Used cars buying guide
Buying a used seems stressing; with so many things to consider, where do you even start? We'll show you how to find used cars that not only fits you perfectly, but one that you'll feel safe behind the wheel in. Here are the steps when buying a used car:
Deciding which used cars you should buy will depend on your needs, your budget and personal preferences. Consider which features are necessities, and which are luxuries. Evaluate a car’s make/model, price, fuel economy, safety rating, size, driving experience and resale value.
To find used cars near you check out resources like online listings, consumer reports, your local newspaper’s classified section, print buying guides and public auctions. Don’t forget to visit your local dealership to check out their inventory, as they constantly get new stock for used cars.
Each province has different regulations for finalizing the sale of a used car. We’ve compiled the steps and information that you need to know, as well as provided links to the appropriate websites. When in doubt, contact your provincial government to ensure you and the seller have covered your bases.
Not sure if the car you're interested in is priced fairly? Though there are many factors that can influence the value of a car - accident history, maintenance, weather damage - using the CARFAX Canada Value Range tool can help you find the average selling price of similar vehicles in your area, giving you an idea of where to start.
A 30-minute test drive is essential to evaluate how a car runs in a realistic setting. Plan a familiar route and test actions you would typically do; hit the brakes, put it in park, take a corner, accelerate, merge and change lanes. Get a feel for the car’s accessories and ensure they work.
A pre-purchase inspection is essential to determine the cosmetic, mechanical and safety condition of a car. A mechanic can help pinpoint any existing conditions as well as highlight potential future issues. This information is critical and can help provide negotiation leverage.Before you negotiate, make sure you know the vehicle’s Value Range, and educate yourself on the other factors that impact a vehicle’s value. This will help you make a confident offer based on your research and budget. Keep your emotions in check and be prepared to walk away – a successful agreement will benefit both parties.
