Your New Car Checklist: What to Do After You Buy a Vehicle

Buying a new (or new-to-you) vehicle is an exciting milestone—but it doesn't end when you drive off the lot. Once you've signed the paperwork and received the keys, there are a few important steps you should take to protect your investment, ensure your safety, and avoid any surprises.

1. Insure Your New Vehicle

Before you leave the dealership—or even finalize the purchase—make sure you've got insurance coverage in place. Most lenders require comprehensive and collision insurance when you're financing a vehicle. Even if you're paying in cash, it's still essential to protect your new investment.

Tip: Contact your insurance provider ahead of time to compare quotes and arrange coverage to begin as soon as you take ownership.

2. Register and Title Your Car

In Tennessee, you're required to register and title your vehicle with the county clerk's office. If you're buying from a dealership, they typically handle the paperwork for you. But if you're purchasing from a private seller, you'll need to do this yourself.

To register your vehicle, you'll generally need:

• The vehicle title or proof of purchase
• A valid photo ID
• Proof of insurance
• Payment for the registration fee

Check with your local county clerk's office for specific requirements and timelines.

3. Understand Your Loan (If You Have One)

If you financed your vehicle through UTFCU or another lender, take time to understand the terms of your loan:

• What's your interest rate?
• When is your payment due each month?
• Is there a penalty for paying off your loan early?

Tip: Consider setting up automatic payments through UTFCU Digital Banking so you never miss a due date.

4. Add Your Car to Your Budget

Now that you're a car owner, it's time to adjust your monthly budget. Beyond your loan payment, factor in:

• Insurance premiums
• Gas
• Routine maintenance (oil changes, tire rotations)
• Unexpected repairs
• Registration renewals

Keeping track of these costs can help you stay financially prepared and avoid surprises down the road.

5. Schedule Maintenance and Get to Know Your Vehicle

Even brand-new cars need regular checkups. Check your owner's manual for recommended maintenance schedules and get into the habit of keeping your vehicle in good shape from day one.

Also, take a few minutes to:

• Learn how to operate safety features and tech systems
• Find out where your spare tire and jack are located
• Set up Bluetooth or infotainment preferences

Getting familiar with your vehicle early makes you a more confident (and safer) driver.

6. Consider GAP Coverage or Mechanical Breakdown Protection

Sometimes. accidents happen soon after purchase—or your car may experience a costly repair when you're least expecting it. That's where options like GAP (Guaranteed Asset Protection) and Mechanical Breakdown Protection (MBP) can help.

UTFCU offers Guaranteed Asset Protection (GAP) and Extended Warranties that can be factored into your car loan. We offer our members exclusive rates and features that can save you hundreds of dollars over the long run. 

Ask a UTFCU team member about available options to protect your purchase.

7. Show It Off—But Stay Safe

Enjoy your new ride! Take a few selfies with your car and celebrate the moment—but remember to stay safe while doing it. Avoid sharing personal details like your license plate number or locations when posting photos online.

Ready to Buy Your Next Car?

If you're still in the shopping phase, UT Federal Credit Union can help you get pre-approved for an auto loan, explore relationship rates, and find a payment that fits your budget. Whether you're buying from a dealership or private seller, we're here to support you every step of the way.