Whether you’re shopping for a new or used car, you’re frequently pressed for time. Maybe you need the car for work or just to get around. You may have had your eye on a specific make and model for some time and are eager to get behind the wheel. Or perhaps you’ve never owned a car before and are eager to start driving to work or school! For whatever reason, you’ll undoubtedly want to know how long the purchasing procedure typically lasts, and we are here to tell you.
Table of Contents
Buying a car is a lifelong investment that would definitely take effort and shouldn’t be rushed because you can either get scammed out of your money or buy a very worn-down car. With the advent of technology and an online marketing presence, buying a car is more convenient because there is more chance to sit back in the comfort of your house and browse through different sites or dealers and choose the car that suits your specific needs. Find out long it takes to buy a car.
Have 1 million naira and above to Buy or Sell Cars In Nigeria?Check carlots.ng RIght Now RIght Now
How Long Does It Take To Buy A Car
With buying a car, what is most determined is the amount you wish to pay for it. What this means is that the higher the amount you have, the better your chances are of getting a car quickly and the better your chances are of getting a recent model or a very good, well-maintained car. But if the amount you have is quite low, there might be difficulty in the buying process.
You see, car prices are on the rise, and for instance, if you budget less than a million naira for the car you want to buy, time shouldn’t be of the essence to you because most dealers won’t want to take that price, and there is a high possibility you won’t get a good car for that amount, so one thing to do is go back to the drawing board and try to budget for over a million, and time will be a thing of the past.
The truth is that buying a car is rarely an easy procedure. The average duration a person considers themselves to be in the market for a vehicle is 70 days. When you break down the process, there are a lot of things to think about, but close to three months seems like a far too long time for purchasing a car.
But, finding a car isn’t the real issue; using a good and reliable car site like Carmart.ng can get you many cars that you wish within minutes, but where the problem lies is with haggling or finding the right price that doesn’t feel too much for you. As a general rule, you should never buy a car that is sold for far less than its market value, and we mean really far less. If the seller doesn’t give you a good reason for the sale, there is a high chance that you would be buying a stolen car.
Market value plays a key role in choosing the car you wish to buy; ensure you use the CarMart.ng car search tool to find out the market value of the car you wish to buy.
The three main steps involved in buying a vehicle are listed below.
- Carrying out research
This is frequently the step in the car-buying process that takes the longest. There are so many options available that researching them can be quite difficult if you don’t know where to begin! So, it’s wise to reflect on the following issues:
- Why am I driving this car?
- What size is required?
- What are my main concerns? Consider safety, speed, and cutting-edge technology.
- What is the size of my budget?
- If so, would this be a hire-purchase agreement? Am I purchasing on a loan?
Once you’ve answered these queries, filtering your results will be much simpler. Also, when you have reduced your options, you will be in a much better position to bargain with dealers. You’ll be able to tell whether they’re worth the cost if they try to upsell you on pricey features and add-ons.
Of course, you could already have a general idea of the kind of car you want, in which case you can skip ahead to the next action!
- Car Comparison
Even if you haven’t decided on a certain brand and model of automobile yet, once you’ve considered the kind of car you want, you may begin comparing models. You can start by doing this online and then in person. Using Carmart.ng as a guide is a good choice. We have written a number of enlightening blogs to help first-time car buyers breeze through the process of buying their cars.
It is likely that buying a new car will go faster than buying a used car. With a new car, you can be sure there won’t be any problems, but with used cars,
In addition to comparing prices, you should look for anything that might need to be repaired or replaced in the upcoming years. Additionally, the procedure might take longer if you’re trading in your old car.
It’s also important to keep in mind that interacting with dealers in person can be advantageous if you decide to use a loan rather than paying cash. You can talk to them about your financing alternatives and bargain a fair price on a car to ultimately obtain the best deal for you.
- Filling out Papers
While everyone is aware that there is some paperwork required after buying a car, such as arranging for the name change of all the documents and getting the current permits and insurance, many overlook the documentation required before actually purchasing a vehicle. This is as simple as having the automobile registered in your name if you’re paying cash, but if you’re taking out a car loan, you’ll have to sign the financial agreement.
