Buying A Used Car? 4 Steps You'll Need To Take Right Away
If you've recently purchased a used car from a private party, or you plan to do that within the next few weeks, there are some things you need to know. The process of buying a used car doesn't stop once you have the keys. In fact, there are quite a few things you'll need to do once you take possession of a used car. Here are four crucial steps you need to take when you purchase a used car.
1. Transfer Your Title and Registration
When you purchase a used car from a private party, the first thing you need to do is have the title and registration transferred into your name, which will require a trip to the DMV. It's important that you take care of that within the first few days of ownership. Most states have specific deadlines for ownership transfer that need to be followed. If you're not sure how long you have to transfer ownership, contact your local DMV.
2. Contact Your Insurance Company
Once you purchase your car, you'll need to contact your insurance company. You'll need to add your car to your insurance policy as quickly as possible. Your car may be protected under your current policy for the first couple of days. However, if you wait longer than that to add your car to the policy, you might not be protected from damages and liability. For maximum protection, you should add your car to your insurance policy within the first day of ownership.
3. Schedule a Maintenance Inspection
You never know how well your car was maintained by the previous owner. You also don't know if your car has hidden problems that will need to be addressed. That's why it's important that you schedule a maintenance inspection as soon as possible. A mechanic will be able to go over your car and identify issues that will need to be addressed.
4. Get to Know Your Vehicle
Once you've taken care of the title and registration, insurance and maintenance, you'll need to spend some time getting to know your new car. The best way to do that is to read the owners manual. If your car didn't come with a manual, order one. Reading the owners manual will ensure that you know how to properly care for your car. Your manual can also help you troubleshoot issues that might arise.
If you've purchased a used car, or you plan do to so shortly, use the tips provided here to get you off to a smooth start.