Is it better to buy new or used? The best financial answer to this question is Used of course!!!! This article will provide you with the necessary provisions one should make as they enter the Canadian used car market.
Buying a pre owned vehicle can become both a lengthy and stressful process. The first question you’ll have to ask yourself is would you prefer buying a car from a dealer or private seller. Each has its advantages in Ontario, Canada.
A dealer can provide warranties, auto financing and if your shopping at the right dealer, will stand behind the vehicle for a given period of time. Usually dealers’ are hesitant to stock cars or trucks with poor accident history or that are in poor physical or mechanical condition. So, a car dealer may be the perfect place to save some money and buy a pre owned car for those who are not overly confident in the pre owned buying process.
In turn, a private sale offers several advantages as well. First and foremost is buying privately will typically allow you to pay less for the vehicle. While a dealer is familiar with car prices and automotive values, private sellers typically are not. Private sellers are looking to sell their used vehicle as fast as possible, whereas a dealer is trying to sell it for top dollar. Lastly, here in Ontario consumers can take advantage of the tax savings of buying private. Currently, car buyers are only responsible for paying 5% GST on all private sales, whereas buying from a dealer in Ontario will call for consumers’ to pay both PST & GST. Nevertheless, this advantage is soon concluding as the Ontario government is set to introduce the Harmonized sales tax in June, 2010. So this means if you’re thinking about buying a new used vehicle then do it soon before the HST increases the bottom-line price on a used car.
Buying private could become very advantageous to those willing to take a larger risk. If you follow the steps outlined below, we can help you become a more informed consumer, which will help alleviate some stress in the overall sales process.
1. Visit some automotive classifieds sites on your computer or on your mobile phone you can visit vehicle gateway. Here, you’ll find a Used Car Value Finder which will give you a better idea of which vehicles you can afford and at what price would make the car sale a good deal. This tool becomes extremely useful when your visiting a dealership showroom, car lot of even private seller as it becomes a negotiation tool.
2. After you’ve narrowed down your makes and models (Nissan, Toyota, Honda, Mercedes Benz, BMW, Lexus, Acura – are some with the highest resale values) proceed to doing a search on some of Canada’s larger automotive marketplaces. I personally like vehiclegateway.com which I find to be very different than anything else online because they provide consumers with the steps and information that educates shoppers which will allow them to make a more informed decision. Their condition report feature is like no other site and the information provided is of much higher quality. Their condition report includes the following answers to the necessary questions one should ask when buying a used car….
” Ownership History: – Has there been a lot of owners? If so, why?
” Exterior Condition: – Are there any scratches, rust, dents?
” Interior Condition: – Is there stains, rips, broken components?
” Engine Condition: – How does the engine run? Any noises?
” Brake Condition: – Do the breaks squeak? When they were last replaced? Rotors?
” Tire Condition: – How old are they? How much tread is left? Are they all seasons? Do they have winters?
” Inspection: – Has the car or truck passed a safety? Will they allow you to take it for a full inspection?
” Accident History: – Has the car been in a major accident? You should worry too much about fender benders.
” Service History: Has the car had all necessary service? Does the owner have maintenance records?
” Emissions Test: – Has the vehicle already passed the Ontario Drive Clean Test?
” Reason for Selling: Why are they selling the vehicle? Make sure you trust the seller’s reasons.
” Overall Condition: – Is this car in top overall condition?
Make sure the answer provided meet your standards and don’t compromise. The car or truck will either meet your standards or it won’t.
3. Vehiclegateway also provides Canada’s first Free “Used Car Buyers Guide” which is a 95 page handbook that is provided to further educate consumers on the process of making the right decision when buying used.
4. Dont Buy A Lemon.ca is also a great resource for consumers, its automotive blog and directory is designed specifically to offer further guidance in Canada’s preowned vehicle marketplace.
5. Lastly, I urge you to check out several online vehicle classifieds sites. Compare prices, compare conditions (condition reports can only be found on vehicle gateway) and make sure your confident in your decision before you buy.
If you’re still concerned, check out your local franchised dealerships who offer certified pre owned vehicle programs. Backed by manufacturers, these programs like Acura Pre-Owned Certified Performance, BMW Certified Series, Mercedes-Benz Certified, Volkswagen Certified Pre-loved, Toyota Certified Used Vehicles, Nissan Certified Pre-Owned Vehicles, Honda Certified Used Cars, and GM Optimum Used Vehicles offer many of the advantages of buying a new car, but at a price you can afford. Canadian certified pre owned vehicles are meticulously restored and are backed by a manufacturer’s warranty. VehicleGateway.com certified pre owned car section offers information and specifics about each of these programs as well provides a search functionality that allows users to search for just certified pre owned inventory.
Buying a used car or truck is smart a financial descision, but please take neccessary steps to educate yourself towards buying the right used vehicle.
