Why Buying From a Private Seller May Not Be the Best Option for You

You’ve been browsing used trucks for a while now. Whether you have an exact model in mind or are considering anything that meets your needs, you’ve been keeping an eye on what’s out there. Typically, there are two options for buying a second-hand pickup truck: buy from a dealer or buy from a private seller.

Drivers often consider buying from a private seller because it seems easier and less expensive. The guy down the street with a truck for sale doesn’t have the same overhead as an auto dealer, and the used trucks on craigslist most likely won’t come with a hardball negotiation. Ultimately, you feel like it’s a more level playing field.

While buying your next pre-owned workhorse may feel like there’s less hassle involved than buying from a dealer, it’s not as risk-free as you’d like it to be. In fact, skipping the dealer could put you in hot water down the road.

Disadvantages of Buying From a Private Seller

There are definitely some potential advantages of buying your next truck from someone directly. Of course, there are some disadvantages as well. These may not be deal-breakers for you, but they are items you should consider.

Paperwork: When you shop at a dealership, your sales advisor or finance department will take care of all of the necessary paperwork for you: title transferring, registration, financing, etc.

Protection: Private sellers can’t really offer warranty coverage. Buying from a private seller means buying the truck “as is.”

Certified: Only official dealerships can offer certified pre-owned vehicles. CPO programs often come with certain assurances and warranties.

Financing: Private sellers can’t really offer loans. You’ll be on your own to either secures the necessary cash or loan from somewhere else.

Avoid Getting Scammed

One of the biggest regrets people have when they shop for used trucks from private sellers involves scams. There are several common scams that you can watch out for, but new grifts are being invented every day.

Curbstoning

Sometimes unlicensed dealers will attempt to sell their used trucks pretending to private sellers. This practice is called curb stoning and is illegal in most states. If someone starts the sale process by being dishonest about their status, there’s a good bet they won’t be honest about everything else.

One of the best ways to detect if someone is curb stoning is by calling the advertised number. Just mention that you’re calling about the truck for sale. If they ask you which one you’re calling about, it’s a good sign that it’s not legit. You may also notice that these folks know way too much about titling, registration, etc.

Title Scams

It’s crucial that you only buy trucks that have a clean title. If the seller can’t immediately transfer the title to you, it should raise a large red flag. If the seller claims not to have the title, it could be because they’re hiding something: salvaged title, flood damage, stolen, used as a taxi, etc.

Identity Theft

Buying and selling cars means sharing quite a bit of personal information. If the seller requires getting tons of information from you before the sale actually takes place, it could be an identity theft situation. For example, a lender or dealership may use your social security number. A private seller has no need for that bit of information.

Sometimes Its Worth Paying a Little More for Peace of Mind

While auto dealers may have to charge a little more to cover their overhead, like staff, repairs, cleaning, etc., it might be worth it to avoid the headache. Auto dealers have come a long way, so you won’t run into the same sales sharks and high-pressure situations.

Weight your options and make the decision that is right for you.