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Posts Tagged ‘Used Car Dealer Ottawa’

Auto Loan - What is the Best Option For You, and How to Get It

Tue ,06/12/2011

Auto loans in Kanata come in all shapes and sizes. It is important for you to know what is best for you and how to get it. A good dealer will be able to help you get the kind of loan you require, but remember that the dealer is not the financier. There are questions you have to ask.

What is the duration of the auto loan you are looking for? The normal duration is up to 60 months, but longer loan periods are available. Just remember that the longer the loan, the lower the monthly installment you will be paying. But the overall interest will be higher which means the final cost of the car will be more. It is always better to take an auto loan for the shortest period you can afford and save on the interest.

Always check on the final cost of ownership - down payment + installments + interest. Paying a few hundred dollars a month as installments for a new car is fine, but what about finding out that the amount you will be paying in interest against the auto loan? Do not get carried away by the monthly payment, look at the over all picture.

If you have credit rating problems, the interest charged on your auto loan will be higher than otherwise. Again, try and save by paying off the loan as quickly as you can.

Making as large a down payment as possible will reduce your monthly auto loan in Ottawa installment which will help you go in for a shorter loan term.

Trade in your old car to cover the as much of the down payment as possible. If the value of your old car is greater than the down payment amount, do not be tempted to pocket the extra cash. It is always better, in this case, to increase the amount of the down payment and reduce the duration of the auto loan or the monthly installments.

Deciding on the auto loan in Smith Falls duration is not only about the money you save on interest. It also depends on how long you plan to keep the car. The rates of depreciation for different models vary. If you are planning to replace your car in 3 years and the model you have has a high depreciation rate, you will not get much of a resale price for it. However, if you are planning on keeping your car for a long time, the rate of depreciation is not so important. This is an important issue that many people overlook.

You may be asked to provide credit insurance, which the dealer will be able to arrange for you. But before taking this route, check if any of you existing insurance covers this. If so, compare the rates before deciding how to proceed.

Always get in writing the amount you will have to pay each month. Some auto loan plans have very low initial installments which are compensated by larger payments in later months. You must be sure of your auto loan liability for each month of the loan period.

If you are looking for a car loan in Ottawa and surrounding areas, Import Motors can get you approved regardless of past credit issues, Apply today!!

How to Buy a Good Used Car and Not a Lemon

Thu ,10/11/2011

Buying a car for half the price or a fraction of the price is a deal that is too hard to pass up, especially in these trying financial times in which we live today. But it can prove disastrous if your previously owned vehicle suddenly stops working on you or will be too expensive to repair. Sometimes even costing you more than you paid for the car in the first place.

I have bought several used cars in Ottawa myself and I know just how frustrating it can be to end up with a lemon and spend all your money on repairs, but this doesn’t have to be the case. As a matter of fact there are a lot of reliable, dependable used cars. The trick is finding one. Well here are a few tips on selecting a good car.

When selecting a previously owned vehicle, think about the size of your family and the activities the car will be used for, like driving to work, taking your children to school and so forth. Do not limit yourself to a specific make and model, instead look for a car that has been maintained well and is in good shape. Try to find a car that is easy to service. Just a side note: if a car is over ten years old, parts for it may be difficult to obtain.

If you are on a limited budget, try to avoid luxury or imported speciality cars because the parts and service will no doubt be more expensive. Even though they may be reliable, they can also be very expensive to own. Not always, but generally it is good to avoid cars that have extremely high mileage. In most cases, it is less expensive to buy a car in good shape than it is to buy a car in bad shape and fix it up.

Check the car thoroughly before you buy it. Try not to go looking for a car in the night or when it raining. Walk around the car. Inspect the interior and exterior. Have they been maintained? Did the previous owner take pride in their vehicle? If it has been neglected you might want to continue looking.

Test-drive the car. Accelerate the car up to highway speed on a test-drive. Make sure that you stop and go on hilly roads as well as level streets.

Engine: Does the engine start well? Is the exhaust free of lots of smoke? Does the engine run well? Does it idle smoothly? Is the engine free of noises? Does the engine have power for good acceleration? If no. The engine may need tune-up work or more serious repairs, which may indicate a worn engine. Be cautious if the seller says that it just needs a tune-up because this should have been a part of the regular maintenance of the used car in Ottawa.

Transmission: Does the automatic transmission slip or not engage when put into gear? Does it fail to shift smoothly? Any grinding noises in the gears? If yes. The transmission may need repair.

