Buying from dealer vs. Private seller

Thread Tools
 
Search this Thread
 
Old 09-22-2005, 10:19 PM
  #1  
Cruisin'
Thread Starter
 
MrEzKill's Avatar
 
Join Date: Aug 2005
Location: San Diego
Age: 42
Posts: 16
Likes: 0
Received 0 Likes on 0 Posts
Buying from dealer vs. Private seller

I was thinking about getting a used TSX, but I don't know if I should buy one from a private seller or a certified one from a dealer. I can't really afford a brand new one =\

I think I can get a warranty through the dealer, but does the original warranty transfer over if I buy from a private seller? I think I could save a couple grand from paying taxes if I don't get it from the dealer right? And I could use that money to pay to get it inspected right?

-ez
Old 09-22-2005, 10:34 PM
  #2  
04 remembrance
 
iamhomin's Avatar
 
Join Date: Jun 2002
Location: NJ
Posts: 5,681
Likes: 0
Received 0 Likes on 0 Posts
The warranty is transferrable.

There are many pros and cons, but if you wish to purchase from a private seller, make sure you check EVERYTHING before you pull that loan from the bank.
Old 09-22-2005, 11:49 PM
  #3  
Professional SLACKER
 
foolioness's Avatar
 
Join Date: Oct 2004
Location: Rancho Cucamonga
Age: 45
Posts: 550
Likes: 0
Received 0 Likes on 0 Posts
Price difference is a number 1 thing between dealers and private.
When you mentioned dealers, is it an Acura dealer or a local used car dealer?
With Acura dealers, they usually included the 7/100k warranty on their used cars. Local dealers doesn't.

Private sellers you can alway negotiate prices to rock bottom.

Also, if you're financing APR on private sales and dealers are usually about 1/2 %.

Hope this helps
Old 09-22-2005, 11:54 PM
  #4  
Cruisin'
Thread Starter
 
MrEzKill's Avatar
 
Join Date: Aug 2005
Location: San Diego
Age: 42
Posts: 16
Likes: 0
Received 0 Likes on 0 Posts
Yeah I meant from an Acura dealer. Would it be better to buy the car from a private seller and have it inspected by Acura? I mean, it would still be under warranty and whatnot. Also, is the original Acura warranty automatically transfered?

-ez
Old 09-23-2005, 12:32 AM
  #5  
Burning Brakes
 
AlterZgo's Avatar
 
Join Date: Nov 2003
Location: Los Angeles, CA
Posts: 950
Received 3 Likes on 2 Posts
The car will always have it's factory 4 yr 50K mile warranty (or whatever it is). You can then buy an Acuracare warranty from an Acura dealer like Curry Acura. They sell the 7 yr 100K mile warranty for something like $1,100.
Old 09-23-2005, 04:35 AM
  #6  
bluewave
 
bluewave75's Avatar
 
Join Date: Aug 2005
Location: San Francisco, California
Age: 49
Posts: 22
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by MrEzKill
I was thinking about getting a used TSX, but I don't know if I should buy one from a private seller or a certified one from a dealer. I can't really afford a brand new one =\

I think I can get a warranty through the dealer, but does the original warranty transfer over if I buy from a private seller? I think I could save a couple grand from paying taxes if I don't get it from the dealer right? And I could use that money to pay to get it inspected right?

-ez

I recently bought my 04 TSX AT Navi from a private seller after seeing the prices the Acura dealers charge for their Certified used TSXs ($25k for similar 04 TSX).

In a private sale, what kind of car you would get depends on the owner and how well he/she took care of the vehicle.

Original Factory warranty is transferrable at no charge.

As far as the extended 7yr/100k warranty goes, Cury Acura gave me the best quotes. The price of the extended warranty will depend on the mileage of the car at the time of purchase of the extended warranty. For a 04 TSX with mileage between 30,001 and 40,000 will cost $1260. They told me for mileage of 40,001~50,000 is about $120 more.

You can't get away from paying sales taxes unless you are trading vehcles of equal value with the other private party. I paid nearly $2k in tax to the DMV for my TSX.

For inspection, I highly recommend CarFAX. They were cheap ($100), fast, and comprehensive.
Old 09-23-2005, 09:56 AM
  #7  
Team Owner
 
jlukja's Avatar
 
Join Date: Dec 2003
Location: Long Beach, CA
Age: 61
Posts: 20,558
Received 5 Likes on 5 Posts
You have to report the transaction to the DMV and pay sales tax on it as well.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
le^2
5G TLX (2015-2020)
38
02-18-2021 10:44 PM
ssjkev16
4G TL (2009-2014)
24
03-08-2020 08:17 PM
ripit
4G TL (2009-2014)
9
02-26-2016 08:14 PM
brandnewcolony
3G TL (2004-2008)
53
09-12-2015 10:39 AM
kuzdu
5G TLX (2015-2020)
3
09-10-2015 08:42 PM



Quick Reply: Buying from dealer vs. Private seller



All times are GMT -5. The time now is 10:12 AM.