Q:

Are cars for sale by owners cheaper than used lot cars?

A:

Quick Answer

Purchasing a car from used car lots is generally more expensive than purchasing from a private owner, states the DMV. Buyers also have less room in negotiation when purchasing from used car lots and must deal with professional sales teams that are reliant on commission.

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Full Answer

There are advantages to purchasing a car from a used car lot or dealership in spite of the generally higher prices, claims the DMV. Unlike private dealers, car dealerships and used car lots must obey operating and selling procedures to minimize any risks to the buyer. In addition, car dealerships and lots usually offer financing options and warranties. Most vehicles sold in cars lots and dealerships are inspected by certified mechanics, and consumers can contact the dealership if any problems arise.

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