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Buying a new car in a state you are a resident of vs. one you are not
Posted on 11/7/12 at 11:23 pm
Posted on 11/7/12 at 11:23 pm
Any pros or cons I should be looking for?
This will be my 1st car purchase fwiw
This will be my 1st car purchase fwiw
Posted on 11/7/12 at 11:35 pm to BACONisMEATcandy
If you're getting a good deal out of state, go for it. But, other than that, you really won't save much and if anything, it can be a headache to get the car registered in your state. Make sure the dealer knows before hand that you plan to register the car in your home state.
Posted on 11/7/12 at 11:43 pm to Gujam8
So as long as I am getting the better deal... That should be my only concern?
Posted on 11/8/12 at 12:39 am to BACONisMEATcandy
Not sure the states involved, but there might be some extra paperwork and issues for getting the car across border and having it registered in your home state. It's important that the dealership you're buying the car from helps you with out-of-state registration and DMV work.
Concerns otherwise? Not really. It's quite common actually where people buy out of state. I've done it twice and it wasn't a big deal.
It's also a good idea to look into the requirements on your state DMV site on how to bring the new car back into the state. There might be some issues with registration/tax credit n stuff...
Concerns otherwise? Not really. It's quite common actually where people buy out of state. I've done it twice and it wasn't a big deal.
It's also a good idea to look into the requirements on your state DMV site on how to bring the new car back into the state. There might be some issues with registration/tax credit n stuff...
This post was edited on 11/8/12 at 12:53 am
Posted on 11/8/12 at 1:09 am to Gujam8
Thank you sir... I am a Louisiana resident fwiw
Posted on 11/8/12 at 9:00 am to BACONisMEATcandy
I bought mine in TX bc it was $5500 cheaper.
Only issue was that my bank didn't exist in Dallas so I had to pay cash, then when I brought the car back to LA the bank loaned me the money back and I transferred the title again.
Only issue was that my bank didn't exist in Dallas so I had to pay cash, then when I brought the car back to LA the bank loaned me the money back and I transferred the title again.
Posted on 11/8/12 at 9:16 am to Golfer
quote:
I transferred the title back
Just curious. How much did the cost you? I've heard it can be costly.
Posted on 11/8/12 at 10:20 am to silstang23
quote:
Just curious. How much did the cost you? I've heard it can be costly.
My credit union did it as a courtesy since it wasn't a normal transaction. I paid for it the first time $50
Posted on 11/8/12 at 10:51 am to Golfer
I'm a Louisiana resident and bought my last vehicle in Houston because it saved thousands of $$. Dealer sent me the paper work and I paid T/T/Lic fees in LA several weeks later. There were no extra fees buying in TX. There was no financing, I just wrote them a check from my bank in LA.
Also, they put a temporary TX Lic Plate on it and I never had a problem.
Posted on 11/8/12 at 7:55 pm to BACONisMEATcandy
I like to buy local .. which means between Houston and Atlanta.
Find the car you want (model, color). Then just email the dealers within 500 miles of you. They'll try to find it, then price it very low because the only thing they have invested is a little internet time.
My last purchase one dealer found 'on the boat' coming into Port Houston. Another dealer beat his price ... the same exact vehicle 'on the boat'.
Find the car you want (model, color). Then just email the dealers within 500 miles of you. They'll try to find it, then price it very low because the only thing they have invested is a little internet time.
My last purchase one dealer found 'on the boat' coming into Port Houston. Another dealer beat his price ... the same exact vehicle 'on the boat'.
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