How to Avoid Scams When Buying a Car in the Classifieds
Buying a car can be expensive. Even the most reasonably priced cars can still be out of budget for some people, simple due to the nature of it being a major purchase. Shopping at used car dealers in RI can help people save money, but others try to save even more by looking for their next car in the classifieds. Unfortunately, this is a risky endeavor since many unscrupulous individuals sell there to try to take advantage of others.
Here are a few things you should do to avoid scams when trying to buy a car in the classifieds:
Get Your Own Inspection
Before you hand over any money for a car you want to buy from the classifieds, you should have the car inspected. Take the car to a mechanic you trust and
have it thoroughly evaluated. Get a full report on any repairs or adjustments the car needs now, as well as any lingering issues that could soon become problems. You’ll quickly learn if the car you are trying to buy is a lemon. If the car only has some minor issues, you can use that information to negotiate for a lower price.
Use an Escrow Service
You really have no protection for your purchase when you buy a used car from the classifieds. If you pay with cash, you have no record of the transaction. If you pay with a check, there is no guarantee that you could get the money refunded if you have a problem. The only reasonably safe option is an escrow service. The money will be held on your behalf until you have a chance to fully inspect the car and ensure that it was a good buy.
Shop at a Used Car Dealership
Unfortunately, there’s really nothing you can do to have a transaction that is 100% safe when you’re shopping in the classifieds. You have no protection, and you are simply relying on the person’s good word in most situations. You could easily lose a lot of money. The only real way to protect yourself is to shop at a local used car dealership. Shannon Motors, one of the top used car dealers in RI, offers competitive pricing on quality used vehicles. With our low pricing and our flexible financing options, you are sure to find a vehicle that fits your budget. Plus, you’ll enjoy the guarantee of shopping from a reputable dealership that sells certified vehicles.