Author Resource:- ABOUT THE WRITERS Ryan H Mack is a writer and marketing consultant for vehiclegateway.com in Canada. VehicleGateway.com is rated the #1 online pre owned vehicle marketplace for Canada. With this site you can search brands like used Hondas or even used toyotas cars from many local dealers. As well search through many different categories such as pre owned cars, trucks, Boats, SUVs, Vans, Sports Cars, Motorcycles, Classic Cars and more. Search locally in major cities like Toronto, Ottawa, Montreal, Edmonton, Vancouver or Calgary for the second hand auto of your dreams. Or search by province, something no other classifieds site does today, search used cars for sale throughout Canada and buy a car in Alberta, British Columbia, Manitoba, Ontario, Quebec, Saskatchewan or Nova Scotia.
Tag: Canada
Being Freed Early From A Car Lease
It is not according to the complete amount of the car. But there are instances when someone who leased a car needs to step out of the lease before the term is up. Most of the people think this is unattainable, but there is a way to shift a lease to a different person.
Do You Know Lease Busters?
Lease busters is the word used to describe the way someone can terminate their lease early, without taking on charges. This idea is becoming ever more popular in Australia, as well as in the UK, Canada, and America. A lease assumption procedure where a person exchanges their lease to another person that will resume payments with a short-term lease arrangement is known as a lease buster.
Because people are under the assumption that when they sign a lease contract, they are obligated to stay with the lease arrangement all through the period, with the only option to get away from the lease is to default on it, they stay away from the car leases. There are numerous negative effects in defaulting on a lease. The thought of leasing a vehicle is a far more attractive replacement for getting a brand new car since the ability to transfer a lease has grown very popular and well known.
Advantages Of A Lease Transfer
There are various rewards to both parties when shifting a lease. The most apparent is that someone who can no longer manage their lease obligations, or just do not like to pay their lease bills, could get out of the lease agreement early, without experiencing any costs or penalties.
For a short length of time, the person on the opposite end of the lease assumption process have the opportunity to get a new car. It’s a great benefit to several people who want a vehicle but don’t have a large sum of money for an advance payment as this person doesn’t have to pay for a payment in advance to acquire a car in these situations. The only qualification is to carry on paying the specific lease bills already given to the contract, till the period of the lease concludes.
How To Get A Lease Prediction
The Buyer’s Process
First, you need to get pre-approved. Lease Trader, Lease Busters, and Swap A Lease are some of the countless internet pages to help you with this procedure. After that, think of your finances and get an automobile with a lease. Online marketplaces are the perfect sources to look for automobiles. Before you take over the lease, it is necessary that you have a 3rd party assess the lease.
The exchange procedure starts from the lease busters. You, as the person who will take over the lease, will need to accomplish a credit application and have approved by the leasing company. You sign the papers and get back to the leasing firm when accepted. The procedure is finish and you make plans to obtain the automobile.
The Seller’s Method
To ensure that consumers could see what you offer, the first thing is to record your vehicle on an online marketplace. You should start the transfer method with the leasing company after an individual is interested in taking on your lease.
Best short car lease from auto leasing companies
Assuming another person else’s motor vehicle lease is an idea price consideration. You will be totally free to set your very own terms in this sort of conditions. A human being willing to break a lease needs do it as quickly as possible. This is an advantage that you can use to negotiate for a reduced total price. Exact same goes with van leasing and private leasing. Most of the processes in individual leasing and car or truck leasing are identical.
Search preferred car or truck lease internet websites to master about the accessible lease possibilities. Lease holders use these internet websites as brokers. These sites are quite beneficial for persons who want to get out of a lease agreement. Come across a reliable company that gives this kind of services. A regular brief expression lease is at minimum 6 months very long. Know that you have to pay month to month payments as existing in the authentic auto lease. Go through the automobile swap terms. Totally look at the problem and inquire about the heritage of vehicle in advance of you make a decision. Under no circumstances indicator the auto swap paperwork previous to inspecting the vehicle in-person.on.
Negotiate with the seller to cover automobile lease transfer charges. If there are fees for filing credit score software, you can consult the seller to spend them. Original vehicle holder’s firm will get ready all lease paperwork. Make the car lease transfer by signing the lease contract. Carefully study the problems, ensures and mileage limit before signing the contract. You can buy or return the motor vehicle when lease contract expires. You will have to pay out excess fees for mileage overages and damages to car. You will need to constantly look at the vehicle for dents and faults. These details will need to be there in the ‘due bill’ document. Lease Organization won’t be able to maintain you responsible for faults that were existing prior to the commencement of lease contract.
