CarCostCanada

See how Mike saved over $5,000 on his new Audi S4

Buying a car, even if it’s not your first, is a big decision. You have a lot to think about and you want to make sure you don’t forget anything. Most of all, you want to make sure you pay the right price for what you really need.

Making the right decision can be easier and save you thousands of dollars just by using CarCostCanada. In fact, they offer free price reports that help most Canadians negotiate when buying a new car. Canadians across the country are now sharing their stories to show how anyone can save thousands of dollars on their next new car purchase by using CarCostCanada’s services.

This week, let’s take a look at Mike’s story and find out how he saved over $5,000 on his new Audi S4 with CarCostCanada’s free price report.

Saving more even on a high end car

Mike is a 28 year old active man from Toronto, Ontario. He works in finance and is often on the road meeting new clients. However, he also enjoys playing baseball on the weekends and getting together with friends for a beer after work. Mike is single, has no children.

Following a recent promotion, Mike wanted a new car to match his success. So, to make sure he was making the right decision, Mike decided to shop around with the help of CarCostCanada. A friend of his told him about the online price reports of CarCostCanada and said it would not only help him find the perfect car, but also save him a lot of money.

Getting the best price on a new car in 3 easy steps

In 3 easy steps, he was able to build his price report online. First, he built and priced his new car using CarCostCanada’s free report tool, just as he would have done on the manufacturer’s website.

Once the price report was generated, he obtained the best price formula for his specific model by taking the dealer cost minus the incentive plus the dealer margin to see what the best possible price would be.

Finally, the tool helped him find the nearest dealer and meet with one of their professional representatives to get the best price and an exceptional buying experience.

Mike was looking for a car that would make a good impression when he met new clients and went out with his friends. He decided to go with the Audi S4, the car of his dreams, which is a young and good looking car, just like him.

Finally, in the process of buying his new car, Mike was able to save over $5000.

2021 blue Audi S4

About CarCostCanada

Since 1999 we have provided Canadian New Car Buyers with access to our proprietary Dealer Invoice Price Reports.

Complementing the Dealer Invoice Price Reports, we also have an in-house team of automotive professionals with over an accumulated 100 years of experience and a Canada-Wide New Car Dealer Network.

CarCostCanada

See how Francois saved over $4000 on his new Jeep Grand Cherokee with CarCostCanada

When buying a new car, lots of Canadians are overwhelmed by all the information and do not know where or how to start the process. Buying a new car is a big decision and it can often be stressful for a lot of people.

However, making the right decision can save you thousands of dollars only by using CarCostCanada. Indeed, they offer Free Price Reports that help most Canadians in their negotiation when buying a new car. Canadians across the country are now sharing their stories to show how everyone can save thousands on their next new car purchase using CarCostCanada’s services.

This week, let’s take a look at Francois’s story and find out how he saved over $4000 on his new Jeep Grand Cherokee using CarCostCanada’s Free Price Report.

When your car can’t follow your lifestyle, it’s time for an upgrade

François is a 31 year old entrepreneur in construction from Sainte-Adèle, Quebec. He likes to play hockey in the winter and go skiing in the Laurentians Mountains. Since his young age, Francois has always been an athlete and nothing can stop him.

In the summer, he enjoys hikes in his region, but he often goes across the border in Vermont to climb higher mountains. His girlfriend and his son are always ready to accompany him on all his adventures and try new things.

François is a true adventure enthusiast, so his car has to be able to keep up with his daredevil lifestyle. However, Francois is also a car lover as he loves doing road trips in his convertible. Therefore, taking the decision of changing his car was pretty serious for him.

Because of this adventurous lifestyle, François decided to sell his small convertible.  There was not enough space in the back to fit all his gear and with only 2 seats he was not able to sit all the family at the same time.

Finding a new car for his need at the best possible price

Therefore, Francois needed a new car so he decided to start looking online for advice and see what he could afford. That’s how he found CarCostCanada. In 3 easy steps, he was able to build his price report.  First, he built and priced his new car using CarCostCanada’s free report tool, just as he would have done with the manufacturer’s website.

Second, once the price report was generated, he obtained the best price formula for his specific model by taking the dealer cost minus the incentive plus the dealer margin to see what the best possible price would be.

