What to do when buying a car
If you decide you want to buy the car, remember to keep your max budget in mind at all times. Here are some tips on what to when when buying a car:
Agree price and terms
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- Agree the trade-in and purchase price and be sure to understand everything that includes
- Agree the finance amount if relevant, taking into account deposit, interest rate, length of contract and any fees and charges
- Double-check finance terms like mileage caps and contract and payment dates
- Check if there are any servicing plans you could take out
- Agree the deposit amount
- Understand the waiting time for the car and agree the collection date
Trade-in your old car
- Always check the market trade-in value before you start negotiations so you know how much you have to play with
- Make sure to take along all car documents like the service history and MOT certificate
- On the day, remove all items from your old car before handing it over
- Fill out the V5C documents for your old car – the dealer will help you with this
- Send your old car’s V5C document to the DVLA to say you no longer own it
- Apply for a tax refund on your old car if applicable – the DVLA will refund tax on any full months remaining
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Read our blog on how to get the most money for your used car.
On collection day
- Arrange car insurance from collection day and cancel your previous policy – many insurers will simply switch the cover
- Pay the full balance, get a receipt and you’re ready to go!
- Keep all paperwork from the deal, including finance, warranty and other documentation
Following the purchase
- Call the dealer immediately if there is any issue or problem with the car
- Most importantly, enjoy driving your new car!
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Hopefully, this car buying checklist will help you understand what to consider at each step of the journey and all you’ll have to worry about it where to drive your car first and who to show it off to.
Here at Jardine Motors, we sell 23 car brands at over 70 dealerships around the UK. Browse our range of new cars and used cars online or get in touch with our dealers to arrange a test drive.
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Source: https://t-tees.com
Category: WHEN
