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Buying a car - an unofficial series of info nuggets for newbies

Buying a car - an unofficial series of info nuggets for newbies

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Old Sep 12th 2006, 7:20 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by PMM
you might consider is having a BCAA mobile inspection on the car, especially used ones that you are buying privately, it is worth the $132
Inspections are a good idea, but the rate escalates depending on what you're looking to buy. I was amazed that for an SUV it was going to cost near $200, although this is small change in relative terms. I approached the main dealer to see how much more it was there. It was amazing. $120 for a comprehensive pre-purchase check all in, and I even had the used car dealer ferry the car there and wait around while they did the check. I had by that point left a miniscule deposit, but that is only reasonable.

I had checked satisfaction reports for the QX4 which was last built new in 2003, and the main complaint was that they don't build it any more. With the bigger QX56 is listing about $80k CAD , I felt that $23k for a 2002 model, which the main dealer (not the dealer that sold it) considered was in perfect condition, was not a bad deal.

I don't think it will be difficult to sell on either as in relative terms there's few available, particularly 2001+ models which are very very different to older ones.
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Old Sep 12th 2006, 7:24 pm
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Default Re: Buying breakdown cover - an unofficial series of info nuggets for newbies

Just an aside as this thread will attract people buying cars, I stupidly went out and paid for BCAA breakdown cover thinking that, like insurance, there was little competition. This will only cover one person so we were very vague with the name.

Then when in Costco recently, I noticed their cover is about $45 and covers more than one driver. You don't get the 300km towing limit that I have with BCAA but there's every chance they'll get you back on the road in most cases so who cares?

Just wanted to throw that one in.
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Old Sep 23rd 2006, 5:06 am
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Well first day of looking for a used car in Vancouver and WHAT A NIGHTMARE!!!

Hardly any private used car sales, everything seems overpriced, no auctions, dealers are, of course, charging way over the price it should be.

Not entirely sure how on earth we are going to find a reasonably priced car.

Oh by the way - 2 other places to try - www.craigslist.com (make sure you put in Vancouver. Great too for furniture, rooms to rent etc.) and the Buy and Sell paper that comes out in the stores on Thursdays and online on Saturdays.

Good luck - you're going to need it!

(Good to know re BCAA. I willl look at Costco too.)
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Old Sep 23rd 2006, 6:40 am
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by H143
Well first day of looking for a used car in Vancouver and WHAT A NIGHTMARE!!!

Hardly any private used car sales, everything seems overpriced, no auctions, dealers are, of course, charging way over the price it should be.

Not entirely sure how on earth we are going to find a reasonably priced car.

Oh by the way - 2 other places to try - www.craigslist.com (make sure you put in Vancouver. Great too for furniture, rooms to rent etc.) and the Buy and Sell paper that comes out in the stores on Thursdays and online on Saturdays.

Good luck - you're going to need it!

(Good to know re BCAA. I willl look at Costco too.)
The biggest seller of used cars in the UK is ebay! Have you tried there?
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Old Sep 23rd 2006, 3:09 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Apparently they don't really use it for cars in BC.

Good site for finding out used car retail and wholesale value - http://www.vmrcanada.com
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Old Sep 23rd 2006, 7:30 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Some great advice in here. Will keep a note of the info.

Thanks
Rgilbert
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Old Sep 23rd 2006, 7:43 pm
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Default Re: Buying breakdown cover - an unofficial series of info nuggets for newbies

Originally Posted by g_is_for_canada
Just an aside as this thread will attract people buying cars, I stupidly went out and paid for BCAA breakdown cover thinking that, like insurance, there was little competition. This will only cover one person so we were very vague with the name.
The decent automobile brands have breakdown cover included in the service deal. Don't be paying for [ICBC/insert your provincial insurance company] cover if you can get it from the manufacturer, is usually more comprehensive anyhow in my experience. Check it covers cross border/province if you're planning that kind of travel on 4 wheels.

Rich.
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Old Sep 23rd 2006, 8:09 pm
  #23  
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

I thought it was mandatory to get ICBC for your basic cover?
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Old Sep 24th 2006, 3:49 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

I got a car!!!!!!!!!!!! 4 year old Ford Focus wagon in good condition. Great for snow, mud and wet dogs!

Here's another link you might find helpful - http://www.onestopimmigration-canada...ing_a_car.html

Plus check www.icbc.com and www.bcaa.com

I'll post more about the process of transferring it over and getting insurance once I've done it.
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Old Oct 31st 2006, 12:50 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Good site for finding out used car retail and wholesale value - http://www.vmrcanada.com
Does anyone know of any similar resource for new cars? i.e. what sort of a margin the dealerships are working to and what sort of percentage discount they're liable to accept at end-of-year-sales, etc.?

