The process of buying a car shouldn’t take away from the sheer excitement of getting yourself some new wheels. That’s why we’ve compiled our top six tips to help you narrow down what you want, start the buying process, negotiate prices, and more!
1 Make a list of what you need out of a vehicle. If it’s your first car, maybe this list is endless. But when researching, try to think function-first. Really narrow down what you need out of a car: are you commuting often? Consider something that’s better on gas. Need a more kid-friendly car for your growing family? Make sure you pick a car with enough space (no – this doesn’t have to mean a mini-van).
2 Use price comparison tools. There are plenty of websites available that are super easy to use. You can search different makes and models to compare their prices and read reviews from fellow car buyers. Make sure you’re quoting your vehicle in Canadian dollars – some of the popular sites are also used in the U.S., so it’s easy to be misled by cheaper prices in USD.
3 Research the car details so you can negotiate the price. If you’re buying a car through a dealer, you can actually negotiate the price based on what the manufacturer price is. There are many websites that allow you to request dealer cost reports for vehicles on the Canadian market. Use this to your advantage!
4 Organize all this research beforehand. Sometimes going to the dealership and interacting with a salesperson can be quite overwhelming. Don’t let yourself be pulled into “deals of the day” or distracted by upsells and unnecessary features. Having all of your research on the type of vehicle and features you want organized beforehand will help you on the day of!
5 Put it to the test. Whether you’re buying new or used, make sure you take your potential new wheels for a test drive! If you’ve
6 Get insured. After all this time and effort to pick out and purchase the best car, you’ll want to make sure it’s protected. Look into
Got your dream car picked out?