How to Buy a Used Car in Mississauga, Ontario
Thinking about buying a used car in Mississauga, Ontario? It’s a smart financial decision! A pre owned vehicle not only costs less than a new one but also avoids the steep depreciation that new cars face. This allows you to drive a dependable, well equipped car while saving money in the process.
The Car Boys is a reputable used car dealership in Mississauga, Ontario. We offer a wide selection of quality pre owned cars and make the car buying process easy by helping with financing and paperwork. You can explore our used car inventory under $10K, browse our A-list of luxury cars online or visit us in store to see the latest cars available right now.
Understanding the Used Car Market in Ontario
Ontario’s used car market offers plenty of choices. Prices for used cars in Mississauga, Ontario vary by a car’s age, mileage and condition, so it’s good to research the typical prices of models you’re interested in.
One big choice is whether to buy a car from a dealership or a private seller:
The Car Boys Dealership
At The Car Boys, all cars are inspected and certified with a Safety Standards Certificate (SSC). As your trusted dealer, we handle all paperwork and provide proper documentation to ensure a smooth buying experience. We also offer financing and warranty options, along with consumer protection if something isn’t right. Additionally, you can trade in your old car and apply its value toward your next vehicle Check out our trade-in services to see how you can easily swap your current vehicle for credit toward a new or used one.
Private Seller
The price might be a bit lower, but you’re usually buying the car as is, with no guarantees. You must handle all the paperwork the seller should provide a Used Vehicle Information Package (UVIP) and sign the ownership over to you. There’s less recourse if the car has issues later and private sales come with additional risks, including:
(1) Title washing: Some sellers may hide past accidents or a salvage status.
(2) Odometer rollback: Manipulating mileage to show lower numbers than the car’s actual usage.
(3) Stolen vehicles: Always verify that the VIN (Vehicle Identification Number) matches all documents.
(4) Fake sellers or curbsiders: Individuals posing as private sellers while illegally selling multiple vehicles without car dealer licensing.
To avoid these risks and ensure peace of mind, it’s often safer to buy from a trusted car dealership like The Car Boys.
Step-by-Step Guide on How to Buy a Used Car in Mississauga, Ontario
Set Your Budget For The Car You Want
Decide how much you can afford to spend. Include extra costs like tax, insurance and maintenance in your budget. Use our payment calculator to estimate monthly payments.
Research and Find the Right Car
Think about what kind of car fits your needs (sedan, SUV, truck, etc.) and research reliable models. Then Browse featured used cars in your budget to see what’s available.
Check Car History Report
Always check the car’s history report (Carfax or for private sales, the UVIP). This will tell you about past accidents or liens. You can get assistance with vehicle history checks from our team if you need help.
Car / Vehicle Inspection
Examine the car in person. Check the exterior and interior for any damage and look under the hood for leaks. If you’re not a mechanic, ask one to inspect the car or schedule an appointment for a car inspection with us for a professional check.
Take a Test Drive
Test drive the car to check its overall functionality. Listen for any unusual noises and make sure you feel comfortable with how it drives (braking, steering, etc.). You can book a test drive with The Car Boys to try out any car in our inventory.
Consider Financing and Payment
If you’re not paying cash, explore financing options. Car dealerships like The Car Boys can help arrange a car loan even if you have bad credit, so Apply for easy financing today if you need a loan.
Handle the Paperwork
Make sure all the paperwork is ready. You’ll need a bill of sale, the signed ownership, a Safety Standards Certificate and proof of insurance. If you buy from a car dealer, they’ll prepare most documents for you. In a private sale, you’ll handle them yourself (the private seller should give you the UVIP too). If you’re unsure about the process, you can learn more about ownership transfer.
Insurance Before Driving
In Ontario, it’s mandatory to have car insurance before driving your vehicle. Secure insurance policy before collecting your car. Whether purchasing from a car dealership or a private seller, you must show proof of insurance before you can register the car in your name.
