If it’s about time for a new vehicle, then you might be planning a trip to the dealership soon. Do you know everything you need to bring with you to buy or lease your next vehicle? If not, then we’ve got you covered. Below is a list of what you might to have with you before you can drive home happy in your new vehicle.
If you still have questions, please don't hesitate to call Honda of the Avenues or stop by and talk to someone on our sales team. We'd love to talk to you about your options with us.
- Your driver's license: When you're filling in your paperwork, you'll need to have your license ready since you'll need proper identification. However, there’s a chance that the dealership might have your license on file if you’ve taken the vehicle for a test-drive.
- Your Social Security number: If you happen to not have it memorized, bring your social security card along as well. Even if you are buying the vehicle outright -- not using any financing -- the dealer will still need your Social for tax purposes. Nearly all financial transactions valued at over $10,000 are required to be reported to the IRS.
- Proof of car insurance: You can't buy a car without this crucial piece of paper. There are laws in all 50 states requiring drivers to have some type of insurance because it protects everyone on the road.
- Your wallet: You’ll have to pay for this vehicle somehow, whether through financing, cash, cashier’s check or credit card. There are many ways to pay these days, and depending on the value of your car, it makes sense to determine the best way for you to pay for your vehicle. When leasing, you’ll usually have to make a down payment on the vehicle.
- Proof of employment, residence and salary: Based on your credit rating, you may need to bring these things with you.
- A few hours to fill out all of the paperwork: It can be a time-consuming process, especially if you're applying for financing.
- A trade-in appraisal: Typically you'll have your appraisal performed at the dealership that you're trading it in to, and many times they'll be valid for up to three days.
- Your old car's title: Once you trade it in, you'll have to turn this over since you're releasing ownership of the vehicle.
And if you're trading in your old car: