What to Bring to the Dealership When You’re Ready to Buy or Lease | Cookeville TN | Serving Crossville & Sparta
What To Bring To The Dealership When You’re Ready To Buy Or Lease in Cookeville, TN
It’s an exciting time when you’re ready to purchase that new vehicle you’ve had your eye on. But the process isn’t quite over until the purchase or lease forms and paperwork has been finalized. This last step can be a bit confusing sometimes, so we’ve compiled a list of what to bring to help you get through it as smoothly as possible. Keep reading to learn more!
If you still have questions, please don’t hesitate to call Cumberland Chrysler Dodge Jeep Ram FIAT or stop by and talk to one of our sales reps. We’re happy to speak with you!
1. Your driver’s license.
When finalizing the paperwork, you’ll want to have your license on hand for proper identification. However, there is a chance that the dealership may already have your license on file if you’ve taken one of their vehicles for a test drive.
2. Your Social Security number.
If you don’t know the number by heart, bring your social security card with you. Even if you’re buying the vehicle outright without any financing, the dealer will need your Social Security number for tax purposes. Practically all financial transactions valued at over $10,000 must be reported to the IRS.
3. Proof of car insurance.
You can’t buy a car without this key piece of paper. Laws exist in all 50 states requiring drivers to have some kind of insurance as it protects everyone on the road.
4. Your wallet.
You’ll have to pay for your new vehicle somehow, whether it’s cash, financing, cashier’s check or credit card. There are several options these days, and depending on the worth of your car, it will make the buying process go more smoothly. Even when you lease a vehicle, you typically have to make a down payment on the vehicle.
5. Proof of employment, residence and salary.
Depending on your credit rating, you may need to bring these things with you.
6. A few hours to fill out all of the paperwork.
It can be a time-consuming process, especially if you’re applying for financing.
For trading in your old car you’ll need:
7. A trade-in appraisal.
Typically you’ll have an appraisal performed at the dealership that you’re trading it in to, and many times they’ll be good for up to three days.
8. 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.
If you’d like to purchase or lease a new in Cookeville, TN, drop by Cumberland Chrysler Dodge Jeep Ram FIAT at 1550 Interstate Dr, Cookeville, TN 38501 for a test-drive. We look forward to serving our customers from Crossville and Sparta.