How to get the best deal on your new car?

Mary Therese with her new Hyundai Sante Fe.

Buying a new car is a big step in people's lives. It's a long process that requires time and knowledge. However, now with CarCostCanada, you can rest easy and let us handle the negotiations for you.

It's now possible for anyone to shop online and get everything they need before they go to a dealership. Whether you're at home, on a bus or even at the mall, you can start the buying process with CarCostCanada.

Let’s walk through the different steps that can make you save thousands of dollars on your next new car.

Step1: Choose the right vehicle for you

This first step is to determine what type of vehicle and features you want. On the CarCostCanada website, you can go to the Buyer Reviews tab and see all the ratings, discounts and reviews on the most popular cars and dealers.

Mazda CX-5 on a dealer’s lot.

Moreover, you can also look through our huge selection of vehicle makes in the choose your vehicle tab. Here you will be able to visit hundreds of cars from all different dealers and models.

In short, with the help of these tools, you will be able to create a short list of desired vehicles and start shopping more seriously.

Step 2: Trade-in value

If you want to trade-in your old car, you should definitely get the trade-in value before you go to the dealership.
You can use our trade-in value calculator to do this.

It's important to do this before you go to a dealership because it will give you a good idea of what to expect. Knowing what your car is worth will make you better prepared when you get an offer. Be sure to list any extra equipment on your car, such as the sunroof, heated seats, cameras, etc. Be sure to be honest about the condition of the car so that the trade-in value is as accurate as possible.

Step 3: Test-Drive

Now that you've established your needs in terms of features and type of car, it's time to go out and test drive those cars. After finding the best deals and negotiating the best car price for you with the Free Report, CarCostCanada will recommend a dealerships near you that sells the vehicles that you selected.

Also, be sure to call and make an appointment before you go to the dealership so you don't have to wait when you arrive. Moreover, make sure the car(s) that you want to see are available at the dealership. Online inventories are not always perfectly aligned.

Also, when you do the test drive, be sure to take your time and not just drive around the block. There's no rush, just make sure you test drive everything and that you feel comfortable. Finally, you don't have to buy the car on that exact same day. You can always take the option of taking a day or two to think about it and give an answer afterwards.

New car salesperson Eric is explaining the features of the vehicle to Chantal and Robert.

Step 4: Review the price and warranties

Now that you have done your research, established your need, tested the different vehicles, and finally made a choice on which car you want, it is now time to get a good deal. In order to get the best deal possible, you can use the Free Report tool of CarCostCanada.

This work in 3 easy steps:

First, you price your new car using CarCostCanada's free reporting tool, just as you would with the manufacturer's website.

Once the price report is generated, you get the best price formula for the 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 you find the nearest dealer and meet with one of their professional representatives to get the best price and an exceptional buying experience.

Before you close the deal, make sure you know what is and is not included in the manufacturer's warranty. To learn more about the different warranties, read the blog: What you should know about extended warranty.

We empower you to get a great deal.