Car Buying Tips in Canada
Car Buying Tips in Canada
In Canada, automotive consumers have an abundance of choice with over 30 manufacturers and hundreds of models to choose from. Though the pool of vehicles to choose from is vast, there are many decisions to make before buying a new vehicle. Things to consider include purchasing a domestic, an import, finance, lease, buy outright, a car, an SUV, a Truck, and the list goes on. At West Side Acura, we want to make your vehicle purchasing experience as simple and fluid as possible. Residents of St. Albert, Beaumont, Leduc, Spruce Grove, Devon, Stony Plain, Fort Saskatchewan, and surrounding areas of Alberta can rest assured that we will help them every step of the way. We have a fantastic inventory of new Acura's to choose from or you are welcome to browse our extensive pre-owned inventory; each vehicle is hand-selected and meets out strict guidelines. Continue reading to learn more about some of the important steps that need to be taken when purchasing a new vehicle.
How to Purchase a New Vehicle in Canada
Purchasing a vehicle for many is the second-largest acquisition of their lives. So being aware of some important steps is vital to navigating through the process.
Plan
Firstly, it is important to layout your personal budget, including the price of the vehicle, insurance, fuel economy and registration. Ownership costs need to be considered.
Research
Once you've decided how much you can afford next determine what segment of the vehicle will best suit your needs, wants, and lifestyle.
Find the Car
There are many places you can go to purchase a new vehicle. Online, in-store or privately are the most common locations. Purchasing from a certified dealership provides extra peace of mind.
Test and Inspect
Once you've found the perfect vehicle that fulfills all your needs and wants, make sure to take it for a test drive. Either inspect the vehicle yourself or bring along a friend or mechanic to give you a more thorough assessment.
What is MSRP?
MSRP stands for Manufacturer's suggested retail price. Which is the price we all see on the window sticker of the vehicle. However, many Canadian automotive dealers will sell vehicles for below MSRP, helping to entice consumers.
What is a Down Payment?
A down payment is a monetary amount that can be put towards a finance or lease contract. It helps to bring down the monthly payments. Though down payments are not required, they can help you get a vehicle into your monthly budget. If you have any questions regarding any of the steps or terms used, please don't hesitate to contact us.