Finally, the tool helped him find the nearest dealer and meet with one of their professional representatives to get the best price and an exceptional buying experience.

François was looking for a car that could drive on any type of road and in any temperature and he needed a large trunk to put all his equipment. So he decided to choose the Jeep Grand Cherokee to meet his needs. In the process, Francois also used the tool trade-in-value of CarCostCanada directly on the website to help him get the right selling price for his old car.

CarCostCanada - Jeep Grand Cherokee

 

Moreover, François also saved over $4000 on his new Jeep and will be able to use that money to buy hiking gear and plan his next adventurous trip with his family.

CarCostCanada

The Top 2019 vs 2020 Nissan Vehicle Roundup | New Price Report Nissan Qashqai

The New Year is one of the best times to score great deals on new cars, trucks, and SUVs. In order to make room for new inventory, dealerships typically slash prices on last year’s models, giving customers the opportunity to drive away in a heavily discounted vehicle that they love. 

Since most brands don’t update every model in their lineup each year, you might be able to get both the newest version of a vehicle and score some of the best new car deals in Canada! We know that it can be hard to choose between a previous-year model at a great price or a new vehicle with all of the new functions and specs. 

We’ve got a new price report of different Nissan cars and have broken down each of them by model. Here are some of the comparisons between the 2019 and 2020 models. After reading through the list, we hope you pick the best vehicle that’s right for you.  

 

Nissan Rogue

The Nissan Rogue is spacious, comfortable, fuel-efficient, affordable and an all-around favourite crossover SUV. Little was changed in 2020 as the 2019 Rogue boasted so many fantastic features at a great value. Both cars feature sporty exterior details, a confident 2.5-litre engine with 170 hp, and impressive city and highway fuel economy, 

Rogue’s signature Zero Gravity front seats are made for maximum comfort and enough cargo space for your whole crew. Nissan’s standard infotainment system and a plethora of driver-assist technologies mean that you’ll always enjoy a safe, modern, and comfortable ride with Nissan.

 

Nissan Titan

The Nissan Titan saw several changes in 2020 that packed a big punch. New exterior styling gives Titan a stand-out look in the truck world. The updated 5.8-litre V-8 engine now boasts more power than ever before with 400 hp and 413 lb-ft of torque. A shortened truck bed and upgraded drivetrain helped the Titan see huge improvements in handling, towing ability, and overall enthusiasm on the road. 

The interior looks similar, but new noise-dampening technologies make the cabin quiet and comfortable. Both 2019 and 2020 Nissan Titan are excellent trucks for work and play, but small upgrades with a minimal price increase have elevated 2020 Titan’s presence on the road.

 

Nissan Kicks

With its small environmental footprint, best-in-class fuel efficiency, and budget-friendly price tag, the Nissan Kicks has been a long time favourite among commuters and families alike. The biggest news for 2020 is that Kicks now comes standard with Nissan’s full suite of driver-assisted safety features, including Standard Intelligent Emergency Braking, Dynamic Control and Traction Control Systems, Blind Spot Warning, Rear Cross Traffic Alert, Latch Child Safety Seat System and much more. All of this comes at the added cost of a few hundred dollars, making the value of the 2020 Nissan Kicks unbeatable.

 

Nissan Sentra

2020 is an all-new model year for the Nissan Sentra, as the vehicle is built on a new and improved platform. The Sentra boasts a more powerful engine, better handling, performance, and fuel economy. New exterior details give it a mature look that closely echoes the aesthetic of Maxima and Altima, while a reconfigured interior adds class and luxury. 

Additionally, the 2020 Sentra will see the addition of more driver-assist safety features and convenient technologies than ever before. The Nissan Sentra is still one of the best-priced compact sedans on the market, making its performance, safety, and style laden with value.

 

Nissan Murano

Much like the Kicks, the 2020 Nissan Murano remains relatively unchanged in 2020 except for the added suite of standard safety features that come at a tremendous value. In 2019, this 5-seater SUV received a fresh new look with an updated grille, headlamps, and taillights. In addition, it also received paint and wheel choices, luxurious interior details, and an upgraded infotainment system featuring Apple CarPlay and Android Auto. 

Upper trim levels in 2019 featured Nissan’s full suite of driver-assist technologies, so a discounted 2019 Murano in a Platinum or SV trim might just give you a vehicle that’s comparable to 2020 Murano at a lower cost.

