There is no better feeling than receiving the keys to your new vehicle. It feels amazing knowing that the car or truck in front of you is your own! Making a major purchase, like buying a car, is an exhilarating experience. However, before you take your new vehicle on a joy ride, there are a few practical things you should do to secure the vehicle from a legal perspective.
Continue reading to learn what you should do immediately after buying a new vehicle from a used car dealership like the Reno Tahoe Auto Group.
Call Your Car Insurance Agent
Before you drive your new vehicle, make sure that it’s insured! The state of Nevada requires that all drivers have continuous auto insurance, so don’t put the key in the ignition unless you have auto insurance. If you don’t have an existing auto policy, it’s imperative that you purchase insurance before driving the vehicle off of the lot. Short term car insurance is an affordable option for those who don’t have an existing auto insurance provider and need insurance while they take time to explore their long-term options.
If you have an existing auto insurance policy, call your insurance provider to see what their policy is for covering new vehicles. Most auto insurance companies have a fifteen day grace period that covers you during the first two weeks of owning your new vehicle. In any case, tell your insurance agent that you have a new vehicle and ask how much time you have to find new coverage. Your agent may draw up a quote for you on the spot!
Register the Vehicle
Although you have a record of sale for your vehicle, it’s not officially yours until you register it in the state of Nevada! Registering the vehicle is also how you’ll get license plates for your vehicle to replace the temporary dealer plates. If you bought your vehicle from a used car dealer, you may be able to register for the vehicle online. If you report of sale or lease include an EDRS number, you should be able to register your vehicle online instead of going to the DMV! If the car you bought is a replacement for a vehicle that was a total loss or sold, you may even be able to use your old plates on your new vehicle.
If you bought the car from a private seller, want to use vanity plates, or plan on using your vehicle commercially, you must go to the DMV to register your new vehicle. Keep in mind that it typically costs between $100 and $200 to register a new vehicle, so make sure that you’re financially prepared to make this kind of transaction.
Get New Insurance For Your Vehicle
Getting new insurance for your vehicle should be a high priority in the days following the purchase of your vehicle. Contact multiple insurance companies for quotes in order to find the lowest rate. You should also consider what kind of coverage you want for your new vehicle: liability or collision. Collision coverage costs more than liability, but it ensures that the insurance company will help you out financially if your car is damaged in any way. If your car is so low-value that you’d rather replace it than repair it, liability coverage is probably a better option for you.
Tune-Up Your Vehicle
It’s rare to find a used vehicle in perfect condition. If you bought a used vehicle, chances are there are a few things that could be tuned-up. Take time to repair and perfect you new used vehicle before you put many miles on it. Hopefully you took the vehicle to your mechanic before buying it to ensure that it was in good condition. If the mechanic pointed out anything that could be improved that wasn’t serious enough to deter your decision to buy the car, make those little updates now. For example, the windshield wipers might need to be replaced, or a new cabin air filter needs to be installed. If you didn’t have the car inspected before buying it, the first place you should take the vehicle to is your mechanic. Your mechanic will tell you if anything should be repaired before driving the vehicle. Read this blog post for more tips on how to maintain used cars.
Once you’ve positive that your new vehicle is covered by insurance and safe to drive it’s time to enjoy yourself! Take your vehicle out on a spin to get comfortable driving it. Above all, make sure to follow all traffic laws while you’re out there on the road! If you bought a vehicle from the Reno Tahoe Auto Group we’re always here to answer any questions you might have. Contact us today with any questions about your vehicle.