Buying a car is a big investment, Things you should
but it can be exciting and know when buying
rewarding, especially if you feel
like you got the right car at a fair
a car ...
price. Here are some resources
that may be help you make
Consumer Protection Division
Office of the Attorney General
One Ashburton Place
Boston, MA 02108
Telephone: (617) 727-2200
TTY: (617) 727-4765
In addition, the Attorney General
has regional offices in Springfield,
New Bedford and Worcester. Visit
mass.gov/ag for additional details.
BBB of Eastern MA, ME & VT
Natick MA 01760-3767
BBB of Central New England
Worcester MA 01608
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Chicopee MA 01013 Agents on massauto.com
Things you should know when buying a car …
You look GREAT in that little red You will want to make a quick call to
sports car! The salesman says the your insurance agent or company to
dealership can process your loan find out how much it will cost to insure
application, and you can drive it the car.
home today. Sounds great, right?
Maybe … and maybe not! If buying the car is a “go”, here are
some things you should know:
There are some things you should do pay for the new plates
BEFORE you sign that dealer 1. The dealer must assign the (cost varies depending
purchase agreement, because once vehicle’s title to you at the time on plate type) or a plate
you sign it, you don’t have the right of delivery. Make sure the back transfer ($15), a title ($50),
to change your mind. of the title is one of the and the sales tax. The sales
documents you sign before you tax is based on purchase
Before you make your final decision, drive away. price for dealer sales and
you’ll want to know what that hot little 2. If you are trading in your old car, “book value” (to be
number will cost you to insure. in some cases you may have a determined by the RMV) for
Massachusetts is a compulsory “grace” period to give you time private sales.
insurance state, so you must have to get to the RMV. Your 4. Your new car must have a
liability insurance. The loan insurance agent or company can safety inspection within seven
agreement you sign to buy the car tell you whether this law applies days of registration.
will, no doubt, require you to carry to you. 5. If you are buying a used car,
physical damage – comprehensive 3. To register your new car, you you may also need to have a
and collision – coverage. You might will need an RMV-1 Application pre-insurance inspection
be surprised to find that the tiny little for Registration form and the title within ten days of purchase.
sports car has a very big price tag to the new car. This RMV-1 form This inspection is different
when it comes to insurance, will be completed by the dealer from the safety inspection and
particularly if you have a somewhat or by your insurance agent or required by Massachusetts
checkered past in the accident and company if you are buying from regulations in order to
ticket department! a private person. When you determine if there is existing
register the car, you will need to damage or broken glass.