first time buying..
 

Hey guys looks like near by me there's a white unicorn I been looking for is in stock been sitting in the lot for 4 days and no one claimed it yet and I'm going to look at it after work and for a test drive..

Now my question is..

As a first time new car buyer is there lots of paper work to do ? Not sure what I have to bring or have or what to look for so I won't get ripped off..

Also I'm willing to trade my 94dc2 to help with the payment .I have still good tires on it with 18" rims..manual..I can dump like 2+k on it..

Do you pay the first payment in like 3 months?

Thanks
Thanks

Your first mistake is that you are waiting until after work to go see it. Lots of things can happen between now and then. You should have headed over there 4 days ago. LOL....:popcorn: Just kidding bro.
Scion generally makes for a painless buying experience. If you plan on buying today, you should check for finance rates. You may/may not get a better rate somewhere else vs. the dealership depending on various factors. Bring your ID, insurance, and any additional down payment. I don't know about your area, but my first payement was due 1 month after taking her home. You may be able to sell the car you plan on trading in for more money if you did it yourself. Dealer offered $2.5k for my 2000 Honday Prelude SH. I ended up selling it for $4K through craigs list for cash. You have plenty of options.

You don't need to bring anything with you. They'll have you fill out a loan application (if you're not paying cash) and go through the order sheet with any options you want to add. Just be sure to negotiate on the actual price of the vehicle and not monthly payments. I've had dealers that only focused on the monthly payment and tried to rip me off by either giving me less than they said on a trade in or charging over MSRP. I ended up walking out and going to another one.

Since this has been my second new car purchase I can *shit* some light on this:

There's not that much paper work to do. Around the same amount of paper work as selling it privately (provided that you bought your used car legally and have to submit docs to government). For this car that you're buying you don't have to worry about negotiating cause dealer won't negotiate.

Did you look up how much your current car is worth if selling privately? cause trade-in value is usually not as good as selling it yourself.

The money that you have to pay (downpayment etc) depends on how you work out with your dealer. are you buying out right? finance? lease?

First estimate your otd price which will be msrp + any add ons + about 10%. Now subtract your downpayment and trade in value and divide that by how many months you want to pay it off. If you can afford that then go ahead, if you can't afford that (and be VERY realistic cause a goof here will cost you thousands to 'correct' your goof).

Now you have a ballpark of what you should be paying, if anything is over that when you do the paperwork, have them explain it, and don't be shy to say you don't understand because you need to know what you're getting into before signing anything.

You can't negotiate the price on a Scion but you can negotiate the price of any add ons, extra warranties, and even APR.

For your trade in, you aren't going to get a great price for it at a dealer, if it is more than 5 yrs old or 50K miles, they may not even want it but might give you a soda for it because they can't sell it on their lot and it has to go to auction.

Just make sure you know what you will be paying so they can't sneak anything in the deal that you weren't expecting. Bring two forms of ID, proof of comprehensive insurance (even if its for your current car there is a grace period to change the car on your policy), and plan for 3 hours for the whole process. Also, don't be afraid to walk away at ANY point before you sign. Even if they print your name and info on all of the forms, you are about to sign and something just doesn't sit well with you, stop, ask them about it and if its still fishy walk out. I'm not saying any dealers try to screw you, I'm just saying you owe them nothing until you sign that contract. Anything they say, get it in writing, whether its a car wash or a free oil change, anything they 'promise' you to get you to buy, have it in writing.

I don't know about the no payments for 3 months, but if that exists, it should be used as a cushion, not a tool to help you afford it. Also, if interest accumulates during those 3 months, you aren't saving much. Plan on paying every month, if they allow you to skip a few months, I would still make payments those months because if you get a 60 month loan but you can't afford it until 3 months from now, then buy the car in 3 months.

Good luck and enjoy the experience!

In addition to what @shaggy listed, if you are a recent graduate (within 2 years since graduating from a 4-year program, 2-year program, or graduate program) you can ask for the $1,000 college grad discount to be applied to your purchase. They will ask for a copy of your diploma and transcripts once you complete your deal. My first payment is 45 days from purchase date.

One of the most important thing you have to remember before you start your first car purchase experience: make sure you EAT something before you go! When I bought my Whiteout unicorn last month, I went around lunch time and had forgone lunch as I wasn't hungry. Needless to say, 2.5 hours into the buying experience while sitting in the finance office, I was SOOO HUNGRY! It made it quite difficult to concentrate in the midst of all the paperwork you have to sign and on top of that what warranties you should turn down. Needless to say, when I got home that night I realized I probably should have said "No" more times than I didn't while sitting in the finance office. Now I am in the process of cancelling these warranties, so hopefully they won't give me too much trouble.

If you don't eat something before you go make your car purchase, at least pack a snack :thumbup:

Haha, this is so simple but really does make a difference!

Also, add your new car to your current insurance policy before you cancel your old car. They usually give you a multi car discount, then when you cancel your old car that discount remains:thumbsup:

^True Talk!

Which Toyota/Scion dealership is it? I would suggest seeing how much you can get your Integra sold privately since they might not give you what you want if you trade it in.

Also check the rates between the dealership and your bank. Sometimes the dealership finance is better than most banks and vice versa. Having your check ready and understanding what your payments and rates are before you walk into the dealership can reduce a lot of the hassle.

You're shit out of luck b/c of the Pure Pricing but make sure the additions that are listed are the stuff that you actually want. I know at Frank Toyota, they don't accept deposits so if there a specific build that you want, they can get it for you. Don't feel compelled to pay for a rear bumper applique and front clear bra if you don't want it.

The hot lava FR-S at KMT has been there for a while and will be if they plan to keep all of that ugly carbon lay and sticker kit. :barf:

I see thanks..yeah did know that dealers don't offer much on trade in..I think I'm better off selling it private..I will see what they have to offer first.. This will be a Toyota dealer cus scion ones in my area are all dry out of them..well have some but not the nice unicorn color I'm looking for..

Also called my AAA and I can transfer my insurance as soon as I get it and just give then the car vin number..

Not a college grad yet:bonk:

As for the car im buying it:burnrubber: this will be my first real car and I'm going to pass it down when I have kids of my own... Life is about fun.. Growing old is mandatory but growing up is optional :lol: really hope I can drive off home with it today.. Saw one couple days ago and had a dream about it:bonk:

As for snack I have a California burrito on stand by :D

Thanks guys..

Fine print on the recent college grad rebate states that if you are within 6 months of graduating college, the rebate still applies.

Just be patient and come to grips that if the #s don't work out, you must be willing to walk away or suffer paying more than what you planned for initially. If you do drive away in a unicorn, welcome to the unicorn family:party0030:

1k rebate for military vets as well. Just need a military ID or similar.

No need to fear I'm single with no kids :happy0180: and I have no life but cars/rc racing/flying rec helis.. Just can't wait to test drive one.. Hopeful I drive away with it today.. As for monthly payment say Im paying 480$ a month can I add more to it? Or has to be exactly 480$ a month?

I'm thinking about joining too..hmmmm thinking thinking....

This and APR is always negotiable.