Buying New Car in Virginia
Virginia has a large number of registered vehicles that add up to over 7.5 million. With so many vehicles in the state, it is necessary to have a regulative authority that covers all matters related vehicle registration, licensing, and traffic rules. Just like in every other state, The Virginia Department of Motor Vehicles is the governing body for vehicles here. Car owners, sellers, and drivers must comply with the standard procedures developed by this department.
Buying New Car in Virginia
At some point in our lives, you may come across the decision of buying a new car. If you live in Virginia, and are planning to buy a car, it is important that you have a thorough understanding of the paperwork and legal procedure of buying cars in this state.
When buying new car in Virginia, you need to find a suitable car dealership that is authorized and reputed. Factors such as budget, affordability, and car insurance need to be kept in mind. Once you have chosen a car, you should check the running condition for any technical fault. Insurance is very important; the car dealer will provide you information about the type of car coverage finance options. Remember, driving an uninsured car is illegal.
Once all these matters are settled down, you can proceed by obtaining a title transfer form. This form transfers the ownership of the car from the seller to the buyer. In case when one is buying a car, the title transfer form will be filled out by the seller. Apart from this, you will also receive a Bill of Sale certificate which will mention the sale price and payment confirmation.
The final step in purchasing a car is to register it with the Department of Motor Vehicles. You will need to submit the following documents to the Department for registration purposes:
- Title transfer form
- Filled out form for registration
- Residency proof and identity proof
- Receipt of titling fees
The Department of Motor Vehicles will inspect all the documents and register your car. Upon receiving confirmation from the Department, you can legally drive your new car.