Buying a Used Car? Don't forget to ask these questions about the seller

Have you been thinking about purchasing a Used Car? It's very important that you do your due diligence and ask the right questions in this situation. In worst-case scenarios, not asking the right questions, can lead to financial losses. Don't forget to ask these 10 important questions you must ask in your due diligence process:



About the seller questions


  • Is this a professional seller?
  • Does the seller have experience in buying and selling cars?
  • How long has the seller owned the car?
  • What's the seller's reason for selling (urgently need the cash, need to get rid of the car quick, purchased another vehicle)?
  • Does the seller appear trustworthy?
  • Has your correspondence with the seller been straight forward?
  • How is your gut feeling towards the seller?
  • Do you have anyone in your network that knows the seller and can vouch for them?
  • Is the seller coming out of the transaction with a profit or a loss?
  • Does the seller seem forthcoming and professional?

Did you know that the 101 questions to ask before buying a used car from a private seller white paper contains even more relevant questions to ask for this situation? Consider getting it today.

 
Buying a Used Car? Don't forget to ask these questions about the seller