Quote Originally Posted by loverlionus View Post
Hi, we are just waiting for the approval of the company car plan before making the purchase. May I just ask some newbie questions on how to purchase a car (this is our first brand new car):

1. Is there a need to make a reservation? Is this refundable? What is the purpose of this?
In the local market, yes. This gets the "ball" rolling and the sales process moving.

Generally it's not refundable but you can ask your specific sales person if you can still refund your deposit in case you change your mind.


2. Can the dealer already process the sale based on the reservation? For example, if there is a two week waiting time to get the car, does this start upon payment of a reservation?
Yes, see previous reason.


3. What are the next steps after the reservation?
The sales agent will ask you to fill an information form which includes your general information, mode of payment, address, business, car to be bought, etc. They will also ask you if you want to have the in-house insurance or will you prefer to have your own insurance.

For more details, just ask your sales agent to guide you through the steps.