Purchasing a vehicle to become an owner is very exciting. There are considerations to be had and here we will help you with some questions you may have.
5 important questions answered:
Following we will go through and answer five common questions when becoming an actual owner of a new vehicle. .
Can you buy a car with a credit card?
Most dealerships will accept credit cards as a method of payment and CRS Automotive Cambridge, ON certainly does. When using your credit card make sure that your limit is enough for your purchase. Some dealerships, Including CRS Automotive, may have a credit policy that permits a certain amount to be paid for by credit payment and the rest of the amount to be paid for by other means.
Can you buy a car without a license?
To legally own a vehicle you need a license from an accredited insurance policy, and vehicle registration.
Can you inspect and test drive the car before purchasing it?
Most vehicles are available for examining and testing, both of which are essential to see if the vehicle is a good fit for you. Weather and season may affect test-driving ability. New vehicles and some used vehicles at dealerships will all have warranty coverage. Used vehicles that are warranted are Certified Pre-Owned Vehicles. For used vehicles especially, it is important to ascertain if it’s perfect for you.
How to prevent being scammed?
In 1997, the Ontario Motor Vehicle Industry Council (OMVIC) formed to implement the Motor Vehicle Dealer’s Act (MVDA), which sought to protect consumers from scamming and other injustices when purchasing vehicles. To be a legal car dealership in Ontario, businesses must register with the OMVIC and follow the MVDA mandate. This means that going to a new or used car dealership prevents all possibilities of being scammed. Private sales are unregulated, so it is best to be active in questioning any potential seller and following your gut.
New or pre-owned vehicle?
Deciding between a new or pre-owned vehicle is mostly influenced by finances and if the purchase is feasible. A new vehicle depreciates the most it ever will in its lifetime in the first three years. Pre-owned could be smarter in addition to the fact that the cheaper the vehicle value is, the less you pay for your required monthly insurance.
No matter what, purchasing your vehicle is a big step. Consider your options and what is best for you. Stop by for your best automotive search experience at CRS Automotive Cambridge, ON so we can show you your perfect vehicle.