Hi guys, just need some general info here.
We all know that when buying cars from dealer and paying cash, generally we have some bargaining power to ask them for the best price. But what about when buying a car from private seller?
Does those prices people advertised in carsales, etc are mostly based on the assumption that the buyer pays cash, or generally there's some room for negotiations to lower the price for those who can come up with all the money?
Also, what are the option for finance when buying second hand car through private seller? I thought I can do some googling around this topic later, but might as well raise the question here too.
Would like to hear some thoughts. Cheers.
As a seller I would only accept cash or a bank cheque, but would prefer cash. My partner sold his car recently and had 5 prospective buyers haggling over it, all offered to pay cash.