Brakes and suspension: Does the car pull to one side when you drive or brake? Does the car vibrate at certain speeds or when you brake? Are there noises when you brake or turn or drive over bumps? If yes. The car may need brake or suspension work.

Look underneath the car and wear clothes that will allow you to do so.

Check the body for rust. Avoid cars that have it. When the body is rusting, it is generally too expensive to repair them completely. Fender rust can be cosmetic but usually is a sign that structural areas also have rust. Look underneath the car for rust.

If you are looking for a quality used cars in Ottawa, Import Motors is a premier used car dealer in Ottawa, boasting a huge inventory of used cars, trucks and SUV’s. Visit us today!

3 Things to Do Before Buying a Used Car

Wed ,03/08/2011

If you are in the used car buying market, chances are good that you have been very careful about looking around at what used cars in Ottawa are currently on the market. You may have even drawn up a budget in order to determine what kind of used car you can really afford to buy. No matter what kind of used car you’re in the market for, we  are here to help you get the best rates and used car packages for your needs.

Here are 3 things we think you need to do before you buy a used car in Kanata :

Make a list

Make a list – and check it twice – of all of the things that you need and want from your used car in Rockland. This list should include the things that you can’t compromise on, such as space, reliability, and features that you definitely need. The list can also include those things that are wants, such as leather, a sunroof, GPS system, and more. By having this list in hand, you’ll be able to make a better assessment when looking over available used cars in order to determine what cars suit the items on your list.

Develop a budget

Having a used car buying budget is important. When you have a budget, you know that the used cars you look at will need to fall within that budget. Then, when you go to buy a used car, you can be certain that the used car you end up buying actually suits you budget.

Making a practical budget can be challenging for everyone – especially when it’s tough to predict what will happen in the future with your job and the economy. Our financial experts are standing by to help you develop your budget and come up with a financial plan that will make it possible for you to easily afford to buy your car, so fill out our online credit application.

Inspect the car

When buying a used car , it is essential that you inspect the used car. During your inspection, it is important that you not only take a look at the exterior and overall look of the car, but you’ll also want to look at the engine and structure of the car. We also offer a warranty to cover issues that happen down the road!

Contact Import Motors, your used car dealer in Ottawa today to learn more about our used cars or to get started with your search today!

How to Buy a Car That Lasts

Wed ,13/07/2011

No one wants to buy a used car in Brockville that dies on them just a few short months or years after their purchase. Buying a car that will last is extremely important to many people – and can save people a tremendous amount of money, time, and stress. While no one can predict what the actual life of a car will be, it is possible to extend the life of a car as much as possible by taking care of the car and buying the right car in the first place.

Here are a few ways that our dealership can help you buy aused car in Brockville that will last:

Inspection

The first thing that we can offer you is an inspection. Every used car in Rockland that we sell has been through our comprehensive inspection. As a result of this inspection, we can ensure you that we believe the car is in excellent condition and expect it to last for years to come.

 During our inspection, we not only take a look at the engine and all of its parts, but we also take an exhaustive look at the body of the car. We look for structural issues that could cause the car to age before its time as well as body issues, such as rust. By the time we put the car on the lot, any issues have been resolved and the car is in tip-top shape so that you can feel confident that it will last for years to come.

Warranty

While we work hard to make sure that our customers have access to services that can help them to maintain their cars. Remember: well maintained cars that have been serviced appropriately are more likely to last longer than cars that have not been serviced according to the recommended service schedule. Our warranty helps to ensure that our customers can service their cars – and save money. Many service-related issues are covered by our comprehensive warranty program. Contact us for more details.

Selection

Not all cars are the same. While we ensure that each used car in Rockland we sell is expected to last and is in excellent condition, one truth remains: some cars have longer life expectancies than others. Some cars are also less expensive to repair or maintain than others. Our dealership has a broad selection of cars that you can look through until you find the right car for your long term needs. Our dealers are also standing by to provide advice and insight that can help you find the right car for you.

Contact Import Motors today for more information about our used car selection or about how you can find the right car for your needs fast!

What to Expect When Applying for a Bad Credit Used Car Loan

Tue ,07/06/2011

If you are applying for a bad credit used car loan for the first time – or are even applying for a car loan in Ottawa for the first time, there are some things that you can expect from the process. Knowing what to expect when you go into the process can go a long way to getting the right kind of loan for your needs – and will ensure that you are not surprised by the results of the car loan search.

