Got the loan...now what?
March 9, 2009 5:37 PM Subscribe
So remember when I asked about getting a car loan
? Well, I got one (yay!). Now I've been to a used car dealership and found the perfect car (yay!). Only that's not the end of the story...
posted by thatbrunette to Shopping (14 answers total) 3 users marked this as a favorite
I laid out my budget restrictions to the dealership, and had a test drive with a great little car (Chevy Aveo). I was happy, they were happy, I went home to get my loan paperwork. By the time I came back, they were hemming and hawing and telling me that they simply couldn't sell the car for what they had told me and that I'd have to pay $1,000 more. Since I refuse to be strongarmed I told them I wouldn't be buying a car from them, and left.
Flash forward to now, when I have found another Aveo being sold by a private seller. The carfax report checks out, I'm going to test drive it this week. But I'm nervous to be buying from a person and not a licensed dealer... I already know that I love this make/model of car, that it's right in my budget, and that it will suit me best for what I'm looking for. Is there anything else I should ask in this situation, since it's private seller and not a dealer? Any warning signs or red flags to look for? What is the (if any) recourse I can take if this car breaks down a week after buying it?