Used car buying tipsJune 29th, 2011 at 11:52 am by Jamie under 10 On Your Side
Buying a used car can be a very stressful time for many people. Oftentimes consumers will search the internet before purchasing a vehicle in hopes of getting a better deal online. Craig’s List and Ebay have become very popular websites for car dealers to place advertisements for used vehicles.
Earlier today the VA Dept of Motor Vechicles announced the arrest of a Newport News man who was selling motor vehicles on Craig’s List without a salesperson’s license. In response to the situation DMV released a number of steps consumers should take prior to buying used cars:
• Ask the seller to provide the title for the vehicle; not providing the title could indicate the vehicle has liens against it.
• Make sure the title is in the name of the individual who is selling the car. Ask to see the seller’s driver’s license for verification.
• Ask to see the vehicle registration card or paper from DMV and check to see that the vehicle description and plate number match the car you plan to purchase.
• Create a written contract including sale price, car condition and method of payment, after a price for the vehicle is agreed upon.
• Get the contract notarized while both parties sign it.
• Never pay for a vehicle or vehicle down-payment with cash.
• Verify that the person who signs the contract is the actual owner of the car by comparing the owner’s name on the title to the seller’s identification.
Consumers should always check the reputation of the seller and look for customer reviews about the seller. Also, remember you should never give the seller your street address and test drives should always be arranged in a public place during daylight hours.
For a complete list of used car buying tips, click here to visit the DMV website
* Source: VA Dept of Motor Vehicles