The Top Things To Look For When Buying A Used Car
February 16 2018, Jessica George
Here at Western Used, we know that people often have many questions and concerns when buying a vehicle. Our goal is to make it as easy and hassle-free as possible for our customers to leave happy in a used car that fits their budget and lifestyle. We’ve rounded up some of the most important things to consider when purchasing your next vehicle.
The most prominent reason that we started this blog was to share my knowledge of vehicle financing. It is the topic that we receive the most questions about, and the topic with the least knowledge publicly available. Knowing and understanding how financing a vehicle works is key to making the purchase process run smoothly.
When you’re financing a vehicle, here are a few things to consider:
- Your credit rating or situation: do you have good credit, bad credit, or no credit?. Consider how it relates to your chosen vehicle’s price. As a finance expert, I specialize in securing vehicle loans for people no matter what their credit looks like.
- The bank that you’ll be financing through: I work with several of the major financial institutions to accommodate our faithful Newfoundland customers. These institutions include TD Auto Finance, Bank of Montreal, CIBC, Royal Bank, Industrial Alliance, Scotiabank, Scotia Dealer Advantage, Auto Capital Canada, and Carfinco. Submitting a finance application here on our website allows me to determine what bank best suits your needs. Our lender selection allows us to secure your loan from a bank that you may already deal with.
- Financing rates: Depending on your credit situation and the vehicle you’re purchasing, different lenders offer different rates for used vehicle loans. Check out this article that shares important details on guaranteed auto approvals, and know that we work hard to find you the best rate for your current situation. In doing this, our goal is to be completely transparent and educate you on how we do auto financing.
- Work with professionals: Beyond these major considerations, there will always be questions that stem from your personal situation, and that’s okay! Know that I’m here to help! I’d be happy to answer any questions that you may have about vehicle financing. More insights and tips can be found on our blog homepage.
The Vehicle’s History
When buying a used vehicle, it can be tough to know the life it lived before arriving on the lot or in your driveway. Here at Western Used, we offer CarProof reports for all of our used vehicles.
CarProof reports allow you to see accident history, theft reports, registration status, and more. Using CarProof is a quick and easy way to know that the vehicle you’re looking to buy has never been in an accident and is of the highest quality. We only buy used vehicles that meet our quality standards and are proud to offer CarProof reports to back them up.
The Vehicle Itself, and its Condition
Beyond the technical details and history of the car, don’t forget to give the vehicle that you’re purchasing a thorough visual inspection. Look for any potential leaks, dings, or scratches. Ensure that the components are sturdy and well-built for your needs.
Take it for a test drive and get a feel for how it handles. While you’re in the driver’s seat, we recommend trying the different features of the vehicle. Test the heat/air conditioning, automatic seats, locks, speakers, and more. Make sure that the vehicle meets your personal standards and we’ll take care of the rest.
A Fair Purchase Price
Any financing deal that you arrive at will have started from the agreed upon purchase price, so it is important to consider this number and not just your payments.
We know that used vehicle shoppers in Corner Brook and beyond are looking online to find the best deals. That’s why we partner with CarGurus to provide additional insights into our posted prices.
CarGurus offers an independent service that we’ve built into our site so that you know you’re getting a good deal. It compares our prices to the average market price for similar vehicles at other dealerships. Here, is an example of a good deal breakdown; it shows the average market price, a price vs. kilometres rating, and other relevant statistics to help ensure that you’re making the right decision.
If you’re looking to save some money on our already-fairly-priced vehicles, you can check out our selection of used vehicles under $9,999.
These are just a few of the major considerations to look for when buying a used vehicle. If you have any other questions, myself and our professional sales team are always eager to assist.