You’re about to embark on an exciting adventure – one in which the destination is an open road. Owning a vehicle really does open up possibilities for you, and we’d be delighted to be at least a part of that process. Why don’t we start with the fundamentals in this Buying a Vehicle 101 in Edmonton guide and then go from there?
Regardless of whether you’re thinking about buying a new or used vehicle, you’ll find your answers here. The next thing to do? Continue reading this post…
Start with what you can afford
Buying New means making a big investment, but it really is just that: an investment. New vehicles have brand-new components with no wear or tear, and the vehicle itself, along with these components, is covered by warranty. The cost of ownership from the purchase point onward is generally about the same as it would be with a Used vehicle. This is because the cost of financing a new vehicle is generally higher, and even though the cost of financing a used vehicle is lower, it requires considerably more maintenance down the road.
So the biggest factor here is what size of a down payment are you able to afford? You can also think about trading in your vehicle to a dealership like Great West Chrysler.
Here’s a great place to start when thinking about affordability: go to your bank or credit union. They’ll be able to discuss these matters with you–just remember that even if they offer you a quote, it’s not necessarily the best deal you can get. If you get that quote, then touch base with us at Great West Chrysler to see what we can do for you instead…
research vehicle types and models
The type of vehicle you decide on is totally dependent on what you need it for. Ask yourself–or us here at Great West Chrysler–whether you’ll be using it for the daily commute, family life or work. Automotive review websites like Edmunds or Consumer Reports are excellent sources of information on particular vehicle makes and models. Some models have received particularly high safety ratings, for example, like the 2018 Chrysler Pacifica minivan, reviewed by the IIHS. And when shopping for used vehicles, pay particular attention to those that tend to depreciate less and retain more of their value. Kelley Blue Book is the perfect site for learning about this.
Reading these reviews or simply probing a Salesperson here at Great West Chrysler can help you find the perfect vehicle for your lifestyle.
track down what you’re looking for
So let’s say you’ve decided on a used Chrysler vehicle (good choice, by the way). You certainly can check to see what the private sellers might be offering; classified-ad sites like Kijiji are where to go for that. There are advantages, though, to buying that used car from a dealership instead. For example, a dealership like Great West Chrysler has a full Finance Department to discuss financing or leasing options with you. We’ve also got massive inventories of both new and used vehicles for you to choose from.
take it for a spin
The test drive is a huge part of the purchase experience, even if you’re buying New, and especially if you’re buying Used. So don’t skip this part!
On the test drive, pay attention to what sounds the vehicle is making and ask the seller or salesperson what these sounds are attributed to. Check to make sure the upholstery is clean and in good quality, and be sure to ask about prior collisions, recent repair work, etc. If you’re buying from a dealer, ask about a CarProof report–these can indicate any current or previous issues with the vehicle.
Give yourself some time to acquaint yourself with the vehicle during this test drive. Half an hour is usually a good amount of time to get a feel for things and ask all the right questions.
discuss purchase options
So you’ve made your decision and you’re about good to go. Awesome. If you’re buying from a dealership, then you’ve got a variety of financing and leasing options available to you. Exploring these options with Great West Chrysler means we reach out on your behalf to financial institutions all throughout Canada. We find those deals best suited to your needs, and we can shop for the lowest financing rates and take care of the paperwork for you too.
you can also start by reaching out to us!
If you have any questions about our Buying a Vehicle 101 in Edmonton guide and what you should do next, then you’re more than welcome to reach out to us. We’d be more than happy to chat with you about any of the aforementioned topics or getting approved for credit. We welcome you to touch base with us to get all your questions answered!