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Top Tips for Buying Used Vehicles in the GTA

  • Writer: Bessie Vavaroutsos
    Bessie Vavaroutsos
  • Jul 3, 2024
  • 10 min read

Chevrolet Colorado

Searching for the perfect used vehicle in the GTA can be a challenging task. With so many options and considerations, it’s easy to feel overwhelmed. Whether you’re looking for fuel economy, safety ratings, or just the right body style—finding a reliable pre-owned car demands attention to detail and thorough research.


One key fact to know is that buying a used car in Ontario allows most of the depreciation value to fall on the previous owner. This means you can often get more cars for your money, but moving through this process requires insight and understanding.


Our team at Eastside Chevrolet Buick GMC Corvette is here to guide you through selecting your next vehicle with confidence, focusing on aspects like accident history fuel consumption and ensuring you understand all necessary documentation such as the Used Vehicle Information Package (UVIP) and Safety Standards Certificate (SSC).


Ready? Let’s get started.


Key Takeaways

  • Always check the vehicle’s history and accident reports before buying. Use CARFAX Canada to learn about any past accidents or issues.

  • Make sure to have a mechanical and cosmetic inspection done. This helps ensure the car is in good condition and worth your money.

  • Understand your financing options. Talk wit h financial experts at Eastside Chevrolet Buick GMC Corvette to find the best plan for you.

  • Know your trade-in value if you’re planning to swap cars. Use Kelley Blue Book and fix any issues of your current car to get a better deal.

  • Visit Eastside Chevrolet Buick GMC Corvette in Markham, Ontario, for help finding a used vehicle that fits your needs and budget.


Preparing to Buy a Used Vehicle

As the Vice President of Operations at Eastside Chevrolet Buick GMC Corvette, I see firsthand how crucial it is to prepare before buying a used car. First off, thorough research on the right model that fits your lifestyle and budget can save you headaches later on. It’s essential to understand the vehicle’s value – this means looking up its resale price, running a vehicle history report through CARFAX Canada, and checking consumer reports for reliability ratings. Finding out what you can afford comes next.


Talk with our financial experts about financing options available for qualified buyers to ensure your dream car fits your budget without stress. Every step you take in preparation brings you closer to getting behind the wheel of a great pre-owned vehicle from our inventory at Eastside Chevrolet Buick GMC Corvette in Markham, Ontario.

GMC Sierra

Researching the right model for your needs

At Eastside Chevrolet Buick GMC Corvette, my team and I understand the value of finding a vehicle that perfectly aligns with your lifestyle and needs. It starts with thorough research—a critical step in ensuring you drive away happy and satisfied.


Explore consumer reports and car reviews to uncover which models offer the features you’re looking for, be it fuel efficiency for long commutes or advanced safety technology for family trips.


Whether you prefer sedans, SUVs, or trucks, focusing on vehicles with lower mileage, like Certified Pre-Owned options, can lead to better quality and reliability.


Knowing what fits within your budget is just as important. With used car prices recently dropping there’s never been a better time to explore the pre-owned market. Average yearly mileage—about 20,000 km—is a good benchmark when evaluating any potential purchase; anything around 100,000 km for a five-year-old vehicle indicates it’s within reasonable use limits.


My team at Eastside Chevrolet Buick GMC Corvette specializes in matching customers with their ideal pre-owned vehicle while offering competitive financing options for qualified buyers.


Let us help guide you through our inventory of Canadian trims and models to find one that both meets your requirements and exceeds them—all on approved credit.


Understanding the value of the vehicle

Understanding the value of a vehicle is crucial, especially in today’s market, where used car prices have skyrocketed. At Eastside Chevrolet Buick GMC Corvette, we emphasize the importance of this step in the vehicle buying journey. The CARFAX Canada Value Range tool offers a clear perspective, factoring in depreciation rates and market conditions. Here’s a straightforward breakdown:

Aspect

Description

Depreciation

New cars in Ontario see a 25% value drop in the first year, then 17.5% the next. Used vehicles retain value better.