 

Final Thoughts

Whichever Nissan car you decide to choose, there’s never been a more perfect time to take advantage of our detailed price reports. CarCostCanada has the best new car deals in Canada and has a lot of information on the cars you want, including Nissan vehicles. Visit our website to see what kind of deals you can snag.  

CarCostCanada

Buying a Car? Breeze Through That Test Drive the RIGHT Way!

You’re in the market for a new car!

There’s nothing quite as exciting as checking out all the makes and models, narrowing down your list and test driving those final few. As fun as this is, there are certain hitches throughout the process that can trip you up, especially when it comes to that tricky test drive. 

In this article, we navigate you through this elusive art, and also explain why it’s so so SO important to familiarize yourself with the car’s dealer invoice price in Canada before putting down your money.  

A dealer invoice report breaks down the MSRP (how much the dealer paid to own the vehicle), factory incentives, financing options, and more! So for example, if you’re curious about the BMW series 8 dealer price in Canada, a dealer invoice report is your secret weapon to making the negotiations process simpler. 

Without further ado, let’s delve into the different techniques to adopt when test driving your dream car. 

Research, Research, Research

We urge you to read reviews from people who’ve test-driven the same model before, get a dealer invoice report and effectively narrow down your top picks. The last thing you want to do is test drive more cars than you need to. 

Create a checklist that meets your main criteria. When you do your homework, it’s much easier to identify the things you want and don’t want in the car and by default, it becomes easier to identify the things you like or dislike during the drive!

Bring a Buddy

Granted, you may not be a car savant, and that’s okay. Bring along a family member or friend. Even if they’re not as savvy themselves, that extra pair of eyes elevates the chances of noticing something that you may not. 

Plus, they can provide valuable feedback as to what it’s like to ride as a passenger in the vehicle. Inexperienced buyers greatly benefit from bringing someone along as there are many potential concerns that crop up during your negotiations with the dealer that call for added support. 

Inspect the Vehicle

Yes, looks matter! Conducting a visual inspection is as important as getting behind the wheel and giving the car a whirl. What to look for?

  • Make sure the size is optimal, and that the car will easily fit into your garage; break out the measuring tape if you must!
  • Inspect the cargo space and glove compartment; too much or too little will be a problem later on.
  • How about that legroom? The interior space should be sufficient for the driver and front and back seat passengers. 
  • Adjust the seats to see if this can be done quickly and comfortably. 
  • Try out the Bluetooth, GPS and radio to make sure there are no glitches. 
  • Experiment with the buttons and knobs to ensure that everything is accessible and intuitive to use.

Get a Dealer Invoice Report

Now you may be wondering; how is a dealer invoice report vital to my test drive? As it turns out, this handy report is vital to not just your test drive but the entire buying process. Allow us to explain. 

When you select a make and model and request your free report, you will immediately gain access to the following information;

  • MSRP (Manufacturer’s Suggested Retail Price – what the dealer paid to own the car)
  • Factory incentives
  • Lease and finance rates
  • Recommended dealerships
  • Vehicle pricing options
  • Comparable vehicles

With this information, you can access certified recommended dealerships and the negotiation process then becomes a breeze. 

A majority of dealerships make a profit of 8.7% on selling a new vehicle. When you know the MSRP, follow the 3-5% rule – add 3-5% on the invoice figure in your report to calculate the most lucrative negotiation price!

Test driving is nothing by itself if you don’t get a good price without breaking your budget, right? Right! That’s why we encourage you to get a free report today – no matter the make and model you have in mind, we got you covered. 

We’re here to help. Request your free dealer report right now.

CarCostCanada

Buying a New Car as a College Student? Here’s How to Stay Within Budget!

College is an exciting and challenging time. Between 7 am classes, tons of homework and, whew, student loans, you have a lot of your plate. But now you’ve decided to invest in a new car so you can travel faster and more conveniently. That’s great news! Naturally, you want something that stays well within budget.

Buying a new car is a phenomenal experience. Well, actually, owning a new car is a phenomenal experience. Buying one? Not as much. 

We understand that you’re super new to this and need a little help. If you’re curious about, say, the price of a Honda, Car Cost Canada has got your back! This article helps you simplify the negotiation and reveals how you can find out the invoice price on your new car in Canada in a matter of minutes!