Thanks, Iain
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Old Oct 31st 2006, 12:58 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by Iain Mc
Does anyone know of any similar resource for new cars? i.e. what sort of a margin the dealerships are working to and what sort of percentage discount they're liable to accept at end-of-year-sales, etc.?

Thanks, Iain
I don't know of one but with new cars it's easy, the manufacturers website allows you to configure the vehicle you want and gives a price; you can then print all of that and send it to all the dealers requesting a price to you. You then take the cheapest.
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Old Oct 31st 2006, 1:00 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by dbd33
You then take the cheapest.
... and send that out again until you've beaten down the price to a max.

Beware though, a cheap sales dealer may have higher after sales costs. (this is how it often works in Europe - dealerships are having a tough time, margins are new cars are being squeezed and where they traditionally made their money - on spare parts - is being squeezed too as cars become more reliable)
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Old Oct 31st 2006, 1:46 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by Canada2006
... and send that out again until you've beaten down the price to a max.

Beware though, a cheap sales dealer may have higher after sales costs. (this is how it often works in Europe - dealerships are having a tough time, margins are new cars are being squeezed and where they traditionally made their money - on spare parts - is being squeezed too as cars become more reliable)
Oh, but I don't usually go back to the selling dealer for service. The warranty requires service at an authorised dealer but not a particular one, so I get the servicing done near home or the office but would buy from anywhere; flying to the dealer if price saving is enough.

One thing to note is that, if the vehicle you want has a slightly unusual combination of options there may only be one or a couple to be had. The various dealers are bidding on the supply of the same physical car and it will be shipped from whichever dealer currently has it to wherever you want to buy it; quite possibly from somewhere convenient to you to somewhere far away. All rather silly but, if there's a buck in it .........
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Old Oct 31st 2006, 1:56 pm
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by g_is_for_canada
2. Gas/Petrol is about half British price, although fuel economy is lower. Cars tend to have larger engines even though their performance isn't noticeably better.
Bear in mind that any fuel economy figures that come from the US in miles per gallon are for the US gallon, which is smaller than a real gallon. This makes US cars look worse than they are. It's probably best to just get used to the l/100km figures (isn't is strange how fuel economy in the UK is generally reckond in miles per gallon yet fuel is sold in litres?).

K.
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Old Oct 10th 2007, 6:38 am
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Default Re: Buying a car - an unofficial series of info nuggets for newbies

Originally Posted by g_is_for_canada
Hi,

If you're landing soon or just arrived, and don't have a car sorted out, you might want to consider some options other than buying a car shortly after arrival.

But first, some things to consider when you do buy a car:

1. Cars are a bit cheaper in general to purchase new, but used cars are quite expensive, and have tax added to them at the same rate as new cars, even if bought privately. Buying through a main dealer gives little assurance, as not all will be trade ins. They probably go to auction and buy any old rubbish they can sell. That's also why many used cars have no provided warranty.

2. Gas/Petrol is about half British price, although fuel economy is lower. Cars tend to have larger engines even though their performance isn't noticeably better.

3. Insurance is 5x - 10x more money, especially as the maximum no claims discount is 40% in BC, not 65% like in Britain

4. There's no MoT equivalent, and you consequently get real piles of crap being driven about. Just make sure you don't buy one as skills in covering up real nightmare vehicles are more widespread than skills in taking care of vehicles.

5. Salesmen are absolute nightmares. They just don't get it that you want to browse, and the nano second you look twice at a car they won't stop until you've bought it. I'm not one that easily bullied by salesmen, but my experience in Canada is really uncomfortable.

6. You're probably unaware of a majority of cars from which you'll get to choose. You really need time to get familiar with the brands, but also you need to know what car will suit the life you may not have started living, particularly if you just recently arrived.

7. Negotiate on the price aggressively if you do find one you like. Get a mechanical report done by a main dealer if you can, unless buying from a main dealer. They'll always say to you "if you want cheaper cars, we have cheaper cars" but that's part of the psychology behind car sales. You can come back and play exactly the same game, "I'm only interested in this vehicle, and the maximum I can go to is $xxxxx including any taxes and charges." You don't have to be offensive to them, but just put a fact to them in black and white. They can't tell you you CAN afford this, and by putting an offer to them you're giving them an option to make some commission.

For example you might add "Look, I realise that someone may pay the full price, but I'd like to put an offer to you and if you decide to accept it you can call me on this number." Now they WILL try every trick in the book like "That's below what we paid for it." But keep in mind that, whether or not this is true (almost certainly NOT), that this isn't the issue. It's a trick to force you to up your offer on the assumption that nobody sells something for less than they paid. Stay focused on the issue which is that this is how much you are offering and the car remains unsold.

