What documents do I need to buy a car?

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Buying a car is a big financial investment. To ease the burden of such a big expense, you want to make sure you’re getting a good deal.

The good news for anyone looking to buy a car in the coming months is that this time of year is a great time to buy a car. December is one of the best months to buy a car as dealers try to meet sales quotas and come up with better deals to move inventory.

But if you want to take advantage of these offers, you must have several documents with you to buy a car. Save yourself the time and hassle of making an extra trip to the dealership by bringing these five essentials with you when you buy a car.

Your driver’s license

It might sound like a no-brainer, but dealers should know that you are legally licensed to drive. Without your driver’s license, you won’t be able to get your car out of the parking lot or take a test drive. Before you go, make sure your license hasn’t expired, so you don’t have to wait to take your new car for a ride.

Proof of address

If you are buying a car from a dealership, you will also want to bring proof of residency, especially if you have moved within the past year. Good proof of residency includes utility bills or your rental or mortgage contracts. It verifies the address on documents, so dealers know where to send invoices for your monthly payments.

Proof of insurance

In most states, proof of insurance is required before you can drive your new car off the lot. So, bring your current auto insurance information with you when you go to buy a car. You can call your insurance company ahead of time and let them know that you will be adding a vehicle to your policy to speed up the process.

Have your payment method

Of course, you won’t take your car anywhere if you don’t pay for it. So be sure to bring any form of payment, cash, check, or loan with you to the dealership. If you need money for a down payment, you can get money for your old car from a car buying company like CashCarBuyer.

If you are going to trade in your old vehicle at the dealership to help pay for your new car, you will also need to bring your car title and registration. These documents prove that you own the vehicle and can transfer it to the dealership.

Proof of income and credit information

If you are financing your new car with a loan, you will want to show proof of your income and know your credit score. Knowing your credit score and income helps you figure out what you can afford and get a better deal. These documents can also help you complete additional loan formalities at the dealership.

Be prepared when you go to buy a car

If you are wondering how to buy a car, you need to take the time to research, take a test drive, and fill out paperwork. Having all of your paperwork prepared before you go to the dealership simplifies the process so you get the keys to your new ride faster.

If you found this article helpful, check out other lifestyle tips and guides on our website.


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