Like most new car buyers, you might be wondering; just what is the invoice price of a car? The invoice price or dealer cost is the sum of money paid by the dealership to gain ownership of the car. It includes the cost of the base model and all add-ons. The figure is typically much lower than the advertised figures, the latter of which is referred to as the MSRP (Manufacturer’s Suggested Retail Price).

When you shop smart and get a car dealer invoice report, you can skip the MSRP and pay a much lower fee.

Check the Age of the Car

When shopping around for a new ride, go for a model that’s less than 8 years old.  You’ll need a car that has easily available parts that do not call for frequent replacements. 

When you approach the dealers, make sure you have someone with you who is experienced in purchasing cars. Certain salespersons might deceive new buyers about the state of the motor vehicles. 

By taking an experienced person with you, you’re enhancing your bargaining power and the likelihood of getting the best value for your money. 

Set the Ground Rules

Do your research on the car you have in mind before you set foot into the dealership. Instead of dropping by the dealers and letting the salesperson sway your opinion, tell them you already have a vehicle selected. Convey the trim level and add-ons that you wish to invest in, keeping in mind the price for that configuration. 

When the salesperson senses you’re a novice who doesn’t have a specific model and trim level in mind, they’ll pull out all the stops to get you to invest in expensive and unnecessary add-ons. 

Reassure them that both parties are emerging from a mutually beneficial deal, and ask if they’re willing to match your target price. If not, don’t be afraid to tell them that you’d prefer to go to another dealership. When they see you’re willing to let the deal fall through, they are all the more likely to be open to reason. 

Purchase At the End of the Month

Business slows down at the end of the month and most salespersons are looking to make one final sale. It stands to reason that they’re more amenable and willing to be open to your negotiation tactics. If you want to go one better, try buying your car at the end of a quarter – March, June, September or December. This will help you save even further. 

We suggest shopping for the car early in the month and actually buying it much later, meaning get the test drive done early and narrow the list when the month is closing up shop. 

Access Great Rebates With a Free Car Dealer Invoice Report

A dealer invoice report is honestly every college student’s best friend when car shopping. This report is meant to provide a breakdown of all fees, including the hidden car fees that most people aren’t aware of. That way, you will know exactly how much you’re paying for that trim level and how to negotiate smartly. 

Your report will reveal;

  • MSRP (Manufacturer’s Suggested Retail Price – what the dealer paid to own the car)
  • Factory incentives and rebates
  • Lease and finance rates
  • Recommended dealerships
  • Vehicle pricing options
  • Comparable vehicles

A majority of dealers turn a profit of 8.7% on selling a new car. When you’re aware of the true MSRP, you can follow the 3-5% rule – meaning you can add about 3-5% on the invoice figure in your report to calculate the most lucrative negotiation price. 

 

At Car Cost Canada, you can have your cake and eat it too. Get a great car at your dream price. 

Your report is ready and waiting! Get it here. 

CarCostCanada

Ditching Fuel For an Electric Car? 5 Reasons Why That May Be Your Best Idea Yet!

Is it finally time for you to own an electric vehicle? 

In the electric automobile industry, there are so many cars debuting each year. Many of these come with affordable price tags and extended operating ranges, making your buying decision both easier and harder simultaneously. 

So if you’re thinking about an electric car, do read on. Also, we have a great surprise at the end. If you’re wondering, say, what the cost of a BMW electric car in Canada is, we can do you one better! Not only will we show you how to know the full MSRP, but also how you can get amazing rebates and incentives. Read on!

What is an electric car and how does it work? All-electric cars have an electric motor in place of an internal combustion engine. The car relies on a large traction battery pack for power and it must be plugged into a charging station or wall outlet to recharge. 

Granted, these still occupy a razor-thin percentage of the overall automobile industry, but they’re picking up traction very quickly! And with the dearth of renewable fuel sources, there might come a time when all owners switch to EVs!

The debate between electric cars vs gas cars has been on for quite some time. In this article, we explore the pros of shopping for an EV in 2019. 

  1. So Many Amazing Options

You’d be surprised to learn that, in 2019 alone (so far!), 17 new EVs and crossovers have been launched. For the budget-minded shopper, these start as low as $23,900. A large portion of them are within the $30,000 range which, let’s face it, is the average cost of a new car these days. 

