Hello Y’all – I’m so happy you’re here! I recently just bought a car 1.5 months ago and let me just say: IT IS A PROCESS to say the least. This week, I have rounded up a few helpful tips that helped me purchase my first vehicle all on my own without having a legit meltdown right on the dealership floor.
Go In With A Plan
I cannot stress this enough. At the end of the day, they are working their job and they WANT to make a sale. If you do your research ahead of time and go in knowing EXACTLY what you want – not only are you making it easier for them, BUT you are allowing yourself to skip past their sales pitch for all of the other vehicles and even the add-on’s for the vehicle that you’re looking to buy.
- You can go into the dealership with a plan by researching the vehicle(s) you’re wanting to look at and even test drive, and know exactly what add-on’s (if any) that you are looking for in your new ride.
Have All Necessary Documents Ready
This was MY mistake when purchasing a vehicle. I had no idea what I was getting myself into, so I was completely blindsided when they began to request different documents.
- A few documents that are typically being requested are: drivers license, SS #, Proof of Residency with the past 30 Day’s, Pay stubs, and Bank Statements.
Do You Have a Trade In?
Now, this is important. Especially, if you are looking to trade in your vehicle. It is very important that you know the VALUE of your car before going in, because they are running a business – they also need to make money for the trade to be worth it.
- Do not let them skimp by with a trade in that is significantly LESS than the worth of your car.
- DON’T BE SHY – barter with them until you come to a compromise. At the end of the day, they want to make sale — and majority of the time, they have wiggle room to spare when it comes to trade-in’s.
Are you Placing A Down Payment?
Whatever you do, DO NOT mention a down payment until you have reached an agreement for either the purchase price of the vehicle, the trade in value or both.
- Once you have made an agreement for the value of your vehicle that you are willing to trade in for and the purchase price of your new car — that offer stands after you decide to place a down payment.
Stand Your Ground + Have Support
Y’all, I cannot stress this enough. This process overall for my personal experience took a total of 4 hours. If I did not have support, I probably would have walked out having a breakdown because of how chaotic and fast paced it is.
- Bring your parents with you, a best friend, or significant other to have someone to debrief with during breaks. It can easily become overwhelming, so having your support system with you will make the experience truly amazing! I mean, this is exciting – you’re buying a NEW car!
When you’re in the middle of the process, you will notice the salesmen/women will rush very quickly, BUT don’t be afraid to ask them to slow down.
- The process overall takes a long time, and they genuinely just want to not have you spend an entire day in the dealership because they value your time.
I hope these tips will come in handy when you are purchasing you’re new vehicle! It’s such an exciting milestone for many at any age, and knowing what to expect, beforehand, will help the process go smoothly. Y’all stay peachy!