Purchasing a Second Hand Car
Buying a second hand car is a transaction which most of us will carry out one if not more times during our lives. It is also usually quite a substantial transaction, and as such is one which should be made with a good deal of consideration. When you buy a car, either new or second hand, you are doing so as a consumer, which means that the multitude of consumer legislation applies to the transaction. However, this is only the case if you are buying from a dealer or trader. If you buy a car from a private individual as opposed to a dealer or trader the consumer legislation does not apply, and the principle caveat emptor, or “let the buyer beware” applies. What this means essentially is that you are buying the car as it is with no warranties or guarantees, and if there are any defects discovered after the sale in most cases you will not have any recourse to the seller.