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Should I pay cash for a car through a private seller or should I go to a dealership to buy a used car?
"My friend wants to sell me a used car, but wouldn’t it be safer to buy a used car through a dealership? My friend is selling his car for a fair price and I can afford it, but I don’t know much about cars and don’t want to get stuck with a lemon."
Johnny Puckett · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Unfortunately, used cars do not come with a warranty unless you buy an
extended warranty
. This means that it doesn’t really matter who you buy from; the risk is the same. Instead of paying a premium to a dealership, have your friend’s car checked by a mechanic and buy it if it all checks out. Also you should always pay cash if you can. No need to pay interest if you don’t have to.”
View full answer
- Gregory R.
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