Things To Consider When Purchasing A Used Vehicle

Purchasing a new vehicle is a big decision, comprised of many components to consider before taking that leap.  This is even more true when you are purchasing a used vehicle, or as I like to call them, a previously loved vehicle.  If you or a loved one is currently in the market for a previously loved vehicle, there are a few thins that you should be aware of that will protect yourself and your wallet.

1. Make sure that the dealer you are shopping at is a member of the UCDA - Used Car Dealers Association.  The UCDA represents 4600 dealers in Ontario, which accounts for about 70% of the active participants in the used car market of Ontario. 
2. If the dealer you are shopping at is not a member of the UCDA, you could potentially be at risk to falling into the hands of curbsiders.  Beware of curbsiders!
•   A curbsider is defined as, "one who is in the business of offering vehicles to the public for the primary purpose of making a profit, but behaves as if he or she is selling their own personal vehicle."  In the first place, a curbsider is an individual who routinely sells vehicles but is not registered under the Motor Vehicle Dealers Act. The curbsider usually offers the "family car" straight from their house or residence.  
• Secondly, a curbsider is defined as one who acts as if he or she is a private individual but is really registered under the Motor Vehicle Dealers Act. Often these people have used false information to become registered and this allows them to purchase vehicles from other dealers or at auctions.
3. It is always crucial to inquire about the dealer's inspection process.  If you are shopping at an established dealer, with a good reputation, they usually will go above and beyond the provincially mandated safety standards.
   
4. Make sure there are no hidden fees.  The Ontario Motor Vehicle Industry Council, or OMVIC is charged with regulating the motor vehicle industry of Ontario and sets very specific pricing guidelines.  
5. Make sure that before you purchase your previously loved vehicle, you ask to see a UCDA Auto Check, or Car Proof.  Dealers are mandated to show you this report, which contains the following information: 

• Cross Canada Registration Status
• If the vehicle has been imported from the US
• If the vehicle is reported stolen
•  Accident information in dollar amount

 Finally, make sure you love the vehicle you are purchasing!