Market Conditions

Used car prices have increased more than new cars due to supply crunches. The Manufacturer’s Suggested Retail Price (MSRP) uplift has dragged used market prices up.

Inventory Shortage

A lack of certain models has led to scarce inventory, pushing prices higher.

Immediate Purchase Premium

New cars available for immediate purchase are priced high due to demand and short supply.

Value Tools

Using tools like CARFAX Canada Value Range helps buyers understand a fair price range for used cars.

Our team at Eastside Chevrolet Buick GMC Corvette guides customers through the valuation process, ensuring you’re informed and confident in your purchase. Understanding a vehicle’s value sets the stage for a smart investment, aligning with our commitment to help you find the best vehicle to meet your needs and budget.


Exploring Financing Options

Getting the right financing for a used vehicle in Toronto is easy with our team at Eastside Chevrolet Buick GMC Corvette. We know most people can’t pay cash upfront for their cars.


This is why we offer customized financing solutions that consider your credit score, down payment, and what you need from a loan. With options for both fixed-rate and variable-rate loans, our finance division ensures you find terms that suit your specific needs on approved credit.


Our experts will work with you to understand the best mix of down payment and monthly payments to fit your budget. Whether you have a high credit score or are working on improving it, we’ve got options that can help widen your choices without stressing over costs.


Financing through us means getting access to comprehensive plans covering everyone in the GTA region. Let our finance team guide you through each step, ensuring clarity and confidence in your purchase decision—all on approved credit for qualified customers.


Key Checks Before Purchasing

Before you make your final decision on a used car, it’s crucial to examine its past and current state. At Eastside Chevrolet Buick GMC Corvette, we always encourage getting the full story—checking a vehicle’s history for any accidents or damage through reports from agencies like the National Highway Traffic Safety Administration, as well as ensuring a thorough mechanical and cosmetic inspection.


This gives you peace of mind and secures your investment in quality and safety. Our team is ready to assist with every step, offering expert inspections that reveal everything from engine performance to paint condition.


Let us help you drive home with confidence in your choice!

Chevrolet Equinox

Vehicle history and accident reports

Checking the vehicle history and accident reports is a step you can’t skip. Our team at Eastside Chevrolet Buick GMC Corvette knows that these reports reveal much about the car’s past.


Get a CARFAX Canada Vehicle History Report to learn about any accidents or liens. This report gives you details like the car’s registration history, market value, and the very crucial VIN (Vehicle Identification Number).


It’s your best bet to ensure you’re not buying someone else’s problem.


You should also check for open safety recalls on safercar.gov and confirm if the car has a salvage status. This isn’t just paperwork; it’s peace of mind.


Knowing a vehicle’s history helps us guide you better in making an informed choice. Plus, if there are any signs of dealer fraud, we take action by reporting it to the Federal Trade Commission, ensuring transparency and trust in every purchase from Eastside Chevrolet Buick GMC Corvette.


Mechanical and cosmetic inspection

Buying a used vehicle involves more than just finding the right price; it’s about ensuring quality and reliability. At Eastside Chevrolet Buick GMC Corvette, we know the value of a thorough mechanical and cosmetic inspection. Here’s how our team ensures each vehicle meets our high standards:

  1. Start with the Vehicle History Report: We check accident reports and service records to assess past wear and tear. This tells us what to look out for during a physical inspection.

  2. Conduct a Comprehensive Safety Inspection: Our certified mechanics perform safety inspections as mandated by the Ministry of Transportation Ontario. This includes checking brakes, seat belts, airbags, and all safety-related components.

  3. Engine and Mechanical System Checks: We examine the engine for leaks, odd noises, or any signs of damage. The transmission, exhaust system, and cooling system get similar attention to detail.

