Getting the paperwork done
Buying a car can be a rather daunting experience, and one of the most-asked questions we get at #AskAutoTrader, is what paperwork you need to purchase a car. We chatted to a few dealerships, and the answer is surprisingly simple.
Related: What documents should I get when buying a car from a dealer?
Once you’ve decided to purchase, you will need three documents for the dealer to initiate the sale.
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ID Document
A green barcoded ID or SA ID card is needed to prove you are you. If you are a foreign national, your country of origin’s ID and relevant work permit or visa will be required.
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Proof of residence
You must provide proof of residence, for example, a utility bill or similar bill statement mailed to your residential address. If you have no bills to speak of, which is highly unlikely, a copy of your rental agreement should do.
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Proof of income
The last document you will need is proof of employment or income. Your latest payslip or (if you are self-employed) a few months’ worth of bank statements will do – usually the last three.
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The dealership will then assess affordability to see how much you can comfortably afford monthly. Then, their finance team will assist with securing finance from one of the various financial institutions.
The same documents will be needed if you want to sell your car and have a few tools available on AutoTrader to assist. You can get an Instant Offer or find out how much you qualify for on your finance amount.
