I would like to purchase a car but i don't know what i need to have in place
2006-11-02 05:13:11 · 12 answers · asked by lovely 1 in Cars & Transportation ➔ Buying & Selling
Good credit score over 700.
Down payment like 2G.
A good job.
Bend over and prepare to get screwed.
Never buy a new car........buy a used car and save.
Do your research and learn how they play the game of car selling/buying. You will save a lot of time, aggravation and money.
2006-11-02 05:24:31 · answer #1 · answered by Captain Tomak 6 · 1⤊ 0⤋
Many companies with their own finance packages have "first time buyer" deals. These usually have to be for new cars, not used. Also many credit unions have a first time buyer program - if you are not a member now, find one you would be eligible for and join it. Also many credit unions have pre-negotiated deals with your local dealer that will get you a car at a fair price. If you don't know where a credit union is, you can search for one at the URL below. Often you can join just by living in a certain city.
If you do not have a credit history your parents or someone else will have to sign as an underwriter for your loan.
Remember that the cost of owning a car is not just buying the car. You will have to have insurance, so before you buy anything for yourself check to make sure that you can afford both. If you are under 25, your insurance can cost more than your car.
Other than that, what you need paperwork-wise may vary by state. You may need a proof-of-paystub along with other paperwork. The dealer will be able to tell you all you need. Don't be in a hurry - look at a car one day, buy later. Funny how the price may come down.
2006-11-02 05:59:47 · answer #2 · answered by kramerdnewf 6 · 0⤊ 0⤋
I am a female car salesman and I will shoot it to you straight. If you dont have any credit or not so great credit, that doesnt mean you wont get approved, it just means you will pay a higher interest rate or need a co-signer.
Have a valid drivers license, proof of your income(within the last 30 days), proof of your residence(some type of bill that comes to your address in your name or a bank statement) and proof of insurance.
Find a vehicle that you really like, dont settle for what they say you have to have. Do not let anyone push you into anything or saying yes if you feel uneasy about it.
Make sure you have a budget in mind and stick with it. Do not worry so much about the price as much as you do about the payment. You dont know what the interest rate is going to be, so price isnt as much a factor in the beginning as you may so. A lot of people say I want a $200 payment so I want a $10k car. You have to think about tax and titleing fees that also go into that payment.
Lastly, find someone you trust to work with and take someone you trust with you. Especially if you dont like to negotiate.
2006-11-02 06:22:58 · answer #3 · answered by chevroletgal06 1 · 0⤊ 0⤋
You should be very care full when you negotiate the price of the car. especial ask them the deals you get. tell them you will not pay the frieght charges normally they charge you 1500 to 2000 dollars. tell them it is their duty to ship the car to the cutomer and why you should you that amount . tel them clearly i dont need ur car, if they dont waive that fee. and also them how much discount you are going to get if you pay it in CASH. or otherwise also tell them if i take finance how much discount you will get. if you can negotiate these very well you 'll get agood deal. these dealers will rob your money when you buy a car. Dont show that you are very desperate in buying the car. show them that if they give discount you'll buy otherwise you dont care and you'll go to another dealer.
2006-11-02 06:25:03 · answer #4 · answered by Diyya S 2 · 0⤊ 0⤋
My husband sells cars. I know that you can get your money back. They are just trying to scare you. They will do anything to make you get the car. Does it say no refund on the paper? If not, you can get your money back. I am almost positive. I remember my husband saying that he doesn't count any car he sold until it is driven off the lot. Good Luck!!
2016-03-28 04:45:47 · answer #5 · answered by Anonymous · 0⤊ 0⤋
hey lovely, go to a dealership that you know, and trust. even if it is out of the way. bring in info that will help you and the dealership get you a vehicle. some of those things are a recent paystubb, insurance info, drivers license, and possible a co-signer. if all else fails, call me. i sell new and used vehicles in N.E. Indiana. 800-826-2888. good luck, Jason
2006-11-02 05:50:33 · answer #6 · answered by J P 4 · 0⤊ 0⤋
License, insurance, and money or good credit. Do your homework before you go to the dealers.
2006-11-02 07:24:36 · answer #7 · answered by ? 7 · 0⤊ 0⤋
Best and easiest way to buy a car, is with cash. You will need absolutely nothing but your wallet. (if you want to test drive it though you will need your drivers license)
2006-11-02 05:41:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You should have drivers license, proof of insurance, know your financial info(credit card debt, etc), list of references.
2006-11-02 05:15:55 · answer #9 · answered by momofmodi 4 · 0⤊ 0⤋
Know what you want to pay and walk away if they won't deal.
2006-11-02 05:18:20 · answer #10 · answered by waggy_33 6 · 1⤊ 0⤋