  4. Test Drive for Performance Issues: A test drive reveals a lot about a car’s condition. We listen for unusual sounds and watch for issues with steering, brakes, and transmission.

  5. Inspect Tires and Suspension Components: Good tires are critical for safety; we check tread depth and signs of uneven wear. Suspension is also scrutinized to ensure a smooth ride.

  6. Examine Exterior Bodywork: Our team looks over the bodywork for any dents, scratches, or rust spots that could indicate deeper issues or affect the vehicle’s value.

  7. Review Interior Condition: Upholstery should be in good shape; electronics like window controls, locks, and entertainment systems must function properly.

  8. Check Fluid Levels: Oil, coolant, brake fluid, and transmission fluid levels are inspected to make sure they’re within safe operating ranges.

9.    Hardware Integrity Verification: All lights — headlights, tail lights, turn signals — along with windshield wipers are tested to ensure they work correctly.

10.  Software Health Examination: Onboard diagnostics provide codes if there are underlying issues that are not immediately noticeable through physical checks.

11.  Documentation Validation: We ensure that vehicle registration documents are current and match the license plate on the car.


Our dedicated team at Eastside Chevrolet Buick GMC Corvette takes pride in offering vehicles that meet your expectations for quality pre-owned cars in Markham, Ontario.


Whether you’re interested in passenger cars like sedans or coupes or need something bigger like an SUV or wagon fitted with AWD systems for those harsh Canadian winters, their direct knowledge will help guide you through every technical spec so you feel confident when choosing your next ride.


With every inspection, we aim to give you peace of mind, knowing your future vehicle is up to par in every aspect. Let us help steer you toward a used car that feels almost new!


Trade-In Options and Value

Exploring trade-in options and understanding your vehicle’s value are key steps in the journey toward acquiring a new or used car. At Eastside Chevrolet Buick GMC Corvette, we value transparency and aim to provide our customers with the knowledge they need to make informed decisions.

Trade-In Process Step

What to Do

Why It Matters

Determine Your Car’s Value

Use Kelley Blue Book to estimate the trade-in value.

Knowing your car’s market value helps in negotiation.

Enhance Car Value

Fix mechanical issues and improve appearance.

Cars in better condition generally fetch higher trade-in values.

Research Dealerships

Look for reputable dealerships in your area with good trade-in values.

Not all dealerships offer the same value for your trade-in.

Prepare Documentation

Bring title, registration, and list of any modifications.

This documentation is essential for a smooth trade-in process.

Be Ready to Walk Away

If the offered value doesn’t meet expectations, be prepared to explore other options.

Ensuring you get fair value is critical in a trade-in deal.

At Eastside Chevrolet Buick GMC Corvette, located in Markham, Ontario, we pride ourselves on offering competitive trade-in values and financing offers on approved credit for qualified customers. Our team of automotive professionals is here to guide you through the trade-in process, ensuring you understand your car’s value and how it fits into the purchase of your next vehicle. We believe in building relationships with our customers based on trust and transparency, making every effort to offer the best trade-in options.


Whether you are looking to trade in your vehicle for a new or pre-owned car, our team is excited to assist you. With nearly one-third of all used cars traded every year, we understand the market dynamics and strive to provide attractive trade-in deals that benefit our customers.


Improving your car’s mechanical condition and appearance can significantly enhance its value, making your next vehicle purchase even more rewarding.


Trade in with confidence at Eastside Chevrolet Buick GMC Corvette, where we make every trade-in count toward your dream car.


2024 Chevrolet Blazer

Finalizing Your Purchase at Eastside Chevrolet Buick GMC Corvette

Once you find your dream car here at Eastside Chevrolet Buick GMC Corvette in Markham, Ontario, our team walks you through every step to make it yours. We’ll explore finance or lease options that fit your budget, on approved credit, of course.


Our experts also discuss warranty plans that protect your vehicle long-term. Making your purchase smooth and stress-free is what we do best—let us help you drive off confidently in a vehicle you love.


