How does buying a new car from the dealership work?

A.mills: How does buying a new car from the dealership work?
I’m interested in buying a Honda civic 2010. I’m sixteen and have money to buy a car. I also know the basics of what it takes to be eligible. I should probably know this already, but I would like a better understanding. I have my license.
I have the money so my parents will purchase the car under their names.

Answers and Views:

Answer by pickmefirstplz
you have to be 18 to buy a car

Answer by Charlie T
Go with your parents and they will show how it’s done.

Answer by Firebird
Walk in there and say “I want to buy a car” and they’ll do the rest.

Answer by Howard L
You pick out the car you want and make an offer on it. Ignore the sticker on the car. Make an offer a bit less than the TMV price in the link. That’s what most people are paying for the car. Tell them that that’s an out the door price, no extra fees except for the state fees for tax, title and tags (registration). The dealer will accept your offer, make a counter offer, or reject your offer. If you’re not happy with the counter offer walk out. You should be able to find another dealer who will accept your offer or at least offer a better price.

When your offer is accepted the dealer will fill out a sales contract for your parents to sign. You give the dealer a check for the amount in the contract or at least a deposit for the car so you can return later with a check for the balance. You must get the car insured. When you show the dealer an insurance binder they will take care of putting tags on the car and you’re free to drive it home. If you call your insurance company or agent while you’re at the dealer they will fax an insurance binder to the dealer.

Answer by excelblue
They want to sell you the car more than you want to buy it. So, really, the process isn’t difficult.

What’s difficult is how not to get ripped off when you go to the dealership.

Here’s the basic process:

1.) Walk into the dealership and wait until a salesman approaches you. Do not approach the car first. You should have tested it out elsewhere.

2.) Being very rational about the process, speak to the salesman and say that you’ve already made your decision and would like to discuss numbers.

3.) Sit down at the table, make the salesman make his offer, and counter with an offer that’s significantly lower than your target. This gives you room to negotiate.

4.) Finish off the negotiations, inspect the actual vehicle, and sign the sales contract.

5.) Do *NOT* allow them to sell you any extras such as ScotchGard, extended warranties, etc.

Before getting the car, you will hand over a check with the money. If you are financing, the check may either come from the bank, or if it’s dealer financing, you’ll just have to pay the downpayment.

Also, go search up guides on how to negotiate the best price on a new car.

Answer by Antony
You also should compare car insurance quotes for cars before buying one, for example here – carinsurance.deep-ice.com

Answer by Jim
It is a pretty involved process that requires that you do some research to keep from getting taken advantage of and then there are the car dealer fees and other expenses that go along with the purchase. The are checklists for going through the process online.