How to buy a car
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How to buy a car. Test drive. Which type ? SUV, Sports car, family car …… Test drive. Budget. Cash Finance. Cash. Negotiate Big discount when pay cash. Finance. Credit Check Finance terms – how many month? Interest rate Tax – new (5%) vs used (0%) Down payment.

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Presentation Transcript

Test drive
Test drive

  • Which type ?

  • SUV, Sports car, family car……

  • Test drive


Budget
Budget

  • Cash

  • Finance


How to buy a car
Cash

  • Negotiate

  • Big discount when pay cash


Finance
Finance

  • Credit Check

  • Finance terms – how many month?

  • Interest rate

  • Tax – new (5%) vs used (0%)

  • Down payment


Vehicle insurance
Vehicle Insurance

  • New car

    • dealer will give you new vehicle information statement (NVIS)

    • Choose insurance company ( TD Insurance , CAA , Canadian Direct Insurance, etc…)

    • Contact insurance company and provide NVIS

    • Get Pink Card from insurance company


Vehicle insurance1
Vehicle Insurance

  • Used car

    • Buy vehicle from owner and get bill of sale

    • Choose insurance company ( TD Insurance , CAA , Canadian Direct Insurance, etc…)

    • Buy insurance and get pink card


Registration
Registration

  • Must have Canadian driver license

  • New car – dealership will do for you

  • Used car – Go to registry agents

    • bring bill of sale, driver license, pink card

  • Pay registration fee ($84.45)



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