9 Things To Check While Taking A Delivery Of A New Car - Chola MS

If you are financing the vehicle, lenders require detailed proof of your identity and ability to repay the loan.

: Information on current debts, credit score, and a clear budget for a down payment (ideally 20%). 2. Vehicle Verification (Used Cars)

: Latest 3–6 months of bank statements and salary slips, and Form 16 for the last financial year.

For pre-owned vehicles, you must verify the car's history and legal status before making a payment.