Saturday, October 31, 2009

Buying a car.. What is buyers order? proof of insurance? car loan from Credit Union?

Hello,



Buying a car.. What is buyers order? proof of insurance? car loan from Credit Union?

A buyers order is basically your purchase contract. It has the info on the car you want to buy (model,VIN, and any other related info).



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Buying a car.. What is buyers order? proof of insurance? car loan from Credit Union?

Buyers orders: probably a signed document of what you have chosen to buy as well as what is on the vehicle.



Proof of insurance: means just that, you have proof that the vehicle that you are planning to buy is fully insured.



Car loan from credit union: a check from the credit union made out to the selling dealer.

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