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The next time you are in the market for a car or truck, you can do one of two things: either browse the classified ads in your local or regional newspaper and check out what is being offered by private sellers, or visit your local automobile dealers. There are up sides to both approaches, as well as a few down sides.

When dealing with a private party, there’s usually much more room for negotiation on price. This is especially true these days, as there is a glut of used cars on the market – and not too many buyers, as people tend to hold on to their vehicles since the speculators and Wall Street firms essentially drove the U.S. economy into the proverbial ditch and our corporations have sent most well-paying jobs to China. The bottom line: you can get a heck of a deal when buying from a private party.

Here’s the downside: when you purchase a car from a private seller, it’s on the old principle of “caveat emptor,” or “let the buyer beware.” You should definitely research the vehicle you are considering and ask to have it inspected by a trusted repair shop (most auto shops offer this service for around $45). If the seller is reluctant to do this, it’s time to go visit some automobile dealers.

In most states, you are protected if you purchase a used vehicle from an automobile dealer and it turns out to be a problem. Now, if you are getting a new car right off the lot, this isn’t usually an issue; virtually all new cars are covered by a manufacturer warranty for at least five years or 50,000 miles. However, this is not usually the case with “pre-owned” vehicles. However, an automobile dealer in used cars must (in most states) clearly state that the vehicle is sold “as is” or if there is a warranty available.

You can also ask to take the vehicle to a third party for inspection and ask for a complete vehicle history that will disclose whether or not the vehicle has ever been in an accident, and usually what service and maintenance has been done.

Sifting through the Internet for a reliable resource on automobile dealer supplies in panama city won’t take up your time anymore!

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