Which new models have debuted this year? Say hello to the Audi e-tron, Jaguar i-Pace, Hyundai Kona Electric, Kia Niro Electric and the Nissan Leaf Plus. When talking electric, Tesla is never far behind. This year, the auto giant released the Model 3, priced at $35,000 for the entry-level trim.

  1. EV Resale Values Are Quite Impressive

Conventionally, people have found that EVs have abysmal resale values. That’s about to change. Models like the Chevrolet Bolt EV, Tesla Model 3 and Jaguar I-Pace can all run for over 200 miles at a time and are anticipated to hold a much sturdier 3-year resale value. In fact, the Tesla Model 3 is expected to retain about 64% of its value after 36 months. 

  1. Electricity is More Affordable Than Gasoline

This one’s a given. Gas prices are soaring and more and more people are finding that it’s cheaper to own and run an EV. For instance, the Hyundai Ioniq Electric is expected to cost the owner about $500 a year to run for 15,000 miles! This means that those who opt for this car will pay approx $4,200 less in fuel costs over a 5-year period as opposed to someone who owns a gasoline run vehicle.

  1. No Tailpipe Emissions

EV batteries do not spew smog-forming pollutants like an internal combustion engine does. Imagine the good you’d be doing for the environment! Now the overall impact on the environment does depend on how the electricity is locally sourced. But overall, these produce way less pollution than traditional cars. 

  1. Maintenance Costs Take a Nosedive

No more oil changes or tune-ups That sounds good, doesn’t it? In fact, because there are just a handful of moving parts, the less chance of things failing or needing replacement in an EV. Electric cars use a one-speed transmission and avoid components like valves, spark plugs, clutches, catalytic converters, etc. Thus, you will only need to get the brake pads serviced every once in a while. 

Want the Best Deal on Your New Electric Vehicle?

Car Cost Canada can help! With a dealer invoice report from Car Cost Canada, you can get a breakdown of factory incentives, lease rates and more! That way, you can easily skip the extra charges and find out the MSRP of any car (how much the dealer actually paid to own it). 

Negotiating for a great deal is so much simpler. 

Get your FREE report right here!

CarCostCanada

Use These 5 Proven Tricks on Your Car Dealer to Get the Price You Want!

You’re on the lookout for your next car? That’s exciting news! What isn’t as exciting is the prospect of haggling with a dealer to talk them down from the exorbitant quote they’ve just given you. Fear not. 

In this article, we reveal 5 successful strategies you can use to beat the dealer at their own game. We talk about how the price of your new car in Canada doesn’t have to be at the whim of the dealer. 

For instance, if you’re in the market for a Subaru Forester, a new price report will help you avoid paying the full MSRP and give you amazing incentives! 

Without further ado, let’s explore the 5 tactics that will get you a new ride without breaking the bank. 

  1. Stick to Your Target Figure

Make it clear to the dealer that you will only sign the paperwork when they agree to match the price you have in mind. Of course, they’ll try to counter your offer. Stay firm and politely decline. Leave them with your phone number, and if the price you’ve quoted is reasonable, chances are they’ll call you back within the next couple of days. 

  1. Know When to Follow Up

Auto gurus have suggested it’s best to follow up on Saturday or Sunday an hour before the dealership closes. 

Always call and ask to speak to the same point-of-contact person you negotiated with before. Reiterate that you aren’t willing to go above your quote, and if they’re having a not-so-lucrative weekend, they just might acquiesce!

Salespeople are under more pressure to make one more sale before the month closes, hence it’s always a good idea to follow up at the end of the month. A deal that they refused on the 26th of the month might suddenly make sense to them on the 30th. 

  1. What NOT to Say

“I really love this car”

“I don’t know much about cars”

“I’ve made up my mind to purchase a car today”

While all of the above may be true, there’s no need to volunteer this information to the dealer. The dealer psychologically profiles every person that walks in. Knowing that you’re already emotionally invested in a car, they might just play to that and use any and all tactics to complete the sale. Make sure you hold the cards and don’t relinquish that edge to the salesperson. 

