Used Car Sales on the Rise in the UK

In the midst of the recession, there are finally some positive economic signs with regard to the auto industry in the UK. According to recent reports, in October there was a 31% increase in sales from the previous year.

While this is undoubtedly good news for the UK economy, what’s really interesting about this story is who’s buying and selling the cars. Again, according to recent numbers, sales from private sellers shot up by more than 86%.

What exactly does this mean? Well, if you now anything about used car sales , then you surely know that the best deals to be found are in the private market. Why is this? Really, there are several reasons.

First and most importantly, private sellers rarely offer buyers full or partial warranties, as many dealerships do. These warranties guarantee buyers a certainly level of security and protect them from the dreaded used car lemon.

As we mentioned, when buying in the private market, shoppers are able to purchase cheaper cars that are less secure. However, these vehicles are obviously quite attractive to people who are looking for bargains. That is one reason why we have seen such a sharp increase in private car sales.

If you are thinking of buying a vehicle from a private seller, make sure you do your homework. Do not sign anything if the seller will not agree to have the car inspected by a professional mechanic. Also, make sure all of the documentation checks out and that the person who’s selling the car actually owns it.