jus wonderin loozers n hotties!
2007-02-07 07:45:02 · 11 answers · asked by soccerchic_1618 1 in Cars & Transportation ➔ Buying & Selling
The moment you drive off the lot the value of the car goes down because it is considered previously owned or "used."
2007-02-07 07:49:26 · answer #1 · answered by SaintsFan 3 · 2⤊ 0⤋
A car is new until you drive it around the block after you financed it. A couple grand is knocked off right there. Now then, if something happens to it, right after you buy it , it should not cost anything to fix it because it is under warranty. As far as insurance, if it is totaled, it can be equally replaced as long it was full coverage.
2007-02-07 07:58:54 · answer #2 · answered by LINDA D. 5 · 0⤊ 0⤋
i am a finance director for a dealership. once the papers are signed it is officially sold. but you have to take delivery of the vehicle from their lot. if you never take delivery, its not yours. the final call is when the vehicle is titled. i can put a car in demo status and have someone drive it for months and put 3-4k miles on it and its still a new vehicle because it hasnt been titled.
2007-02-08 01:43:37 · answer #3 · answered by ridgwayaz 2 · 0⤊ 0⤋
The car is technically new until you S.I.G.N. the papers in the Finance Manager's office. You don't even have to drive it.
Once the ink is on the paper, it is now SOLD and therefore "used".
2007-02-07 07:53:24 · answer #4 · answered by rob1963man 5 · 1⤊ 0⤋
As soon as you sign the sales contract, it is considered used. How'd you know I was a hottie?
2007-02-07 07:50:53 · answer #5 · answered by J.R. 6 · 1⤊ 0⤋
as soon as you sign the last letter on the contract the car is used.
2007-02-07 08:00:28 · answer #6 · answered by Here Kitty Kitty!!! 4 · 0⤊ 0⤋
as soon as you sit you azz on the seat it is second hand woo hooo hope you got yourself a nice new car
2007-02-07 07:48:37 · answer #7 · answered by ? 7 · 2⤊ 0⤋
Its new until you drive it off the dealer parking lot.
2007-02-07 08:43:04 · answer #8 · answered by gary t 4 · 0⤊ 0⤋
hahahaha probably 5 seconds after you leave the lot.
2007-02-07 07:50:08 · answer #9 · answered by hero3k 2 · 1⤊ 0⤋
until You drive it away from the showroom...then it's used...that's why cars with delivery milage only get discounted.
2007-02-07 07:49:51 · answer #10 · answered by Devmeister 3 · 1⤊ 0⤋