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4 min read Published October 13, 2022
Writen by Rebecca Betterton Written by Auto Loans Reporter
Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers in navigating the ins and outs of securely borrowing money to purchase a car.
Edited by Rhys Subitch Edited by Auto loans editor
Rhys has been writing and editing for Bankrate since the end of 2021. They are committed to helping readers to manage their finances with clear, well-researched information that breaks down complicated topics into digestible chunks.
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The best way to leave the dealership happy with the purchase is to be able to identify the best concerns to inquire about. In order to protect your wallet and needs, be prepared with tough questions -- and be ready to leave when you aren't able to get satisfactory answers. Otherwise, you won't get the best deal in the purchase of a vehicle. There are questions to ask every car dealer, regardless of whether you decide to buy the car new or second hand, here are three top general questions you should ask the dealer before going to meet them for a handshake. Do I have the opportunity to test drive the vehicle? It's difficult to tell if a vehicle is the right fit until you alter the seat and sense of the handling abilities. Take note of the feel of the brakes and if you can see the vehicle able to meet your needs and routines of daily life. If you're able to to, ask the dealer if you are able to take it in your garage parking spot to see if it fits right. Some dealerships may even permit you to keep the vehicle for a night to check it out on your daily schedule. What warranty is on the vehicle, if any? Warranties may cover specific damage caused by the vehicle and wear and tear. For new vehicles, manufacturer warranties cover the bigger issues -- though you will have to pay for regular maintenance. Certain newer models could still come with their original warranty or a new warranty if you choose to purchase certified pre-owned (CPO). If a warranty is present, you could save money on future repairs, depending on how extensive it is. If there's not any warranty, it's worth looking into whether an extended warranty or gap insurance are options. However, these are expensive and often not needed, take your time evaluating your needs prior to asking a salesperson for it. What additional fees come with purchasing this vehicle? Whatever vehicle you decide to purchase, you should be prepared to pay additional charges. Your state may have title transfer fees as well as other fees that are non-negotiable. The dealership may also have specific fees that you'll have to pay. And although it can be tempting to just add these costs (and sales tax) to your loan Avoid it if you can. In the end, you must avoid borrowing more than the car is worth. Taxes and fees must be paid in cash if you are able. Things to consider when purchasing the latest car automobile market is still thriving and prices are at an all-time high. So, even if you feel like a seasoned veteran in the field of buying a car, there are still a few key points to cover to ensure that you are getting the best deal. Make sure the dealer can answer these questions prior to signing off on . What are the available terms for financing? Look for them from other lenders. It's likely that if you have good or excellent credit, you'll be able find a better deal through an institution like a credit union, bank or an online lender. Make sure you compare prequalification offer with the seller offers. Are there any rebates or incentives? In certain instances you could qualify to receive a rebate or incentive when you purchase an automobile. This will generally reduce the cost of your purchase after taxes.These vary from discounts offered during certain times of the year to deals for specific groups, like veterans and students. What is the documentation fee for this vehicle? The documentation fee or "doc fee" is charged by dealers to cover the costs of completing the sales contract on behalf of you. Unlike some fees that come with the purchase of a new vehicle the document fee cannot be discussed. Certain states place a cap on how much dealers can charge. If you're in a state where there isn't set a limit, you could be charged up to $600 . What questions should you ask before buying used cars despite price increases for used cars due to inventory shortages The purchase of used cars comes with its perks. But, it could be more of a risk when you aren't aware of the background of the car. If you intend to there are certain questions you can ask to ensure that you're getting an excellent vehicle. Was this car involved in any accident? There aren't any accidents that can be traced in a car history report, so ask outright if your potential car was involved in any accidents and how it was then repaired. Find out how long ago the accident occurred and if there were repairs that were later made to the accident. How many owners has the car had? Ideally, you would prefer an old car with at least one or two satisfied owners instead of a vehicle that was rented out to several drivers. A car with a long ownership history is an indication that the car has outstanding issues. It is also important to inquire about which dealer purchased the car. The trade-in vehicle may not have a full history attached, while a previous rental will have been regularly serviced -- if driven harder than a privately owned car. Do I need to have the vehicle inspected by my mechanic? A request for an inspection is an excellent final step in your questioning process but be sure to only ask if you want the vehicle pending the inspection results. This can assist you in determining the confidence of the dealer in the car and having a trusted set of eyes to check the vehicle over can assure that you're getting what you are paying for. The most important thing to remember is that in addition to doing your research on the kind of car you're interested in and looking for the best deal on financing, it's important to know the right questions to ask prior to going to the dealership. Go to the dealership with a specific plan as well as a list of best concerns to inquire about. You'll also be equipped with the necessary information in order to take an informed decision whether you're signing the dotted line or walking away to search for the best deal elsewhere. Find out more
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Authored by Auto Loans Reporter
Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers to navigate the ins and outs of securely taking out loans to buy a car.
The edit was done by Rhys Subitch Edited by Auto loans editor
Rhys has been editing and writing for Bankrate since late 2021. They are dedicated to helping readers gain the confidence to take control of their finances with precise, well-studied facts that break down complex subjects into digestible pieces.
Auto loans editor
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