DONT Forget This Before Buying a Car _ Tips for Car Buying in Canada

  • 2 years ago
You NEED to take a look at these tips for car buying in Canada. If you really want to buy the best car for yourself and at the same time, you want to save money then don't forget this before buying a car. Our video explains all the things to know before buying your car in Canada. Whether it is a used car or a new one, from insurance to gas, we bring you the most useful information along with cost-saving tips!

0:00 - Intro
0:27 - Dont forget this before buying a car
0:42 - Used car
0:50 - New car
1:10 - Additional costs
2:09 - Interest rates
2:35 - Maintenance cost
2:51 - Long-term and short-term expenses
3:30 - Pro Tip
3:50 - Gas budget
4:20 - Gas Buddy
4:31 - Car insurance
5:19 - Lowestrates.ca
5:35 - Seasonal expenses
6:11 - Parking and tolls

I will also give advice on the following -
1) things to know before buying your car in Canada,
2) car buying tips for 2021,
3) things I wish I knew before buying a car,
4) leasing vs buying a car in 2021,
5) lease vs buying a car in 2021,
6) car buying costs,
7) buying a new car vlog,
8) hacks to buy a car,
9) buying my first car realistic,
10) what to look for when buying a used car from a private seller,
11) car safety features explained,
12) cars under 10k in 2021,
13) how many cars can I afford,
14) how to avoid car dealership scams,
15) car expert advice

Resources
Toronto parking bylaws: https://bit.ly/3cAUoZj
Car sale deals: autotrader.ca/
GasBuddy: gasbuddy.com/

Adnan Feroz
A Serial Entrepreneur heading multiple businesses in Accounting, Coaching, Construction Consulting, E-commerce, Film Production, Marketing, and a Studio House. Also, crazy enough to be an Award-winning Real Estate Agent, a YouTuber, an International Bestselling Author, and a Podcaster.

Want to know about car buying in Canada? Read this blog: torontorealestatepro.com/blog/tips-for-car-buying-in-canada

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Typical Used Cars starting from $3000. A decent used car can be purchased for $7-10k. Typical New cars start from $15k.
There are quite a lot of Hidden charges on Car purchases from Car dealerships.
Taxes: 13% HST on the Purchase price of the car
Air Tax ($100)
Tire taxes are $20-30.
Freight Delivery & Pre-Delivery Inspection: Delivery of car from the Manufacturer to the dealership and Detailed Inspection upon Delivery.
Fuel Charge to fill up the gas tank.
Title and Plate Registration Fees ($200-300)
Admin Fees $200-300
Additional Upsells that dealerships will offer after they have finalized your sale will be Extended Warranties, Rust