- February 11, 2025
- 8:36 pm
1. Check the Market Value
Before negotiating, research the car’s fair market value. Use tools like Canadian Black Book, AutoTrader, and Kelley Blue Book to compare similar vehicles in Edmonton. If a price seems too high (or too low), dig deeper to understand why.
2. Review the Car’s History Report
A Carfax report reveals important details about a car’s past, including:
✔ Accidents & damage history
✔ Number of previous owners
✔ Odometer readings
✔ Outstanding liens (unpaid loans on the car)
If a seller won’t provide a Carfax report, that’s a red flag.
3. Inspect for Signs of Wear & Tear
Even a well-maintained car will have some signs of use, but excessive wear could signal hidden issues. Check:
🔍 Exterior – Look for rust, dents, and uneven paint that may indicate past accidents.
🔍 Tires – Uneven wear can mean alignment issues or poor suspension.
🔍 Interior – Torn seats, worn-out buttons, and a musty smell could indicate neglect.
4. Test Drive in Different Conditions
A short drive around the block isn’t enough. When test-driving, pay attention to:
🚗 Braking – Is it smooth or does it feel shaky?
🚗 Steering & Alignment – Does the car pull to one side?
🚗 Acceleration & Transmission – Any hesitation or strange noises?
🚗 Suspension – Does the car handle bumps smoothly?
5. Have a Mechanic Inspect It
A pre-purchase inspection (PPI) by a trusted mechanic costs around $100-$200 but can save you thousands in unexpected repairs. They’ll check for:
🔧 Engine & transmission issues
🔧 Brake & suspension wear
🔧 Fluid leaks
6. Watch Out for Deals That Seem Too Good to Be True
If a car is significantly cheaper than others in the market, be cautious. Possible red flags:
❌ Rebuilt or salvage title (previous major damage)
❌ Odometer rollback (fraudulent mileage reduction)
❌ Hidden mechanical issues
7. Consider Financing & Warranty Options
If you’re financing, compare interest rates from banks and credit unions. Also, ask about extended warranties—some certified pre-owned (CPO) vehicles come with extra coverage.
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