You don’t have to indication a multi-year contract or pay an initial down payment to lease a motor vehicle. If your desires are temporary, you really should go for a quick term lease solution. Assuming someone else’s car or truck lease is an strategy really worth consideration. You will be free to set your own terms in these kinds of instances. A individual ready to break a lease wants do it as quickly as probable. This is an benefit that you can use to negotiate for a reduce total price. Very same goes with van leasing and own leasing. Most of the processes in own leasing and car leasing are identical.
Search common automobile lease internet websites to learn about the accessible lease solutions. Lease holders use these web sites as brokers. These sites are rather beneficial for people today who want to get out of a lease agreement. Come across a respectable organization that delivers these services. A common short phrase lease is at minimum 6 months extended. Know that you have to pay month-to-month payments as present in the unique auto lease. As very long as you are residing in the US, Canada, or a identical county not in the EU, you will meet this requirement.
There are several added benefits to leasing as opposed to renting a car in Europe.
Very best short car lease from auto leasing companies
Car Leasing Or Quick Expression Rental – Which Should I Pick?, Best short car lease from auto leasing companies, Depreciation and Brief – Phrase Car or truck Leasing Contracts
Used Car Dealership in North America
Car dealership is an established business in North America. Car manufacturers and dealers have enjoyed an excellent exchange partnership over the years and have provided the best cars to clients in all the states of US and provinces in Canada. The flow of business is as simple as obtaining franchise from car manufacturers and selling cars of either exclusive or multiple brands.
New car dealerships usually sell exclusively-branded cars, while used car dealerships carry cars from different brands and manufacturers. There are also new car dealers, usually of large-scale proprietorship, allied with different manufacturers under specific contracts and franchises. In some parts of the continent, car dealerships are systematized into chains but owned by one company. Unlike new car dealers that sell cars of different brands, these dealers have different inventory showrooms at different locations.
On the other hand, used car dealers are less sophisticated in terms of business rules. These dealers collect used cars from any manufacturer, refurbish or restore these cars’ features, and sell these cars at competitive prices much lower than those of brand-new car. Many used car dealers in progressive cities like Indianapolis make high revenues because of the demands for used cars over new cars.
Used car dealers like indianapolis used car dealers normally have a showroom for their inventories, just like new car dealers. Most of the time, used car dealers showrooms are bigger, since these showrooms display cars of different brands. The used cars are displayed with stickers containing the offered price and the summary of the features. Car dealers should be very careful in informing buyers of the history of the used cars before closing the deal.
A large percentage of the used cars offered by car dealers like indianapolis used car dealers is comprised of trade-ins. Trade-in vehicles are cars that are surrendered to dealers in exchange for brand-new or secondhand cars. The value of the car offsets the price of the new car and offers other benefits, like avoiding tax payment for the total price of the new car purchased.
Most used cars have a lifespan ranging from 3 to 7 years, depending on the damage acquired or the years of use. Used car dealers like indianapolis used car dealers can offer additional features in the warranty, such as repair benefits and rentals.
Some Practical Ways To Theft-proof Your Car
Owners of Dodge, Chrysler, Jeep and FIAT vehicles and Calgary Dodge dealers might be thankful that their car models are not in the list of Top 10 Most Stolen Vehicles in Canada as reported by the Insurance Bureau of Canada but it does not imply that car owners should be lenient and confident.
What the Insurance Bureau of Canada reported were the car models that organized vehicle thieves have taken away, sold outside of the province or other countries and never to be seen again.
When you go to the police department and research the incidence of car burglaries, you will discover that no car models are spared from car thieves. Calgary Dodge owners might be thankful that they still have their vehicles but this does not mean that they are immune from break in.
With this reality, every car owner must theft-proof his or her car. Below are some practical ways that you can do to prevent thieves from ransacking or car-napping (just like kidnapping) your car.
Lock your car doors at all times. You cant control what the outside environment may do but you surely can control access to your car. With the current auto lock technology which can be done remotely or one push of the car door lock at the drivers side, there is no reason that you cannot lock your car.
So you are forgetful? I assume that your car has an auto lock and alarm system? Set your cars auto lock mode to 15 seconds. This might be cumbersome at first but you will get used to being disturbed by the auto-lock and alarm switching on after 15 sectors.
Never leave even a slight slit of opening on your windows. Roll it up fully so that no hands could gain access into your car. Do this even if you think you are on a safe place or you are just standing near your car.
Hide under the car seats or inside your trunk things like bags, jewelry box, gifts, grocery bags that might attract thieves. Make your car interior look as bare as possible to avoid getting the attention of the lurking thief.
As much as possible, park your car at a place where you can see it or there are people who can witness if there would be some kind of theft activity that might be happening. Dont park your car alone in a dimply lit corner.
There are various electronic locking mechanisms that you can install on your car, such as the auto-ignition off, gasoline supply stoppage, and gearshift locks. These locks when activated will immobilize your car. These will give your car a second line of defense.
Of course, there is no guarantee that your car, be it the latest