By making sure you have all the necessary paperwork with you when you meet with the dealer, you can expedite this procedure. This comprises your driver’s licence and Your personal financial data if you are using a loan On the other hand, you have to ensure that you know what documents you need to get your car on the road from the seller. It’s always a good idea to bring your papers with you! By doing this, you will avoid having to argue with the dealer about any specifics because they are all spelt out in your documentation.
Requirements for buying cars in Nigeria
In Nigeria, the requirements for buying a car can vary depending on whether you are purchasing a new or used car, and if you are buying from a dealership or an individual. However, some general requirements include:
- Valid Driver’s License: You must have a valid Nigerian driver’s license to be able to purchase a car in Nigeria.
- Identification: You will need to provide a valid means of identification, such as a national identity card, passport, or voter’s card.
- Proof of Income: You may be required to provide proof of income, such as a recent payslip or bank statement, to demonstrate your ability to make car payments.
- Insurance: You will need to obtain insurance coverage for your vehicle. This can be arranged through a car dealership or an insurance company.
- Vehicle Registration: After purchasing the car, you will need to register the vehicle with the Nigerian Federal Road Safety Corps (FRSC).
- Purchase Agreement: If you are buying the car from a dealership, you will need to sign a purchase agreement that outlines the terms of the sale.
- Vehicle Inspection: It is recommended that you have the car inspected by a trusted mechanic before finalizing the purchase.
It is important to note that the specific requirements for buying a car in Nigeria can vary depending on the state you are in and the type of car you are purchasing. It is always best to check with your local authorities and car dealership to ensure that you have met all the necessary requirements before purchasing a car.
How to maintain newly purchased cars
After you purchase any car next is learning how to maintain it, Maintaining a newly purchased car is essential to ensure its longevity and to avoid costly repairs down the road.
Here are some tips on how to maintain a newly purchased car:
- Follow the Maintenance Schedule: Your car’s manufacturer provides a maintenance schedule in the owner’s manual. Follow this schedule to ensure that your car receives regular service and maintenance. This includes oil changes, tire rotations, and other routine maintenance tasks.
- Check the Fluid Levels: Regularly check the fluid levels of your car, including the oil, coolant, transmission fluid, and brake fluid. If any of these levels are low, top them up immediately.
- Keep the Car Clean: Regularly washing and waxing your car helps to protect the paint from dirt, grime, and other contaminants. It also prevents rust from forming on the body of the car.
- Check the Tires: Check your car’s tire pressure regularly and make sure they are inflated to the correct level. Also, inspect the tires for any signs of wear and tear, and replace them if necessary.
- Drive Smoothly: Avoid aggressive driving and sudden stops and starts. This puts less stress on your car’s engine, brakes, and suspension, which helps to prolong the life of your car.
- Address Any Problems Immediately: If you notice any problems with your car, such as strange noises or warning lights, address them immediately. Ignoring these issues can lead to more significant problems and costly repairs down the road.
- Use High-Quality Fuel: Always use high-quality fuel that meets the manufacturer’s specifications. This helps to ensure that your car’s engine runs smoothly and efficiently.
By following these tips, you can help ensure that your new car remains in excellent condition and runs smoothly for years to come.
Want to hasten the procedure?
One of the best things you can do if you want to shorten the time it takes to acquire a car is to consult with an expert. We at Carmart.ng strive to make the procedure as quick and simple as we can.
With our feature, Carmart BUY4ME You should only need a few minutes to complete our online application, and we can also save you time by helping you buy your winning car according to your budget. We’ll try our best to pair you up with the best and most reliable cars you can find.
Have 1 million naira and above to Buy or Sell Cars In Nigeria? Check carlots.ng
All rights reserved. Reproduction, publication, broadcasting, rewriting, or redistribution of this material and other digital content on carmart.ng is strictly prohibited without prior express written permission from Carmart Nigeria - Contact: support@carmart.ng
1 Comment
Hi car mart.ng, thank you for the info