Purchasing a vehicle is one of the biggest financial deals most people make in their lifetime. There's a lot to think about, and making sure you get the best possible deal on your vehicle is the ultimate goal.
Here are questions to ask as well as tips you need to know when buying a car from a dealership.
May I please see the Carfax report?
This report will tell you if the vehicle has been in an accident, if there are any warranty issues, and if it's been recalled. Beware of any dealership that doesn't want you to see the Carfax report on one of their cars.
Has this car been repainted?
Look for uneven paint color or drips. It's important to check the car carefully in bright, natural light.
Do you have a clear title?
The only acceptable answer to this question is, "yes."
How many remotes and keys are included? If there's only one, can I get an additional one at no charge?
Many people are unaware of how expensive a replacement key is for some vehicles. For cars with a computerized ignition, the price can be $500 to $1,000.
Is all the original equipment like interior organizing nets, floor mats, and roof rack parts included? If not, will you provide replacements?
It's much easier for the car dealership to get you replacement accessories than it is for you to find them yourself.
Has the car passed the required safety and emissions tests?
These requirements vary by state. The car salesman should be able to speak about the process the dealership goes through to ensure that every vehicle they sell can pass the state's required tests.
Are there any dealer documentation fees or other dealer-specific fees that I should know?
Additional charges like documentation fees can get really tricky, especially for the first-time buyer. Make sure you are aware of all the fees and negotiate around the unnecessary charges.
What maintenance or repairs has the dealership performed on this vehicle?
Be sure to find out if there are warranties or guarantees on parts or service.
What financing options does the dealership provide?
In many cases, car dealerships and traditional financing institutions can't offer loans to international students. If they do offer to finance, watch out for additional fees or high interest rates. Be sure to shop around and compare the dealership or bank's rates with Boro's loans for college students.
Is there a factory warranty or dealership warranty available on this vehicle? If so, what does it cover?
If you decide to purchase the vehicle, get any warranties, promises, and guarantees about the car in writing.