Buying from a Dealer vs. Private Seller

Car dealer giving car key to buyer
 

When you’re in the market for a used car around Henrico and Glen Allen, where should you turn? The two main options are buying from a dealer vs. private seller. While both have pros and cons, buying from a dealership is often the easiest and quickest path to your new vehicle. Take a look at the difference between the car dealer vs. private seller below, and start shopping today.

 

 

Buying from a Private Seller: Pros & Cons

Pros:

  • Owner Knowledge: When you buy from an honest seller, you’ll have tons of insight into the car’s performance and quirks. Your seller will have firsthand knowledge of the car’s smallest imperfections and major issues, so you can make an informed decision.
  • Niche Market: If you’re searching for something more specific or niche, the private market is a good way to go. This allows you to find more rare and historic models that aren’t as common at a dealership.

Cons:

  • No Protection: Once you sign the paperwork and drive off, you no longer have any guarantees. If the car breaks down on your way back to Goochland, you are responsible for the cost completely.
  • Unknown History: Some sellers are honest, but others are not. You might be left with an incomplete or missing service history, which can hide major problems.

Buying from a Dealership: Pros & Cons

Pros:

  • Pricing and Selection: Unlike private sellers, a dealership uses market values to determine prices. You’ll have access to a much wider range of models and prices to accommodate any budget at a dealership.
  • Service & Parts Centers: A certified dealership like Rick Hendrick Chevrolet Buick GMC Richmond also includes everything you need to keep your car in top shape, including service centers for repairs and maintenance – as well as parts centers for accessories and replacements.
  • Certified Pre-Owned Inventory: Certified dealerships also offer unique perks, which is access to Certified Pre-Owned models. These cars offer like-new quality with warranty plans at a pre-owned price.
  • Trade-Ins: If you want to upgrade your old car to another model, you can take care of your trade-in and your new purchase at the same time. This helps you save money on your next car.

Cons:

  • Financing: Some customers are hesitant of the financing process and prefer to pay in cash, as you would at a private seller. However, many customers prefer financing to break down the large cost of the car into smaller payments. And luckily, you can either finance or pay in cash at Rick Hendrick Chevrolet Buick GMC Richmond.

Shop Used Cars for Sale at Rick Hendrick Chevrolet Buick GMC Richmond!

Now that you’ve read about buying from a dealer vs. private seller, why not explore your options at Rick Hendrick Chevrolet Buick GMC Richmond? Our team can introduce you to our vast inventory and highlight our used vehicle specials, so don’t hesitate to contact us with any questions.

 

More from Rick Hendrick Chevrolet Buick GMC Richmond

  • 2022 Chevy Bolt Review Highlights

    As critical chip shortages and global supply chain issues continued to impact the automotive industry, Chevrolet did something unexpected with the Bolt EV for the 2022 model year – they cut the price. The starting MSRP for the 2022 Bolt came in thousands of dollars less than the previous years, and it has been noticed…

  • 2022 GMC Acadia Colors

      The new GMC Acadia is a stylish, family-oriented SUV with an adventurous side. For 2022, there are four Acadia configurations available to match any lifestyle, including the trail-ready AT4 and the luxurious Denali. No matter which 2022 Acadia trim you choose to bring home to Henrico, you have your pick of a long list…

  • 2022 Chevy Bolt EV Price & Configurations

    The new Chevy Bolt EV is one of the most popular electric vehicles in Henrico, known not only for its swift charging capabilities but also for its approachable price tag. Electric vehicles often require a heftier investment than their gas-powered counterparts, but the 2022 Chevy Bolt EV price starts at $32,495 MSRP, giving you a…

Hendrick Vehicle Disclaimer:
$899 Dealer Processing Fee included in advertised price.

All prices exclude all taxes, tag, title, registration fees, government fees and electronic filing fee. Out of state buyers are responsible for all taxes and government fees and title/registration fees in the state where the vehicle will be registered. All prices include all manufacturer to dealer incentives, which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice; please confirm listings with dealer.

All vehicles may not be physically located at this dealership but may be available for delivery through this location. Transportation charges may apply. Please contact the dealership for more specific information. All vehicles are subject to prior sale.

Additional Disclaimers:


Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between June 2, 2026 and July 31, 2026, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. Excludes Hendrick Performance vehicles. Finance charges begin to accrue on the date you sign the Retail Installment Sale Contract at the Annual Percentage Rate (APR) disclosed in the contract. May not be combined with other preferred lender financing offers. 75 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by July 31, 2026. See dealer for complete down payment and interest rate options and details. Financing available to qualified buyers. Some exclusions apply. See dealer for complete details. 

