via a private party because they think they’ll get a good deal, that’s not always the case. You might be able to get a good price, but there are hassles that the price might hide. We suggest coming to the dealership when choosing between a car dealer vs. private seller. Learn more about the buying from a dealer vs. private seller question with Lafayette GMC!

Buying from a Private Seller: Pros & Cons

Pros:

• Owner’s Perspective: Private sellers have first-hand knowledge of what’s going on with the vehicle they’re selling. If they’re being honest, you’ve got a good knowledge base.
• Niche Market: If you’re looking for something specific, such as a rare or antique vehicle, you’ll be able to find it best going to a private party.

Cons:

• No Coverage/Protection: If you buy a vehicle from a private seller, you’re on your own if it breaks down. If it breaks down on your ride home, you’re responsible for the bill! Meanwhile, car dealerships often offer a warranty on a used car.
• Iffy-at-Best Service History: You’re also flying blind with the maintenance record on your car. It could be years since it was last maintained.

Buying from a Dealership: Pros & Cons

Pros:

• Competitive Prices/Wide Selection: When questioning buying from a dealer vs. private seller, dealerships price their used vehicles according to market values.
• Service & Parts Centers: If you buy from the same make that a new dealer sells, you can take part in their service and parts centers.
• Certified Pre-Owned Inventory: Another car dealer vs. private seller comparison that breaks down in favor of the dealer is the presence of CPO vehicles. They’re like-new vehicles at a closer to used price.
• Trade-Ins: We’ll help you value your trade so you can exchange vehicles in one place and with one step.

Cons:

• Financing: Most car shoppers who purchase cars from the dealer finance their purchases, and some people see this as a negative when comparing buying from a dealer vs. private seller. However, if you can’t pay in cash, financing is a great option to be covered.

Shop Used Cars for Sale at Lafayette GMC!

Value your trade with us if you want to exchange vehicles in one convenient process. Do you have more questions about the car dealer vs. private seller or how to sell us your car? We’d love to walk you through it in person in Lafayette, near Delphi.