You can walk away although they probably won't let you leave without agreeing to it, but this gives you an excuse to leave without a bad feeling and you've left them something they didn't have when you arrived, which is an offer. Obviously don't do this unless you're prepared to honour the offer, or without making it clearly subject to certain conditions.

By the way, the other trick they'll want to try is to get you to put a deposit down for a vehicle that you're interested in. Again this is psychological. They'll probably say it's fully refundable if you change your mind, but you have to ask yourself what's the benefit to them of getting a deposit then? Well they know that it will either be impossible or very difficult to get your money back. Also they know that psychologically, when you put any commitment into something, it's makes it difficult for YOU to change your mind. Even if you leave your phone number without an offer, they'll not write it on a scrap of paper, but on the first piece of paper that's near to hand (which is a commitment to buy form). They know what you're doing.

Just don't sign anything unless it's clear what you're signing. Please don't get fooled into anything. Try to recognise the tricks and turn them around to your favour. Be very suspicious and absolutely be prepared to walk away if you feel uncomfortable. I only put a deposit down to hold the vehicle while a main dealer was checking it out, and then it was something I would have been prepared to risk losing (like $250), not the $5,000 they originally wanted.

Saying all this, I'm not trying to get at car salesmen as I know they're trying to make a living like anyone else. I actually have great respect for their techniques, particularly the way they play on psychology without perhaps having any theoretical training in this area. But when you purchase a car it's probably the first or second largest expense you'll face with lots of risks if it isn't right. To a salesmen you're probably one of 10-50 people he might speak to on that day alone. You have to be prepared and keep control of the situation as he won't be looking out for you unless he's a buddy or family (unlikely).



Now, regarding the temporary solution I promised. Here's what I did....

After initial frustration with looking for cars, I decided to take time to learn about the models so that when I bought one it would be the right one. This took me 6 months, but only about a month after I really started to feel established in Canada. Now delighted with what I have and would not have wanted it any other way.

To find out about cars, ask people about theirs and the brands they recommend. Also consider a subscription to consumerreports.org (a bit like Which?). They provide detail on vehicles and other product brands, but also consumer satisfaction reports from real owners. This is the most important thing, as many cars I was really attracted to own, would probably have left me regretting them, when reading real customer satisfaction ratings. Just because there's a lot of a particular vehicle on the road doesn't mean that they're any good.

Originally I'd get a rental car at weekends from Avis which had offices near where I was living. The weekend rates $30-40 per day were reasonable. You also have to pay for Collision Damage Waiver at about $20-25 per day, but if you have a Canadian gold credit card this is normally provided free as one of the benefits of the card.

As time went on I found the best deal of all was at Enterprise car rental, and I see the deal is still on. Basically they do a special 3 day weekend rate that works out at about $20 per day, unlimited miles. Only penalty is that you have to bring car back with same level of fuel which takes some planning but I never overfilled, and did take some liberties with this. I totally recommend the Enterprise car rental place in North Vancouver for Vancouver residents, even if you don't live there. You can get the sea bus from town, and then hop on a bus that drops you off almost opposite their branch. The downtown branches don't have this offer, so it's worth the trip.

As you only have the vehicle a few days of the week, you have to plan how you're going to use it. We used to go out for the day and then have a meal out, and the do our shopping at night.

One of the other benefits of renting a car is that you will get to not only practice your driving, but also you get experience with a number of major brands. There's absolutely nothing like having a car for a weekend to really put it to the test, especially if you're doing your food shopping with it. I really got to love the new model Pontiacs, particularly the names; Grand Am, Grand Prix, G6... Ironically I didn't end up with one as my main car, but I'm certainly considering one as a second vehicle. You also get to see how economical each vehicle is.

Someone at my previous workplace thought I was crazy doing this. His reasoning was that the $300 or so per month I was paying for a rental car, would be the monthly payment on a vehicle which is mine to keep. While this is true, it's ignoring certain facts which more accurately contribute to the true cost of ownership. These include:

1. Depreciation
2. Maintenance
3. Cleaning
4. Storage
5. Insurance
6. Fluids such as transmission fluid and oil
7. Breakdown cover

When considering all these costs, then taking the kilometres that you do, you can get a cost per km. This is alarming normally. The rental car option is certainly worth considering and overall I believe it's far cheaper than owning, as well as being more appropriate during your settling period.

Another option I know little about, is cooperative car ownership schemes which are available in Vancouver area. You have to work out if these are viable in favour of car rental (which in my case they were not).

Any specific questions, PM me or post a question here if you think others would benefit. I hope this helps.

Paul
hi paul, we are headed for vancouver on oct 29 for 4 months, can u advise if u know of a "cheap and good" option for long term car rental there? was wondering if u have had any good experience with a car dealership either in vancouver or if it is worthwhile to head to north vancouver to rent it cheaper??

thanks a bunch!
gin
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