A one- or two-page document can never be a comprehensive instructional guide on How to Buy a Car. But the following paragraphs may provide a user sufficient pointers on how to go about it.
Buying a car is an entirely different mammal from car hire. Car sales are a more permanent transaction than car hire which is normally short-term and may have a repeat using the same or a different establishment each time. While there are parallels to the two transactions, the dividing line between them is defined but crosses it when a lease-purchase arrangement is agreed upon between the parties involved novi stanovi
A person-to-person transaction is the simplest with the deed of sale as the legal document that binds and demonstrates it. There are, however, compulsory attachments to the legal document such as the car registration, insurance and incidentals. They may differ according to the laws of the state where the transaction is transacted, though.
Although the person-to-person transaction is simplest, the most common and preferred option is buying a car from a car dealership firm that sells new or used cars. The same thing also goes for selling a car.
Car dealerships may exclusively trade new cars only, in which case a particular brand or product line is carried by the company or outlet. Most of these types of car dealers have elaborate and state-of-the art assembly, repair and service facilities within the compound. The display room is particularly aesthetically designed and strategically located so as to capture most (if not all) of its chosen or defined market niche. Rebates may also be offered by manufacturers and dealers to make the transaction look and sound better than the competition. Insurance packages are normally a slot-in feature of the sales package. Most states make it a legal requirement.
Used-car dealers, on the other hand, have the optional freedom of selling new, slightly- or “really-used” cars of different makes. It does not matter how the display/garage, repair and service facilities may look like so long as it serves the purpose, that is, buying a car or selling a car. However, it is imperative for the buyer to make himself assured of satisfactory car body and engine condition before finally plunging in to the purchase of his chosen car. Bringing along his own mechanic is best.
Trade-ins are an optional transaction that is most often favoured by persons or companies who change cars with a more preferred brand, model or condition – whether with a brand-new car dealership or a used-car garage.
In-house financing is common among car dealers to shoulder costs of money for installment sales agreements. External financing firms are available for those which do not or cannot have its own.