*Offer includes all dealer discounts and OEM incentives. Offer does not include tax, tag, title, fees, and other dealer installed options. Discount varies by model and stock number. Example stock #T28857. See dealer for details. Take retail delivery by 7/7/26. **0% APR for 60 months. Monthly payment is $16.67 for every $1,000 you finance. Example down payment: 7.6%. Must finance with GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 7/7/26. ***For Current GM Employees and Eligible Family Members who are Current Lessees of a 2021 model year or newer GM or Non-GM passenger car or truck at least 30 days prior to the lease of a new GM vehicle through GM Financial. Customer remains responsible for current lease payments. Each dealer sets own price. $249/month for 36 months. Your payments may vary. Payments are for a 2026 CHEVROLET Equinox FWD LT with an MSRP of $30,795. Based on due at signing amount of $2,969 (after all offers). 36 monthly payments total $8,964. Must show proof of lease. Option to purchase at lease end for an amount to be determined at lease signing. Lessor must approve lease. Lessee pays for maintenance, repair, excess wear and disposition fee of $395 or less at end of lease. No security deposit required. Payments may be higher in some states. Not available with other offers. Take new retail delivery by 07-07-2026.

*Length of contract limited. Must finance through GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 6/30/26. **Deferred monthly payments for 90 days. Excludes residents of PA. Must finance with GM Financial. Some customers may not qualify. Down payment required at signing, if applicable. Finance charges accrue from date of financing. Not available with lease and some other offers. Take new retail delivery by 6/30/26. ***For Current Lessees of a 2021 model year or newer GM or Non-GM passenger car or truck at least 30 days prior to the lease of a new GM vehicle through GM Financial. Customer remains responsible for current lease payments. Each dealer sets own price. $199/month for 24 months. Your payments may vary. Payments are for a 2026 BUICK Encore GX FWD Preferred with an MSRP of $27,995. Based on due at signing amount of $4,649 (after all offers). 24 monthly payments total $4,776. Must show proof of lease. Option to purchase at lease end for an amount to be determined at lease signing. Lessor must approve lease. Lessee pays for maintenance, repair, excess wear and disposition fee of $495 or less at end of lease. No security deposit required. Payments may be higher in some states. Not available with other offers. Take new retail delivery by 06-30-2026.

*Offer includes all dealer discounts and OEM incentives. Offer does not include tax, tag, title, fees, and other dealer installed options. Discount varies by model and stock number. Example stock #T28662. See dealer for details. Take retail delivery by 6/30/26. **Monthly payment is $16.67 for every $1,000 you finance. Average example down payment is 10.3%. Must finance through GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 6/30/26. ***For Current Lessees of a 2021 model year or newer GM or Non-GM passenger car or truck at least 30 days prior to the lease of a new GM vehicle through GM Financial. Customer remains responsible for current lease payments. Each dealer sets own price. $279/month for 36 months. Your payments may vary. Payments are for a 2026 GMC Terrain FWD Elevation with an MSRP of $32,195. Based on due at signing amount of $3,599 (after all offers). 36 monthly payments total $10,044. Must show proof of lease. Option to purchase at lease end for an amount to be determined at lease signing. Lessor must approve lease. Lessee pays for maintenance, repair, excess wear and disposition fee of $495 or less at end of lease. No security deposit required. Payments may be higher in some states. Not available with other offers. Take new retail delivery by 06-30-2026.

*Offer includes all dealer discounts and OEM incentives. Offer does not include tax, tag, title, fees, and other dealer installed options. Discount varies by model and stock number. Example stock #T28857. See dealer for details. Take retail delivery by 7/7/26. **0% APR for 60 months. Monthly payment is $16.67 for every $1,000 you finance. Example down payment: 7.6%. Must finance with GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 7/7/26.

*Offer includes all dealer discounts and OEM incentives. Offer does not include tax, tag, title, fees, and other dealer installed options. Discount varies by model and stock number. Example stock #T28662. See dealer for details. Take retail delivery by 6/30/26. **Monthly payment is $16.67 for every $1,000 you finance. Average example down payment is 10.3%. Must finance through GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 6/30/26.

Connect With Us

Menu

Rick Hendrick Chevrolet Buick GMC Richmond 37.6588, -77.6309.