There are so many questions one has to consider when shopping for a vehicle. The process can be frustrating, time consuming, and a huge headache! And not to mention making an actual decision on what dealership to buy from or what car to get. However, it does not have to be such a dreadful experience. Here are 7 questions one can ask to make sure the process is much easier and smoother.
1. Does the dealership offer in-house or out of house financing?
Knowing what kind of financing a dealership offers can be helpful for many reasons but it all leads back to one main thing, credit scores. For someone who has good credit and is not worried about building their credit at the moment, either type of financing will work. For people who have little credit or no credit an in-house financing dealership can be more beneficial because they typically do not run credit checks.
2. What are the dealerships requirements to purchase a vehicle?
All dealerships have a set of standard requirements to purchase a vehicle. These requirements include proof of employment, a legal photo identification, and a list of references. However, dealers may ask for additional information, for this reason it is good to know ahead of time what one will need to purchase a vehicle.
3. Do they offer flexible payment schedules?
Typically, car payments work like any other set of bills we have, on a monthly bases. Now, while this can be easy to remember it can also be overwhelming to pay all of our bills at once. In order to help customers out some dealerships will offer different payment schedules like weekly, bi-weekly, and monthly.
4. Is the vehicle you are interested in Clean Title or Rebuilt Salvage?
Although dealerships have to inform their customer if a vehicle is rebuilt salvage it is always a good idea to verify this information from the start especially if there is a preference. This can also help determine what your insurance payment will be like and if they will cover the vehicle.
5. Does the dealership ask for full coverage insurance or liability?
There is no standard procedure on what type of insurance a dealership can ask for when purchasing a vehicle. This decision is strictly based on the dealerships preference. The dealer may take into consideration the price of the vehicle, the customers credit history, or any previous history they may have with the customer.
6. What is the vehicles maintenance history?
This one is extremely important. The vehicles maintenance, both previous and current, will determine how reliable the vehicle is and if any issue will arise in the near future. To get a clearer picture of the vehicles current history one can also have the vehicle checked out by a trusted mechanic.
7. Does the vehicle come with warranty and if so what does it offer?
It is normal to be concerned about possible maintenance issues when purchasing a used vehicle. To ease this concern ask the dealer if they included a warranty or if they have one available for purchase. One should also know what the warranty covers and for how long.
With these 7 questions at your fingertips, you can be sure to cover all the basics before making your final purchase decision.
In the end the most important thing is to feel confident in your decision. As long a you ask question, take your time and consider all of your options the process should be hassle free.
What did we miss? What are some questions you’ve asked that were helpful in making a vehicle purchase?