Purchasing a new vehicle is exciting! Whether it’s your first vehicle or an upgrade. Once the paperwork is signed and keys are in hand, there are a few important steps to take to protect your investment, stay legal, and enjoy your new ride with peace of mind.
REVIEW YOUR PAPWORK CAREFULLY
Before tucking everything away, double-check your documents:
-Bill of Sale
-Purchase Agreement
-Financing/lease paperwork
-Warranty Info
UPDATE YOUR AUTO INSURANCE
Contact your Insurance Account Advisor as soon as possible to:
-Add the new vehicle to your policy (Info Needed to provide: VIN, year, make, model, & if vehicle is being financed. If so, name and address of financial institution)
-Remove your old vehicle if applicable
-Confirm coverages and driver assignment
-Receive proof of insurance (Auto ID card, Auto policy, and lienholder evidence of insurance – if necessary)
REGISTER YOUR VEHICLE
If the dealership does not handle registration for you, visit your local DMV promptly. You will need to:
-Transfer the title
-Register the vehicle
-Obtain license plate or tag
WHAT TO BRING WITH YOU WHEN REGISTERING VEHICLE
To register your vehicle at the DMV, you typically need to bring the following items:
-Driver’s license
-Proof of Insurance
-Title or signed lease agreement
– Bill of Sale (If applicable)
– Payment for registration fee
ENJOY THE RIDE
Finally, enjoy your new vehicle knowing you’ve taken all the right steps to drive responsibly.
Written by: Morgan Carter