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How to Buy a New Car Overseas

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By hottieballer
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Buy a New Car Overseas
Buy a New Car Overseas

At some point in time, everyone wants a new car. Maybe you sold your car before you came over so that you wouldn't have to ship it. Maybe you need a second car for your husband/wife to drive. Maybe you just want a new car and you can finally afford it. Just because you're living overseas doesn't mean you can't have it. Living overseas is a great time to buy a new vehicle. But you have to know what to do. Read on to learn more.

From Quick Guide: Auto Shipping Guide
Difficulty: Moderately Challenging
Instructions

Things You'll Need:

  • A dealer
  • Know the type of vehicle you want
  • A down payment
  • Patience

    Buying the Vehicle

  1. Step 1

    When buying a vehicle overseas, you first have to pick one out. Know what you want but keep in mind that roads in Europe are smaller than in the US. Generally, there are no limits to the types of vehicle you can buy overseas. In fact, many people wait until they are overseas to buy a foreign made vehicle so they don't have to pay the shipping fees or taxes.

  2. Step 2

    Locate a dealer. For military members, there is usually a dealer at every base. Sometimes, it is no more than an office, but some dealers have models of some vehicles outside. Make an appointment or walk in to the location nearest you and let them know you are interested in buying a vehicle.

  3. Step 3

    There are two ways to buy a vehicle overseas. You can have one factory built or you can buy one that has already been built. The difference is preference and time. If you want one that is factory built to your exact specifications, it generally takes three months. If you find a vehicle that has already been built that meets your needs, it takes only as long as shipping it will take. This depends on where the vehicle is located.

  4. Step 4

    If you have decided that you want to custom build your vehicle, do some research. Go to that company's website and find out exactly which features you would like in your vehicle. Take this information to the dealer. They will draw up an order form with your specifications.

  5. Step 5

    When the dealer has drawn up the paperwork to order the new vehicle, he will ask for a down payment on the vehicle. Even though you won't receive your vehicle for three months and you haven't signed any loan documents, the down payment is required for the dealer to place the order. They want to know you're serious about the order. You will sign documents declaring your intent to buy the vehicle, but the loan documents will come later. Once the order has been placed, it is a waiting game.

  6. Step 6

    Keep in regular contact with your dealer representative. He/she will be able to tell you if your vehicle is still being built, if it is finished, if it has shipped and so on. When your vehicle has reached the port where it is dropped off, it will take about a week to be in-processed. Use this time to finalize documents. Contact the dealer to finalize the loan documents. Contact your insurance company and get full insurance. Contact the registration office to get the vehicle registered and plated. You must complete these steps in this order. The insurance company will not cover a vehicle without a leinholder and the registration office will not register a vehicle that does not have full insurance. But, you cannot do any of these things until the vehicle has shipped or arrived in port because all of these things require a VIN number - the last step in vehicle manufacturing.

  7. Step 7

    There are two ways to pick up your vehicle. You can pick it up at the port it was sent to or you can have it delivered to one of the larger bases in the area for a charge. Ask your dealer for specifics. When the vehicle arrives, you will do an inspection. Make sure everything on the vehicle is working, is to your specifications and satisfaction. If the vehicle passes the inspection, you will sign documents saying that you are accepting delivery of the vehicle. Put the plates on and drive away your new car!

Tips & Warnings
  • Be sure to ask about rebates on the new vehicle. There are usually a lot of military rebates to be had. If the dealer tells you of rebates that are coming up, you might want to wait to order the vehicle.
  • There are some after-market items that may be unavailable as they are usually bought from a dealership. Your vehicle will be coming straight from the factory. If you want something that is after-market, ask the dealer. He/she will usually have the name and number of a company you can purchase the item from.
  • Carry GAP insurance. For an extra charge, a company will insure your vehicle for total loss. This is very important as driving in Europe can be dangerous and a new vehicle will leave your loan "upside-down." Ask your dealer about GAP coverage and don't sign the loan until you have it.
  • Don't assume the dealer will take care of everything. Take an active role in the process.
  • If the vehicle doesn't pass inspection, do not sign the documents until everything is taken care of.
  • If anything happens after you drive off the lot, be sure to call the dealer. They may be able to do something about it.
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