One of the biggest drawbacks or issues for most car buyers in the Newark, NJ, area is the time it takes to process the sale at the dealership. This can be anticlimactic after the excitement of test-driving different vehicles and finally finding the perfect new, used, or certified pre-owned vehicle.
According to Edmunds, most people spend just over three and a half hours in the dealership, completing paperwork and getting approval for the sale. Of course, there is also time to prep the vehicle and ensure any added features or options are completed before driving off the lot.
To reduce the time it takes to make a purchase at car dealerships, you can do a few things as the car buyer. Working with car dealerships that offer this option to complete paperwork in advance is the best way to minimize the time spent in the buying process.
Apply for Financing in Advance
Most car dealerships in Newark, NJ now provide the option to apply for financing in advance. This is done online through a secure application. It allows the buyer the option to be pre-approved up to a given amount to ensure the vehicle they select can be financed.
Many of the best dealerships have handy payment plan calculators that allow the buyer to know their pre-approval amount and calculate monthly payments.
Value a Trade-In
Some dealers in Newark, NJ, also allow the buyer to value their trade-in online. This helps to save time and stress at the dealership. It is essential to report information on the vehicle accurately. Incorrect information can result in slowing down the process and reducing the value of the trade-in vehicle.
