Vehicle research is an important aspect of buying a new car as this allows you to find out as much as you can about your potential purchase. While it can be a lengthy process, it worthwhile, especially if you are unsure of what type of vehicle you’re looking for or want to get a really good deal. Finding new cars for sale a great price is what we do best. Keep reading for the resources you should use and the steps you should take.

Create a Vehicle List

Before you can start researching anything, you’ll need to know exactly what you are researching. Just researching “cars” will provide you with much as there are hundreds of different cars out there to pick from, which means that you need to narrow it down. One of the best ways to start is to determine your car budget; there’s no point in researching a Lamborghini if you know you can’t afford it. Once you have your budget determined, you can start looking at makes and models.

When setting your budget, be sure to keep in mind insurance fees, gas, and possible maintenance along with your monthly loan fees. A general rule of thumb is to add on $500 for extra fees to determine what you can afford; remember, you may have to pay more or less, depending on your vehicle type and the deals that you get.

Shorten the List

Now that you have your budget, you can start determining what type of car you want based on your budget. This can be a lengthy process, especially if you’re not sure who you want to go with. The easiest thing to do is look at each vehicle that you’re interested in individually to see if they fit your expectations.

You’ll need to consider what size of vehicle you’re looking for, a number of seats and doors, and what you plan on using the vehicle for. For example, are you planning on driving kids around? If yes, a 2 seat Smart Car won’t be the vehicle for you. You can also use manufacturer websites to look at cars that you are interested in to get more information on the specific models.   

Read Reviews

Like with any big purchase, reviews are a good way to make you feel confident in your decision. Vehicle reviews in magazines or online are a great way to find out accurate information, but in an easy to understand and consumer-friendly way. For instance, if you’re looking for a pickup truck for work, but are unsure of which to go with, reviews can help you decide based things like fuel efficiency, how much room you have to store your tools, how much weight the truck can pull, etc.

Use Specialized Pricing Sources

Once you’ve determined what car you want, you can start looking for the best deal on it. This can be a bit tricker than just doing a quick Google search; to find the best deal on the car you want, you’ll need to use specialized sources. At CarCostCanada, we provide you with a detailed breakdown of pricing for the vehicle you are interested in, with financing/leasing information, warranties, and both advertised and unadvertised incentives taken into account. Our free Dealer Invoice Cost Report allows you to configure a vehicle and then shows you a comparison between the retail price and the dealer price so that you can get the best deal.

Looking for new cars for sale a great price in Canada? Register today and get your CarCostCanada Dealer Invoice Report!