  1. Don’t Be Afraid to Walk Away

Walking away does not equate to defeat. Sometimes, leaving the dealer with a quote to mull over is a great thing. If you eagerly accept the first quote they give you, chances are you’ll get taken for a ride. From there, it’s only a matter of time before the dealer heaps additional fees onto you (VIN etching, rust protection) that you don’t really need. Again, if the dealer is not meeting you halfway, hit the road. 

  1. Get a Free Dealer Invoice Report

None of the above really stands for much if you don’t have a dealer invoice report to turn to. 

Your report will reveal;

  • MSRP (Manufacturer’s Suggested Retail Price – what the dealer paid to own the car)
  • Factory incentives
  • Lease and finance rates
  • Recommended dealerships
  • Vehicle pricing options
  • Comparable vehicles

A majority of dealers turn a profit of 8.7% on selling a new car. When you’re aware of the true MSRP, you can follow the 3-5% rule – meaning you can add about 3-5% on the invoice figure in your report to calculate the most lucrative negotiation price. 

It’s simple! Choose your make and model and see a complete breakdown of all fees. 

 

Get a FREE dealer invoice report within minutes. 

 

CarCostCanada

Saving Money on A New Car is THIS Easy?!

No matter how much money you have, being able to save some on a purchase is always good news. Scoring a two-can-dine coupon on $10 meals can be enough to render people ecstatic. Although we don’t go out hunting for ways to save a few bucks on takeout, we do as much as we can to save on larger purchases. Purchasing a new car for instance – who wouldn’t love to knock hundreds or even thousands of dollars off of the price?

It’s possible to get the car you want at a price lower than listed, it just requires a little extra work that will be well worth it in the end. In the market for a new ride? Here are a few ways you can score the best car deals Canada has to offer: 

Do Your Research

The excitement of driving away in a new ride is a lot to bear. So much so, they are you want to just run to the dealership, sign your deal quickly, and ride away. While the experience is exciting, it’s best to take it slow and do thorough research. Don’t settle on the first car you see. Compare various models, makes, prices, and features. This extra bit of research can really go a long way when it comes to picking the vehicle that best suits your needs. 

Trade-In If Possible

Do you already own a vehicle and are just looking to upgrade? Consider trading in your existing vehicle. Provided it is in good condition, the dealership can offer you a good amount of money on it. The money you are offered is based on:

  • The year of the vehicle
  • The make/model
  • It’s external condition – is free from any cosmetic damage?
  • It’s internal condition – are all the parts in working order? Are repairs required?
  • It’s features – vehicles with more features tend to rake in more money
  • It’s current safety standard – will it pass safety or does it require repairs in order to do so?

Based on these factors, the dealership will work out a reasonable price which can be put towards the purchase of your new vehicle and lower the overall cost. If you aren’t too attached to your current ride, it makes sense to consider a trade-in!

Learn More About Rebates

Remember that two-can-dine coupon I mentioned earlier? It would be cool if you could cash in a coupon for your new vehicle, wouldn’t it? While they don’t work quite like that, rebates can still knock some serious cash off of your next new vehicle purchase. It’s important to research rebates you may qualify for as some aren’t brought up by the dealer. Money-saving rebates can include:

  • Incentive rebates – often given when you purchase a vehicle by a certain time 
  • Military rebates
  • Student/Graduate rebates
  • Mobility rebates (should you require any add-ons to make your vehicle accessible)
  • Workplace rebates

Get Your Dealer Invoice Report

A Dealer Invoice Report is to car buying what the Golden Ticket was to Charlie. What exactly is it? A Dealer Invoice Report generates the price the dealer paid for the vehicle as opposed to the MSRP which is marked up, sometimes substantially. The report reveals the dealer price as well as incentives you may be eligible for. Most dealers are receptive when it comes to accepting the report and presenting the information on paper may void a pesky negotiation process.

Depending on the price of the vehicle, the Dealer Invoice Report can save you anywhere from a couple hundred dollars to thousands. Saving your hard-earned money with a free report sounds like a win-win in our books!

When it comes to purchasing a new vehicle, there are several ways you can go about knocking some dollars off of the cost. Being aware of these measures and taking a little extra time before jumping on the first vehicle you see can help you save big.

Ready to purchase your new vehicle? Get your FREE Dealer Invoice Report today!