Extended Warranty & Vehicle Protection Plans
At The Car Boys, we understand that buying a used car is a big investment and unexpected repairs can be stressful. That’s why we offer extended warranty options to provide you with peace of mind and financial protection. Our flexible warranty plans are tailored to your car’s make, model and condition, ensuring you get the best coverage for your vehicle.
Registration and Licensing
Go to Service Ontario to register the car in your name. Bring all your documents and proof of insurance. You’ll pay the 13% sales tax (if it wasn’t already collected) and a registration fee. Then you’ll get the vehicle permit (ownership) in your name and new license plates. Once that’s done, attach the plates and you’re ready to drive your car!
Post-Purchase Tips
Keep up with regular maintenance (oil changes, tire rotations, etc.) so your used car stays in great shape and consider adding personal touches or upgrades; our Custom Shop can help with that.
Where to Buy a Used Car in Mississauga, Ontario
We strongly recommend buying from a certified dealership like The Car Boys for a safe and hassle free experience. Here’s why:
Certified & Inspected Vehicles: Every car is professionally inspected and certified for reliability.
Trade-In Services Available: Easily swap your old car and apply its value to your next car purchase.
Flexible Financing Options: Get financing solutions, even if you have bad credit.
Hassle Free Paperwork: We handle ownership transfer, taxes and registration for you.
Peace of Mind: Unlike private sales, you get consumer protection and support post purchase.
The Car Boys Suggest Avoiding These Common Mistakes When Buying a Used Car in Canada
Skipping the Inspection or Test Drive: Never buy a car without inspecting it and taking it for a test drive.
Not Checking the Vehicle History: Always review the vehicle’s history report (UVIP or Carfax) for past accidents or issues.
Not Reviewing Financing Terms: Don’t just focus on the monthly payment; consider the interest rate and loan length as well.
If you’re unsure about anything during the car buying process, you can always get expert advice from The Car Boys. We’re happy to help so you can avoid these mistakes and buy a used vehicle with confidence.
Conclusion
Buying a used car in Mississauga (or anywhere in Ontario) is easy if you follow the right steps. And remember, The Car Boys are here to make the process as smooth as possible from helping you find the perfect car to securing financing and handling paperwork. Feel free to start your car buying journey today with us. We’re excited to help you drive home in a car you love!
FAQs on How To Buy a Used Car in Ontario
1. What documents do I need to buy a car in Ontario?
You will need a bill of sale, the vehicle ownership/permit (signed over to you by the seller), a Safety Standards Certificate and proof of insurance. If it’s a private sale, the seller should also give you the UVIP.
2. How much tax do I pay on when buying a used car in Ontario?
In Ontario, you pay 13% of the purchase price in tax when buying a used car. At a car dealership, this is added as HST to the sale price. For a private sale, you’ll pay the 13% Retail Sales Tax when you register the vehicle.
3. Can I get a car loan with a bad credit score?
Yes, at The Car Boys, we provide financing options for customers with bad credit. You can apply for financing today to explore your possibilities. Our team collaborates with top lenders to help secure low interest car loans tailored to your financial situation. Apply for financing now!
4. Can a non-resident buy a used car privately in Ontario?
Yes. Even if you’re from another province or country, you can buy a used car in Ontario. You will need a valid ID, a local address for the paperwork and Ontario car insurance to register the vehicle. Other than that, the process is very similar to any other car purchase.
5. What is the Process for Transferring Vehicle Ownership in Ontario?
To transfer vehicle ownership in Ontario, follow these steps:
Gather Documents: Ensure you have the Vehicle Ownership (Permit), a Used Vehicle Information Package (UVIP) (for private sales), a Bill of Sale and a Safety Standards Certificate (if required).
Pay Taxes: Buyers must pay Retail Sales Tax (RST) at ServiceOntario when registering the vehicle.
Complete Ownership Transfer: Visit a ServiceOntario location with the required documents to transfer ownership and receive a new vehicle permit.
Obtain License Plates & Insurance: If necessary, get new plates and provide proof of insurance before driving.
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