How Do You Buy A Used Car From A Private Individual?
Have you ever wished you could buy a car and did not have to put up with car salesmen and their “haggling?” Say no more, follow these steps and you’ll be on the highway in no time. Contact your credit union and obtain the latest rate information. Speak with them about your automobile goals. For example, “I’d like to buy a car from a private individual, and I can afford $150 per month. What kind of interest rate / term of loan does that look like?” Submit a loan application if necessary to determine your spending limit. Find your vehicle. Scour www.craigslist.com and the local newspaper classifieds. Go to the website www.nada.com and use this to get an approximate value of the vehicle you want. This should be a target amount for sellers to price their vehicle. After finding several vehicles that all fit your requirements, call sellers and ask to come take a look at their vehicle. You know you already like the make/model of the vehicle, so go look at the CONDITION. Are the tires worn? Is