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.

 

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Hendrick Vehicle Disclaimer:
$899 Dealer Processing Fee not 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 March 3 2025 and April 30, 2025, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. 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. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by April 30, 2025. See dealer for complete down payment and interest rate options and details.

*Length of contract limited. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25. **Based on MSRP of $29,495. MUST BE A CURRENT OWNER OF A 2011 MODEL YEAR OR NEWER NON-GM VEHICLE OR A CURRENT LESSEE OF A 2020 MODEL YEAR OR NEWER NON-GM VEHICLE FOR AT LEAST 30 DAYS PRIOR TO NEW VEHICLE SALE. Not available with lease and some other offers. Take new retail delivery by 4/30/25. ***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 4/30/25.

*Monthly payment is $15.15 for every $1,000 you finance. Example down payment: 18.8%. Must finance with GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25. **Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between March 3 2025 and April 30, 2025, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. 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. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by April 30, 2025. See dealer for complete down payment and interest rate options and details.

*Limited availability at GMC EV dealers. Monthly payment is $16.67 for every $1,000 you finance. Average example down payment is 12.1%. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25. **Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between March 3 2025 and April 30, 2025, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. 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. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by April 30, 2025. See dealer for complete down payment and interest rate options and details.

*Length of contract limited. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25. **AVAILABLE ON THE TURBOMAXTM ENGINE. MUST BE A CURRENT OWNER OF A 2011 MODEL YEAR OR NEWER BUICK OR GMC VEHICLE OR A CURRENT LESSEE OF A 2020 MODEL YEAR OR NEWER BUICK OR GMC VEHICLE THROUGH GM FINANCIAL FOR AT LEAST 30 DAYS PRIOR TO NEW VEHICLE SALE. Not available with lease and some other offers. Take new retail delivery by 4/30/25.

*2.9% APR for 36 months. Finance charges accrue from date of financing. Deferred monthly payments for 90 days. Monthly payment is $29.04 for every $1,000 you finance. Example down payment: 17.8%. Must finance with GM Financial. Down payment required at signing, if applicable. Not available in PA. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25.

*Monthly payment is $16.67 for every $1,000 you finance. Example down payment: 11.4%. Must finance with GM Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 4/30/25. **Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between March 3 2025 and April 30, 2025, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. 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. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by April 30, 2025. See dealer for complete down payment and interest rate options and details.

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Rick Hendrick Chevrolet Buick GMC Richmond 37.6588, -77.6309.