Ready to take the next step? Visit us and see how simple buying a car can be!


Navigating financing and warranty options

At Eastside Chevrolet Buick GMC Corvette, we understand that financing can often feel overwhelming. That’s why our finance department is dedicated to guiding you through every step of the process.


With options customized for varied credit histories, finding a plan that suits your needs has never been simpler on approved credit. Whether it’s figuring out your credit score, deciding on a down payment, choosing loan terms, or locking in an interest rate, our team works tirelessly to find you the best deal possible.


Our partnerships with GM Financial and multiple banks allow us to offer a wide array of financing alternatives.


Warranties are another crucial aspect of purchasing a vehicle with confidence. We help demystify warranties so you can drive off securely in the knowledge that your investment is protected.


Leasing might be the perfect route if you’re someone who enjoys switching up their ride every two or three years—with lower payments as an attractive bonus—all on approved credit for qualified customers only.


At Eastside Chevrolet Buick GMC Corvette in Markham, Ontario, we make these processes clear and straightforward because we want you excited and confident about buying your next vehicle with us.

2024 Chevrolet Colorado

Conclusion

We’ve walked you through preparing for your used car purchase, from researching the right model to understanding its value and exploring financing options. You now know the importance of vehicle history checks, mechanical and cosmetic inspections, and considering trade-in values.


Our team at Eastside Chevrolet Buick GMC Corvette makes finalizing your purchase smooth by offering various financing on approved credit and guiding you through warranty choices.


These strategies are not just smart; they’re practical. Applying them can save you time, money, and stress. We aim to make buying a used car in the Greater Toronto Area a positive experience.


Our dedication goes beyond sales – we’re committed to ensuring you drive away confident in your decision.


Every car has a story, but it’s the comprehensive checks that reveal it. By choosing us at Eastside Chevrolet Buick GMC Corvette in Markham, Ontario, for your next vehicle or service needs, you’re partnering with a team that cares about those stories as much as you care about your new ride.


Let this be more than advice; let it guide your next steps toward owning a great used vehicle that meets all your needs – without surprises down the road. Drive safe!

2024 Chevrolet Traverse

FAQs

1. What should I look for when buying a used vehicle in the GTA?

Look for the car’s valuation, resale value, and pre-purchase inspection results. Check if it has features like automatic emergency braking and four-wheel drive.


2. Where can I find reliable information about used vehicles in the GTA?

You can visit websites such as EastsideGM.ca or forums on social media platforms like LinkedIn to get insights from other buyers.


3. Are there any legal requirements when purchasing a used car in Ontario?

Yes, you’ll need your driver’s licence and insurance coverage before you purchase a car. The Ontario Motor Vehicle Industry Council also requires sellers to provide an accurate bill of sale.


4. Can I trust all dealers selling used cars in the GTA?

Not necessarily! Always check whether they are licensed by The Ontario Motor Vehicle Industry Council before making any purchases.



About Bessie Vavaroutsos

Bessie Vavaroutsos is the Vice President of Operations for Old Mill Cadillac Chevrolet Buick GMC and Eastside Chevrolet Buick GMC Corvette, two prestigious GM dealerships located in Ontario's Greater Toronto Area. With a family legacy in the automotive industry dating back to 1984 when her father purchased Old Mill Pontiac, Bessie has been immersed in the car business for over 35 years. She has 20 years of professional experience, but her involvement stretches back to her childhood.


Bessie is passionate about delivering exceptional customer experiences. She recognizes that purchasing a vehicle is the second most significant investment many people make after buying a home. She is committed to treating every customer like a guest in her home and ensuring they have all the information needed to make informed decisions.


Looking ahead, Bessie's vision for the car business focuses on providing efficient and convenient service in both Sales and Service. She understands the value of time for today's consumers and strives to respect their time through streamlined processes and excellent customer care.

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