The Fastest Way to Buy a Vehicle
Depending on how you're going to pay for the vehicle will make a huge difference on how long it takes to buy that car.
Also if you use the Dealer's banks verses your own bank or credit union.
Also what will have a huge impact on the amount of time it takes to buy your next car is if you know what car you want.
Start by
doing a Needs Assessment – Finding out exactly what you want and need on your new vehicle,
finding the right vehicle that fits you/ your family needs and wants. (You can do this on your
own or with the dealer)
Having or
Knowing your Allocated Budget – Finding the right vehicle and fitting it comfortably in
your budget. The average car cost is now in 2018 is $33,000 dollars with a payment of $509. (Should I Buy or Lease)
Picking
out the Vehicle –
Finding the right vehicle that is right for you and/or your family, color, sunroof, wifi, forward collision alert, etc.
Take the
Vehicle for a Ride -
You Should Never buy any vehicle without taking it for a test drive. Making
sure it is exactly what you want and expected. (People assume they know how the cars drive, big mistake)
Trading
Your Vehicle – Are you going to be trading your vehicle in or selling it yourself? Make
sure you have your title or/and your registration with you. Looking online to
get a value on your vehicle helps, be sure to print that out and bring it in with
you.
Credit or
Cash – Knowing your
credit and getting a pre-approval from your bank will help you know what kind
of interest rate you will qualify for, or even using your bank and just bringing a check in to pay for it.
Buying
Extra Coverage –
Should you buy extended warranty or a vehicle protection plan? These are decisions you need to consider as well, everyone is different, some people drive more than others, some people keep their vehicles longer than others, you should base your decision off of your personal driving and buying habits. But that is an
individual opinion. You should buy gap insurance if you don’t put at least 25%
down, You can always ask for a discount. What about interior or exterior protection? I can tell you I would always say No, depending on if your buying a new vehicle or used vehicle, but now with the ceramic appearance protection that can go on the vehicle, I am a big fan of. (my opinion)
The average person spends 40 hours researching their next vehicle they plan on purchasing, most of that is done online in the comfort of their home, or on their mobile device, or on your lunch break at work.
The average time it takes to buy a vehicle at the dealership is 4 hours!
The fastest way to buy a vehicle is to pay cash or have a check from your lender to finalize the deal!
Also it's better to come early in the morning when there is not a lot of people, this could help speed things up really quick.
*Let the
Dealer know you have a certain amount of time or you will have to come back to
finish the paper work. By doing that you should be in and out of the Dealership
within 60 minutes.
I have completed a transaction within 20 minutes before, but only senior sales consultants have the ability to make something like that happen, so if you ask for a senior sales consultant that will speed things up as well usually!
I hope this helps you and answers some of your questions, but please feel free to contact me if I can be of any assistance, or if you need a new vehicle.
Thanks,
Gary Reed
Senior Consultant
513-349-2259 (C)
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