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OMVIC Blog: Car Buying Tips

Author: OMVIC Communications Created: Friday, August 14, 2015 RssIcon
OMVIC Blog
By OMVIC Communications on Wednesday, February 21, 2018

2018 CIAS It’s your last chance to see the latest in automotive innovation and style all under one roof! With over 600,000 square feet of dazzling displays and engaging exhibits, the Canadian International AutoShow wraps up 6pm, Sunday, February 26 at the Metro Toronto Convention Centre.

 

By OMVIC Communications on Wednesday, February 14, 2018
OMVIC Communications Team
The 2018 Canadian International AutoShow kicks off at noon this Friday, February 16 at the Metro Toronto Convention Centre. Planning to attend the show? Be sure to stop by OMVIC’s booth (800 level, South building next to the escalators and food court) - our team will be onsite and ready to answer all your car buying questions! The AutoShow runs until 6 pm Sunday, Friday 25.

 

By OMVIC Communications on Friday, February 9, 2018

chocolate carForrest Gump’s mama was right – “life is like a box of chocolates; you never know what you’re gonna get.”

Who doesn’t love the taste of a delicately handcrafted, square shaped, chocolate covered caramel - with a little sprinkle of sea salt on top? It’s divine! But when you bite into a similarly square shaped chocolate and are met with a pungent, medicinal orange flavour or a thick, white mystery filling… you can’t help but feel deceived.

Buying a car privately can sometimes leave you with a similar feeling of disappointment. Albeit, on a far greater scale, not to mention you can’t get the bad taste out of your mouth by simply disposing of the disappointment discreetly into a tissue.

 

By OMVIC Communications on Thursday, February 1, 2018

Car with Heart“My friends say I don’t look a kilometre over 85,000.” Meanwhile, what the unsuspecting, hopeful single who swiped right doesn’t know is that deceitful old Buick’s odometer has been rolled back 100,000 km.

 “I keep my body in great shape!!” Yeah right, that Venza was a complete write-off with structural damage that cost over $14,000 to get into “great shape”.

Both are classic cases of “carfishing”, quite similar to what online daters refer to as “catfishing”… simply, false advertising.

 

By OMVIC Communications on Friday, January 26, 2018
 Negative Equity car piggy bank

Shopping for a new car? Before starting the hunt, you should ask yourself: “How much car can I afford?”

Costs that come with buying a car

Let’s break this down a little bit further. You need to think ‘big picture’ when considering making a significant purchase, like a car. Unlike real estate, most vehicles are a depreciating asset that begins losing value the very second you turn the key in the ignition to drive it home. So what are some of the costs that you need to consider? 


By OMVIC Communications on Friday, January 19, 2018
Private seller

Buying a new car can, and should be, a very exciting experience. When buying a used vehicle, consumers really only have two options: buy from a dealer/salesperson or buy privately. But remember, car-buyers are only protected by Ontario’s consumer protection laws when they purchase a vehicle from an OMVIC-Registered Dealer and therefore must take extra care when buying privately.




By OMVIC Communications on Thursday, January 11, 2018
 Signing a contract

You've signed on the dotted line and taken possession of your new vehicle—congratulations! It was everything you dreamed of and more.

Suddenly you discover that 2018 Nissan 370Z Coupe has 3,000 more kilometres on it than what’s noted on your bill of sale.

Can you cancel the contract and take it back?


By OMVIC Communications on Friday, January 5, 2018
 New car New You

Lose weight. Exercise more. Eat healthier. Spend more time with family. Spend less time with family. Get organized. Be kinder to yourself. Be more determined. Ah yes, New Year’s resolutions. Surveys suggest 30 to 40 percent of us make them – a desire for self-improvement…an inspiration. Unfortunately, those same surveys demonstrate the vast majority of those who make one, fail to see it through. 


By OMVIC Communications on Thursday, December 21, 2017
Red car with bow

Thinking about decking the driveway with a new set of wheels this holiday season? Or resolving to improve your ride in the New Year? OMVIC would like to gift you with some great holiday car buying tips. 



By OMVIC Communications on Friday, December 15, 2017
 Reindeer in traffic

Thinking about decking the driveway with a new set of wheels this holiday season? Before you go dashing all the way to the dealership or checking out the nice and naughty list in the online car classifieds, find out if you’re a Dasher, or Blitzen? Take OMVIC’s ‘smart’ car buyer quiz to find out:



By OMVIC Communications on Tuesday, December 12, 2017

 Rudolph the red nosed reindeer song

You know Dasher and Dancer and Prancer and Vixen, Comet and Cupid and Donner and Blitzen. But do you recall…the “458 Italia Speciale?”

Rumours swirling around the North Pole claim Santa Claus is considering trading in his trusty team of reindeer for a 597 horsepower “black prancing stallion”. According to the elvish grapevine, the Ferrari’s front and rear movable flaps cut drag and its side slip angle control are better able to tackle unpredictable equatorial cross-winds. An elf at S.L.E.D. (Santa’s Lead Engineering Department), who wants to remain anonymous, described the current sleigh as having the aerodynamics of a “flat-sided igloo”.


By OMVIC Communications on Friday, December 8, 2017
 Carbuying for newbies

Many car enthusiasts will tell you there are two types of people in the world: people who love cars; and, people who are wrong. The former, people who love cars, enjoy going to dealerships and taking the latest models for a test drive. They litter their conversation with terms like, “torque, turbo lag, dual-clutch automatic and direct injection”, while those of us in the latter group, the ones who are ‘wrong’, stare blankly whilst listening to these aficionados.


By OMVIC Communications on Wednesday, November 22, 2017
 Black Friday It is commonly held that Black Friday – the day of mega-amazing colossal unbelievable can’t-be-beat blow-out sales signifying the unofficial start of the Christmas shopping season – is so named as it marks the point many retailers turn a profit for the year, going from being “in the red” to being “in the  black.” The more cynical might argue it's consumerism run amuck and a black mark on our society, and perhaps for good reason.
By OMVIC Communications on Monday, November 13, 2017
 Aerial View Parking Lot

At least five days a week, Kelly Hult, college student and single mom of two toddlers (with a third on the way), commutes half an hour to school in Sault Ste. Marie. “My car didn’t handle the snow-covered highways very well,” explained Kelly with understated charm. “That’s why I decided to trade my 2011 Chevrolet Cruze for a slightly older pickup truck.” She settled on a 2008 Chevy Silverado.


By OMVIC Communications on Wednesday, November 8, 2017
 Aerial View Parking Lot

All-In Price Advertising is the law in Ontario. If an OMVIC-Registered Dealer advertises a price for a vehicle (new or used), that price must include ALL fees and charges the Dealer intends to collect – minus the licensing fee and HST.

 

However, as with many rules in life, there are exceptions. 


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