(Newswire.net — June 17, 2013) Ottawa, On — The drop in vehicle price is being fuelled by as many as 50,000 cars coming off leases this year, which is good news for car buyers who are on tight budgets. Many car shoppers are considering buying a slightly used car instead of a new vehicle to save money.
For many people in the Ottawa Valley, a car is the only means of transportation. Owning a car is essential for going to work, taking the kids to school, attending events, shopping and much more.
Pre-Owned Vehicles Offer Many Economic Advantages:
1. Often it is possible to find an older vehicle with deluxe features for much less money than a new car with the same features.
2. Cost conscious car shoppers can also save money on car insurance by purchasing an older vehicle instead of a new one. The rule of thumb is : the older the vehicle, the lower the cost of insurance.
3. When purchasing a car, depreciation must be considered. According to Kelley Blue Books, in only 3 years a new car could depreciate as much as 73% of its value. Meanwhile, a used vehicle has the benefit of lower depreciation.
Searches in Google for Used Cars in Canada are still high with over 200 million results. For the phrase Used Cars in Ottawa, there are over 37,000 results.
A Few Essential Used Car Buying Tips!
1. Look in the paper, online and at dealerships. Car dealerships should have a good selection of cars that have just come off two and three year leases with low mileage. These used cars are usually in great condition and some of them may still have time left on their warranties.
2. Know the history of the car you are considering purchasing. In the past, this was a big concern but with the introduction of certified pre-owned vehicle programs this is no longer an issue.
3. Go for a test drive to see how the car handles both in the city and on the highway.
4. Find out what the dealer will offer you on your car as a trade-in. Also discuss financing, warranties, rust proofing and total cost of your new purchase.
More Information
Car Canada, a very popular car dealership in the Ottawa Valley with a great selection of used vehicles, is offering a Discount Coupon on your next car purchase.
Just click here for your coupon: http://Ottawa.NewsWiresPressReleases.com/CarCanadaCoupon
To redeem your coupon please ask for Sean Trieselman at the Car Canada Dealership.
Contact Info
Car Canada
5791 Prince of Wales Drive, Manotick, Ontario K4M 1A5
Media Contact:
Guy Edrington, Ottawa.NewswiresPressReleases.com
Ottawa, Ontario, Canada K0A 2P0
For more tips about buying a used vehicle in Ontario:
http://www.mto.gov.on.ca/english/dandv/vehicle/used.shtml#buying