CarCostCanada

Hopes Surge For Tesla Enthusiasts As Electric Vehicle Incentives Become More Prevalent

Ever asked a Tesla owner what it feels like to own one? Being insanely happy and satisfied with their car is what a true Tesla aficionado would say.

To own a brand like Tesla gives some people a sense of thrill and for others is an eco-friendly option coupled with a sense of luxury and accomplishment. Canadians are no different! Tesla as a brand has managed to generate high levels of awareness and consideration amongst Canadian car enthusiasts. And, it is interesting to see how the excitement unravels for electric cars like these in the market with time.

Which brings us to good news for all Tesla fans. Buying electric cars is now going to be cheaper, thanks to the Canadian Government for the decision to boost electric vehicles on the road by covering them under incentive programs. This program includes a range of electric vehicles and not to forget – the Tesla Model 3. If you are eyeing the Model 3 for long and researching the new car deals in Canada, now is the time to invest in one.

 

Why are electric vehicles incentivized in Canada?

The plan to incentivize is a result of the governments’ aim to encourage Canadians to support practical, affordable, and eco-friendly solutions to face the issues associated with climate change effectively. It is an important milestone for the Government to initiate a solution in this direction that will help to reduce the amount of greenhouse gas emissions due to transportation

With this program, consumers will be entitled to a number of buying/leasing incentives depending on the eligible car make. And amongst the list of electric vehicles and plug-in hybrids, Tesla Model 3 is one of them.

 

What does it mean for current and potential Tesla owners?

According to the electric vehicle category, individuals purchasing an EV with a base MSRP under $45,000 will be entitled to receive a $5,000 rebate. Towards this, the following Model 3 configurations qualify for this federal incentive:

  • 2019 Model 3 Standard Range with the qualifying MSRP before centre fees and EV savings: $44,999
  • 2019 Model Standard Range Plus with the qualifying MSRP before centre fees and EV savings: $53,700

These incentives come in addition to the current $8,000 and $5,000 incentives offered in Quebec and British Columbia, respectively.

So, if you are planning to buy an electric car this summer, now is the best time to catch hold of the Tesla Model 3. Not only does it comes with the government-backed benefits now but this in-demand vehicle comes with all the features every Tesla lover would desire with the addition of a lower price tag.

 

How will a Tesla customer receive this incentive?

Such purchase incentives will be exclusively applied at point-of-sale – dealerships or online for one purchased or leased after May 1, 2019. For this, the dealership will be responsible for ensuring that the documentation is in place for you in order to obtain the benefit.

 

What makes Tesla so attractive to buyers?

  • The first and foremost reason why Tesla is the car everyone longs for is due to the embodiment of modern design and aesthetics backed with high technology features that can be updated via a simple software update just like a smartphone.
  • Tesla models have shifted focus to affordability and this will continue over the years to come.
  • They are one of the simplest cars to operate with almost no noise
  • They can reach high speeds in a matter of a few seconds, making them a head-on competitor for most luxury sports cars in the market.

Buying an electronic vehicle, such as a Tesla can be a very tough decision to make. The initial price may sway people, however, it’s an investment you will get your money’s worth from. Finding the right dealer, the best price, and the add-on incentives is essential to the buying process.

 

Car Dealer Invoice Reports: Finding You The Best Tesla Deals

Buying a Tesla is itself an experience worth participating in. To add on to this, a dealer invoice report breaks down the essentials you need to know before opting in for this experience and ensures that it is a memorable one by:

  • Choosing the best deal for you through a granular price comparison between different makes and similar electric vehicles
  • Breaking down the financials and leasing options that will best suit your requirements
  • Providing information related to the advertised as well as non-advertised incentives that you might be eligible for
  • Recommending you a partner Tesla store provider in order to deliver the promise of high quality and maintenance services

 

Get the best buying advice, pricing guidance and know more about the special incentives for your next Tesla Model 3 with a CarCostCanada report.

CarCostCanada

Out With The Old, In With The New: How Buying a NEW Vehicle Can Benefit You!

“Should I buy new or used?”

