Buying a Car from a Friend on Friendship Day! Should you do it?
Articles | Glossary | RSS Feed | Sitemap
Online Auto Financing Company Car Loans How It Works About Us FAQs Calculator
Useful Tips for making Private Party Car Purchase
 
DRIVE YOUR DREAMS!
Get your Car Financed in Minutes...
100% Secure Website
High Approval Rate!
All Credit Types are Welcome!
  Get FREE Car Loan Quotes!
Coverage in 48 states
Instant car loan approval
100% FREE online quote
Private party used car sales
Non-Dealer car purchase
Low income auto financing
Low interest rates available
College student car loans
Flexible car loan terms
Private party auto lenders
Buy a car from an individual
Private Party Auto Financing Program - Apply NOW!
Buying a Car from a Friend on Friendship Day! Should you do it? HOME
 

Friendships are special bonds that are golden and are required by one and all. And, Friendship day is the perfect way to celebrate that bond. You may believe that buying a car from a friend may be easier than shopping from a dealership or a private seller. It is true that the entire process of buying a used car becomes simple if your friend possesses an automobile that matches your exact needs and budget. However, you need to ask yourself certain questions before purchasing your desired car from a friend.

Ask & Assemble Information before making the Car Purchase

The following questions will give you a clear idea that will assist you in knowing if buying your next car from a friend is a wise decision or not.

1. Don’t be shy. Ask: Is it a lemon?

Friendships and relationships can make certain things difficult to execute, for instance questioning the functionality of the car. However, you need to remember that you are investing a good sum of money, time and effort into buying the car. So, checking its viability is imperative. Test drive the car on your own, check all the technical features and ask expert advice from your local mechanic to know if the car is in good shape. You should ask for a vehicle history report that will give you the satisfactory answers and transparency regarding the functioning of your friend’s automobile. Running a history check does not mean you don’t trust your friend’s word but it surely protects you from buying a lemon. Therefore, once you get a positive response on the history report, you can proceed to purchase your friend’s vehicle.

2. Look Ahead, Inspect. Is the Title under your Friend’s Name?

Prior to your purchase, you need to do the ground work and get all the information about the car. Inspect and gain knowledge regarding the ownership of the vehicle. Make sure you know if the car has been completely paid off or if your friend still owes money to the lender. Carefully scrutinize the title of the automobile for outstanding liens. If the car has a salvaged title, it has sustained damages and might not be a wise purchase. Do not forget to check the title of the car before money exchanges hands.

3. Be Practical, Enquire: Is the Deal worth the Money?

Ascertaining the correct price for any purchase decision is an important task. A friend will not cheat you but it is best to know everything before purchasing your car. Shop around various dealerships and private sellers to know if you are getting the best price for your car. Obtaining the best car price from the dealership will give you a great leverage during negotiation process. Once you are completely satisfied with the price, make & model of the car, go ahead and make the purchase.

Be Wise & Purchase Right

Once you have everything in place, obtain your bill of sale and check for its accuracy. Being one step ahead and having clarity before you freeze the car buying deal will help you in making the right decision. Therefore, be wise and come prepared when you sign the deal with your friend to buy your next dream car.

Have you made a decision about buying a car from your friend? Give us the opportunity to take care of the financing part. Get in touch with us and obtain the best deals on private party auto loans. Enjoy guaranteed auto financing by applying now.

 

Bad Credit Car Loans | New Car Loan | Pre Approved Auto Loan | No Cosigner Car Loan | Low Rate Car Loans | First Time Car Loan | Guaranteed Car Loans | Easy Car Loans
Used Car Loan | Blank Check Car Loan | No Credit Car Loans | Bad Credit Car Title Loan | Subprime Auto Loan | Bad Credit Car Refinance | Student Car Loans | 0 Down Car Loans

Copyright © 2008-2018 RapidCarLoans.net. All Rights Reserved.

Coverage: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Email: finance@rapidcarloans.net