Here are some important things that you should expect when applying for a bad credit used car loan:

You’ll need to complete a credit application

It is expected that you will need to complete a credit application whenever you apply for a loan of any type. However, if you know that you already have bad credit, completely that credit application can be scary and leave you feeling a little run down. We urge you not to worry; many of our customers have bad credit or no credit and are still able to get excellent loans through our competitive loan program. Therefore, go ahead and start that application – we’ll handle the rest.

You may have a high interest rate

Having a high interest rate is quite normal when you take out a bad credit car loan in Ottawa. If you worry about having a high interest rate because of your bad credit, keep in mind that many people actually have bad credit. Therefore, what you may think is a high rate might actually be quite average. Don’t be worried about the high interest rate for the loan; we will develop a program that will make it possible for you to repay that rate without causing you financial hardship or affecting your lifestyle negatively.

You’ll have options

Regardless of whether you have great credit or bad credit, it’s important to remember that you will still have options when it comes to your car loan and your used car in Ottawa. Many of our customers come to us feeling worried that they will not have the options that they want because of their bad credit. However, keep in mind that you are in control of the buying process and situation. We’ll help you select the right option for you.

Contact Import Motors today to learn more about our bad credit car loans and about how you can get started with your application today!

Here’s How To Improve Your Credit Score

Mon ,18/04/2011

Your credit score influences many areas of your life. A prospective employer will check your credit when considering you for employment. Your insurance agent might check your credit when deciding to insure your car or home. Your lender, whether for a home loan or other consumer debt, will check your credit score when making a determination.

Your credit report shows the history of your borrowing activities they have been reported to the credit reporting bureaus — TransUnion, Experian, and Equifax — by lenders, court records and others at a point in time. The credit score helps credit grantors quickly evaluate this information because it gives a snapshot of your payment history.

Thousands of credit grantors send updates to the bureaus usually once a month. These updates include balances, monthly payment amounts and whether there have been late payments.

This credit score will change as the information reported to the bureaus changes. For example, if your credit report is obtained at a time when your credit card balances are low and your credit is excellent, your credit scores can be high. Meanwhile, you take a vacation and use your credit cards to pay for it. These balances will be reported the following month. If the lender pulls the credit report the next month and it shows much higher balances on your credit cards, your credit score likely will be lower than the previous month. This can be frustrating because your payment history habits probably will not have changed, and you might pay off your credit card balances every month regardless of how high they are.

Is you are looking for a car loan in Ottawa, Import Motors can get you approved for your car loan, with a huge selection of all makes and models of used cars and used trucks in Ottawa. Apply on-line, it is fast easy and secure.

How to Find the Right Used Car for Your Needs

Thu ,10/03/2011

Whenever it comes time to buy a new used car in Ottawa or to make any significant purchase, it’s important to make sure that you are making the best decision for your long term and short term needs. We are dedicated to helping our customers find the right used cars and arrange for the best financing options to suit their needs and lifestyles. If you’re ready to buy a used car, here are a few things that we think you should think about before you decide to buy:

Determine what you want

Whenever you buy a new or used car in Rockland, it’s important to think about what you want from that car. One of the best ways to determine what you want is to take a look at what options and features are available for the type of used car that you think you want to buy. With the technological advances that have come about in recent years, you may be surprised by just how many features and options come standard or are amazingly affordable on used cars these days. Come on down to test drive used cars or to walk through our lot with a helpful dealer today.

Determine needs

Even if you know exactly what you want from your used car, you might need to narrow that list down to those things that you actually need. Many people approach the used car buying process knowing that they need a reliable and safe used car that will last for years to come. However, there might be other needs that are unique to your lifestyle or situation. For example, if you have children, you may need a used car that is large enough to accommodate them all. You may want a used car with high clearance if you plan to go off-roading in it. Or if you plan to haul large items, such as a boat or an RV, you may need a used car with plenty of towing capacity.

Evaluate budget

It’s important that you evaluate your budget from a practical perspective. For example, after you have paid for your basic necessities each month, you may determine that you have an extra $1,000 to spend on a car payment. However, be sure that you are also setting aside enough money each month to be flexible. After all, the car payment will seem like an unwanted burden if it means that you can’t go shopping, go out to eat, take small vacations, or set aside money to save. Therefore, be practical with your budget.

Contact Import Motors today for more information about how to buy the right used car in Brockville for your needs – and make that used car one that you’ll love for years to come!

