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In Reply to: Buying a Used M3 (Dealer vs. Individual) posted by Rand on November 05, 2000 at 19:24:37:
When buying from a private seller you have to do all the homework yourself.
The two cars I picked up from dealers were in great condition with a minimum of problems.
The one car I purchased privately from a stranger I got screwed on.
I only buy cars from dealers. I pay the premium for the short warranty (required in my state on used car sales through dealers). Dealers have a reputation to protect, good dealers that is.
What are the costs involved with buying a used car from an individual? How is this different from buying from a dealership? Tax implications?? Need help quick...I'm no accountant.