used car from owner?

Question

when you buy a car from an owner and it says like price-$5000 . do they let you pay it in parts or do you usually have to pay it all cash at the moment

Answer 1

You should never conduct an installment sale with a private seller, even if they are a friend or relative.
There is too much risk for both parties.
For your question, a private seller will want payment in full. If not I would be very suspicious, as I mentioned above.

Answer 2

The seller will want a full payment. If you are selling then you should insist on full payment.

By taking partial payments the buyer will assume certain warranty or at least with hold future payment when the car breaks down. This is almost guaranteed.

If you are buying and you don't have enough money, you would have to get a loan from your family or a bank.

Good Luck.

Answer 3

You should always pay the agreed price to the seller, even if they are willing to "work with you" on it.

If you need to pay in installments, get a loan from a bank or credit union and get a check to pay the seller.

Answer 4

I believe the vehicles through homeowners will have to be less expensive than the ones through purchasers --- That indicates you that the majority individual dealers don't discover how badly their excrement on the market stinks. That does no longer make purchasers such a lot larger, brain you...