A Guide To Used Car Buying In Canada
by Good Fellow's Auto Wholesalers Used Car DealershipWhen you are in the market for a new car,
but don’t want to pay full price, opting for a gently used or certified used
vehicle is a great alternative. There are some risks that come with buying used
cars, but with Good Fellow's Auto Wholesalers easy to follow used car buyers
guide, you can avoid costly mistakes when selecting a used car.
Preparation
Before you head out to the lot, you should
prepare everything you need in advance to make the process as smooth as
possible.
Pick Your Car
Before you ever hit the car lot, think
about what you need in a car. Will your main use be to get to work, or will it
be a family car to shuttle the kids around? Does your area get a lot of
inclement weather, or are the road conditions bland all year long?
Make a Budget
You should always make a budget ahead of
any large purchase, especially one that you will be paying for over a long
period of time. Write down the max you want to spend on a car, and the max you
are willing to pay in car insurance per year. Make sure that you include any
other fees such as title, licenses and periodic maintenance into your budget. If
you need Toronto Auto Financing then you should be aware of that ahead
of time, and find a car dealership that can help.
Research
This step is very important if you want to
get the best value out of your purchase. After you finalize your budget, take
some time to learn about the vehicle you would like to purchase. You can start
by looking for cars that meet your needs and then further sort the list by
those that fit your budget. There are several websites available that allow you
to compare makes and models as well as learn about potential maintenance cost,
depreciation trends and other issues that will affect your vehicle. These will
help you build a list of suitable vehicles based on actual reviews and proven
knowledge.
Look For Your Used Car
Now that you have set your budget and
completed your research, you can start looking for used cars available in your
area that fit your needs. There are several ways to go about looking for a used
car and some are easier than others. It is best to look up different car
dealerships in your area, and opt for one that is trust-worthy. You can tell
they are reliable by looking up different customer reviews.
Know Your Source
There is a difference in quality when it
comes to purchasing a pre-owned vehicle. Knowing the differences in advance
will allow you to make an informed decision regarding whichever used car you
decide to purchase. Here is a short list of differences to consider.
·
Condition - A private
seller will offer the car as is, whereas a dealership typically services the
car prior to sale.
·
Reliability - You run
a higher risk of being scammed or let down by a private seller, whereas a
dealership is regulated and can be held accountable.
·
Choice - A private
seller will only have one specific option available whereas a dealership will
have many choices that may fit your criteria.
·
Certified Pre-owned -
Private sellers are unable to offer certification but dealerships offer cars
that come with full histories and often are still under warranty.
·
Financing -
Dealerships can offer on the lot financing for your car whereas private sellers
usually only take cash or trade.
Buying Your Used Car
Once you feel confident about the car and
who you are buying it from, you are able to actually make the purchase.
Payment Options
There are several ways you can go about
paying for your used car purchase. Where you buy your car will often determine
the options that are available to you. Some of those options are:
·
Financing - You can
fund your purchase through the dealership or a bank.
·
Buying It Outright -
This is great for those who can afford it, or for those who are buying from a
private seller.
·
Leasing - This is best
if you are not a permanent resident, the dealership retains ownership while you
use the car for a dedicated time period.
How We Can Help
In conclusion, you’ll want to scout the market for the best price before making any hasty decisions; invest some time to research the model and the market to ensure that you’ve paid the best price before climbing into the driver’s seat. If you are interested in purchasing a vehicle, then do not hesitate to contact Good Fellow's Auto Wholesalers at 1-888-709-3125 today!
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Created on Feb 8th 2019 11:16. Viewed 483 times.