 

The age-old question when it comes to purchasing a vehicle. While there is no right or wrong answer as it comes down to every individual’s unique situation and needs, a vehicle is one of the largest assets one purchases, ergo, vast research is required prior to setting your heart on a car. While used vehicles boast lower initial costs, new vehicles come with various benefits that can actually save you money in the long run. Whether you are in the market for your very first car or looking to ditch your current vehicle for something new, buying a new vehicle can benefit you in more ways than one.  Although new vehicles are more expensive initially, they provide a great payoff for your driving needs and with our Dealer Invoice Report, you can save big on the cost of a brand new vehicle!

With that being said, what are the perks of buying a brand new vehicle?

 

No hidden issues, all new parts

 

When purchasing a new vehicle, you are the first owner meaning that no wear and tear has been done to the interior or exterior of the vehicle prior to you driving it. All the parts are brand new and thoroughly inspected by the manufacturer and the dealer, in sum, what you see is exactly what you get. Whilst most used vehicles pass safety standards and are in relatively good condition, there can be hidden issues that a previous driver didn’t disclose which could lead to issues soon down the road.

 

Being the first driver of a vehicle gives you peace of mind knowing that there are no hidden issues in regards to the performance and quality of the vehicle and all of its parts.

 

More bang for your buck?

 

When comparing new vehicles to used vehicles, it’s appropriate to assume that purchasing a used vehicle is the cheaper route, however, that is not the case in every situation. Piggybacking on the aforementioned point, new vehicles = new parts which means that the chances of issues arising are less than that of a vehicle with older, used parts. How does that translate to fewer costs? Simple – fewer trips to the mechanics.

 

Another way a new vehicle can actually incur fewer costs over time is in relevance to fuel economy. Over time, a vehicles fuel economy will decrease. You may notice that after a few years, your tank isn’t getting you quite as far as it used to. With that being said, a new vehicle will boast it’s optimal fuel economy, whereas a used vehicle may have dropped a few percentiles from its initial fuel abilities.

 

Still on the topic of costs, insurance is another key component to note and an extremely important one as everyone is required, by law, to possess auto insurance. Your insurance costs are contingent on a number of factors including; age, location, license class, current safety of vehicle model, and driver/accident history. A vehicle that has been involved in a motor vehicle accident previously may impact your premiums if you plan on purchasing it, regardless of the fact that the accident had no correlation to you. As the first owner of a new vehicle, you can rightly assume that there were no prior accidents that could cause your monthly rates to soar!

 

Out with the old, in with the new

 

There comes a time where we may have to make a decision to part ways with our beloved vehicle and while the thought of purchasing a new vehicle thereafter is exciting, there is one thing you have to deal with first – the old car. Whilst some keep their current vehicles, utilizing them as certain season vehicles or perhaps handing them down to a relative, others want to allocate funds from said vehicle towards the purchase of a new vehicle. It’s no secret that vehicles depreciate over time, even those that are well-maintained. With that being said, it’s important to keep in mind how long you plan on having your vehicle. If you purchase a 2019 vehicle and plan to sell it in 5 years, you will get a significantly higher offer or trade-in value than that of a car 5 years it’s senior. Whilst most people aren’t thinking about their next vehicle while in the process of purchasing a new vehicle, it’s important to keep in mind the value of the vehicle down the road, should you want to sell or trade-in.

 

Features, features, features

 

Infotainment system, back-up camera, heated seats, heated steering, navigation, park assist, lane departure warning – the list of features available in new vehicles goes on and on! Albeit, these features come down to personal preference; some prefer a simpler vehicle whilst others want all the features included. Most new vehicles come equipt with an array of features, even the base models. These features are included in the cost of the vehicle.

 

Whilst there are older vehicles that have some of the aforementioned features, such as heated seats, they typically do not possess the more technically advanced features. Should you purchase a used vehicle and decide down the road you do want these features, adding them on can be costly! If you want a vehicle loaded with features, a new car is the best route to take.

 

Choosing between a new or used vehicle comes down to the factors listed and personal preference/needs. Although new vehicles boast a plethora of benefits in a majority of situations, used cars can be a great option if;

 

  • You are a first-time driver, not 100% confident in your driving abilities
  • You are looking for a classic/specific model/make
  • You are looking to heavily modify the vehicle (a fixer-upper)

 

It’s important to do a good level of research prior to making a purchase to ensure you get the right vehicle for your individual needs.

 

Ready to get behind the wheel of a brand new vehicle? Contact us today and we will help you save thousands on your new ride!