Today’s the day! You’ve researched thoroughly about every car you could afford online, picked up tips on how to bargain, called ahead and set up an appointment with a salesperson that you trust. You’ve even gone through the dealer’s online inventory and worked out the price of your new car. Now all that’s left to do is to deal with your trade-in, test-drive the car to make sure it is right for you and do the final purchase paperwork.
Deals usually take hours to finish, even after the negotiations have already been done over the phone or online. So how can you save time? Here are a few tips you should keep in mind, which will save your time when buying a car.
Tips to save time while buying a car
Tip #1. Paperwork
Usually, it’s the car buyers themselves that are often the reason behind a slow-paced deal, since they most often arrive at the dealership unprepared. To avoid wasting up to 30 minutes, you must go to the dealership with the right paperwork in hand.
You’ll need to bring:
- Your driver’s license
- A down payment
- Your preapproved loan from a lender, in case you’re not using dealership financing
- Your trade-in’s pink slip or payoff information
- Supporting documents you’ll need if you want to take advantage of a special offer
Make sure all your documents are up-to-date, if they aren’t, or worst case you forgot to bring the right paperwork altogether, you must accept lengthy delays while you and the dealership figure out how to get the necessary documents. Expect more delays if the deal is being finalized after-hours, over a weekend or during a holiday.
Tip #2. Test-Drive
Having your trade-in appraised early during your dealership visit is one of the easiest ways to reduce wasting time while buying a car. Once you arrive at the dealership and meet your salesperson, you must tell them that you’d like to have the trade-in appraisal process started as soon as possible. Get the best car trade-in value here. This will also set the tone for the rest of your visit as well. Usually, the dealership does the appraisal after the test-drive is over, but it needn’t be that way. The appraisal can happen at any time and the biggest time-saver is to have two things happen simultaneously. Ideally, the dealership management team will have a trade-in offer ready for you by the time you get back from your initial demonstration and test-drive. You will save another 30 minutes by following this tip.
Tip #3. Dealer deadline
This approach could seriously cut down on your time in the dealership by up to 30 minutes. You must give the salesperson a deadline to get you out of the finance and insurance office. Ideally, an hour is a reasonable time as a deadline on a slow weekday. However, up to 90 minutes might be more appropriate, if the showroom looks busy or if it’s the weekend. In case the deal can’t be completed in that time, say that you’ll be leaving and request them to have the vehicle and paperwork delivered to you. This strategy usually works because as a rule, the dealership will want to do business within its walls, so the chances that you’ll buy an extended warranty or an aftermarket product will drop considerably once you leave the dealership.
With over 800 vehicles in our inventory, the Car Factory helps you choose the car of your dreams- brand-new or pre-owned! Schedule your test drive in our Miami or Hollywood locations online today at CarFactory.com or call (786) 406-6234!
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