Help Me Understand Next Steps On Buying This Used Car! [EASY Question] [Newbie Confused On Process]
Hey everyone. This is my first time buying a car and I'm wholly confused on my next steps. It's highly likely that I'm overthinking this and I just need some clarification. Here's a punch list of the timeline thus far:
-Did a ton of research and found a great car at a very small dealership
-Dealership is lightly sketchy but car is great, salesman gives me verbal agreement on price
-Got pre-approved for a loan with a credit union based on car year/mileage and verbally-agreed-upon price
-Called salesman at dealership to confirm pre-approval, salesman tells me I don't need to do anything else other than to come in to sign paperwork and pick it up
Getting confused on when in the process of when I actually pay for this thing.
I'm guessing the dealership will contact my credit union and cover it from there, right?
Posted Jun 16, 2017, 7:35 PM UTC