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Question:
I am in the process of buying a house in Cyprus and will be
moving out there this year. Have you any suggestions as to
where to look when buying a car, buying from a dealer or
buying privately, which is the best?
Answer:
Next to buying a home,
buying a car is in all probability the greatest
purchases you'll make and should be a pleasant
experience. When evaluating where to purchase your car,
think of what you are looking for in a vehicle and what
kind of risk you're comfortable with before choosing
where to buy.
There are a lot of cars for sale privately and can be
sourced through internet internet sites - newspaper
classifieds - word of mouth (locals, expat grapevines
and of course that nice man sitting at the bar). The
rule of caveat emptor, or ‘buyer beware’, operates.
When buying from a private individual there is
inevitably less legal protection than buying from an
established, authorised and licensed new and used car
dealership.
The risks of buying through a private individual are: -
You may be dealing with a "curb stoner." (A person who
buys and sells cars on the street or “at the curb”
without a license for a profit) You have no recourse if
you buy a bad car (other than to sue through the courts
and that, may even be your new best friend expat).
You're stuck, in most cases, if you find
the milometer has been fiddled with - You'll run the
risk of loosing the
car and your investment, if the car you purchase later
turns out as having been stolen, still subject to an
hire purchase agreement, or no longer qualifies for duty
free status, whether the seller was
involved in the crime or not.
Buying a (Nearly) new low
mileage car from a well established new and used car
dealership in Cyprus could easily prove to be the most low
risk option.
Established new and used
car dealerships appreciate new customers and a good
dealerships will not only provide a courtesy car
until they have taken care of all the
necessary registration documentation to get you on
the road - many will even offer a guaranteed buy-back
facility.
Anyone thinking
about a move to Cyprus within the next 12 months should
start
researching new and used car prices ect. now!
As well as developing a feel for the market and
building up a relationship with a dealership you will
discover what services they offer and "what they can
do for you"
Tips:

It is advisable to purchase new or
used cars through an
established and reputable dealership - this way you will
benefit from the dealerships customer relationship programme
as well as being protected under the consumer protection sale
of goods Act.
It's not
really a good idea to buy
a car from a private source, or from
an unregistered car dealer as the only course of action
open would be to sue the seller through the courts
should anything go wrong.
It really is all
a matter of which you prefer, but the above tips &
reflections will hopefully give you a better idea of
which way to go when looking for your new or used car.
We set up our "Car
Finder Service" to help you ... give it a
Click!
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