How to Purchase a Car From an Individual

Purchasing a car from an individual can prove less stressful than buying from a dealership. Dealerships might inflate the price of cars, and some salespeople employ pressure tactics. But before buying a car from a private party or individual, know what to expect.

Instructions

1

Apply for financing; go to your bank or credit union and get pre-approved for an auto loan.

2

Research Kelley Blue Book (kbb.com) once you have a car in mind. Check the retail or market value price of the car. This provides a price point to begin negotiating a price for the vehicle.

3

Ask if you can have a mechanic look at the vehicle. Bring a mechanic with you to test-drive the car. Have the mechanic inspect the car to assess the condition of the vehicle. Exercise caution and think twice about buying the car if the seller doesn't permit an inspection by a mechanic. The car might require serious repairs, which you're required to pay for after making the purchase. Follow your instinct and walk away from suspicious situations.

4

Get the car's vehicle identification number and get a Carfax report to check the vehicle's history.

5

Make an offer and begin negotiating with the buyer.

6

Schedule the loan closing if you are using a bank to finance the purchase. At closing, sign your loan documents and transfer ownership of the car.

7

Take the title to the Department of Motor Vehicles to pay your sales tax and register the vehicle under your name.