3 Ways Buying Used Cars from Us Can Save You Money

Tue ,08/02/2011

When you buy a used car in Ottawa, chances are good that you are looking for the best rate on the used car. What’s more: you may also be looking for ways to save even more money once you actually own the used car. Here are a few ways to save money when you buy a used car that you may enjoy:

Lower taxes and insurance

When you buy a used car in Kanata, you will have lower taxes and insurance than you would have if you were to buy a new car. Therefore, when you buy a used car, your insurance and taxes will cost less for the life of the car. Depending on where you live and your driving record, this can save you a significant amount of money over the life of the car for years to come.

Special rates

When you work with our dealership to buy your used car, you can not only get amazing rates on your used car purchase, but we also are always on the lookout for programs that may help our customers to save even more money. These special programs may help to lower your annual interest rate on a car loan or they may help to offer cash back on your used car when you buy it from us. Remember: you can also save money when you buy a used car from us if you trade in a vehicle that you currently own.

Lower repair costs

Often, customers that need to make repairs on older model cars can get better repair and service rates. This is because you can often find the materials you’re looking for at better rates from a used car. For example, if you need to repair the hood of your used car because you have scratched it, you can often find a used car hood that matches your car’s color. The cost of a used hood is generally cheaper than the cost of a new hood.

We are always looking for new ways to help our customers get the best possible financial arrangements that will make it easy for them to buy the right used cars in Ottawa for their needs. If you are looking for ways to save money by buying a used car, take time to look over the used cars in our inventory and get in touch with Import Motors at www.autoloanottawa.com  to find out more about our used car financing programs. We look forward to working with you!

Buying Used From The Dealer, It’s a Good Idea

Sat ,09/01/2010

When it comes time for you to buy a used car in Ottawa, you’ll have plenty of options in front of you. Many people choose to buy their used cars through private dealers, such as one that they might find through a Classified ad or Internet auction site. Other people choose to buy their used cars from a dealer. Of course, we always recommend that you buy your used cars from a dealer, but it’s not just because that’s our business; it’s because we have an interest in your best interests.

Many people turn to private sellers because private sellers may be in a better position to negotiate for a lower sell price. However, a private dealer does not offer the wealth of security, safety, and long-term care that a dealer can offer. Also, in our experience, we have found that our rates per car are consistently competitive with private sales, but private sales don’t offer the ad-ons that we can. Here are some reasons why we recommend that people buy their used cars from a dealer rather than a private seller.

Inspection

We always put our cars through a multi-point inspection in order to ensure that the vehicles are road-worthy and safe. This multi-point inspection includes a bumper-to-bumper review by one of our trained technicians that will be looking for issues with the body of the car, frame of the car, powertrain, engine, and more. Through this careful inspection, we help to ensure that all of our customers are safe when they drive away in our cars.

Financing

We offer financing for all buyers, regardless of their credit score or credit history. This financing is competitive with national rates and can help buyers get the car of their dreams affordably. Each of our dealers is trained to review your credit history and budget in order to match you with a car that you can practically afford.

Warranty

Most dealers, like Import Motors, can offer warranties for used cars. These warranties sometimes come from the vehicle manufacturer as long as the vehicle has been through a careful used car certification process. Other warranties are offered directly through the dealer. Check with us to find out more about our extended warranty program options as well.

For more information about how we can offer you safety and reliability with your used car purchase, contact us today, www.bestusedcarsottawa.com  . We’re always happy to help you find the perfect used car in Ottawa for you and your budget.

How Import Motors Can Help You Save Money When Buying Your Used Car

Thu ,06/08/2009

No matter who you are or what your income level is, saving money is important to everyone. For that reason, we are dedicated to helping each of our customers save money off of the purchase of their cars and over the long term period that they own their cars. If you are the used car buying market, you already know that buying a used car in Ottawa can save you a significant amount of money. However, there are some additional advantages of buying used cars that we want to make sure you are aware of before you make your final used car buying decision. Here’s an overview of some of those advantages:

Lower cost of ownership

When you buy a used car in Kingston, you will significantly reduce the cost of ownership in many cases. The cost of ownership not only entails any loan repayments, but it may also include the cost of maintaining the car, paying for insurance, and paying taxes. Used cars come with lower tax rates, which will save you money each year on taxes. Additionally, insurance rates are smaller with used cars. Furthermore, in many cases, the cost to repair used cars is less expensive as well, reducing the overall cost of ownership in many important ways!

Low interest rate

Import Motors, Used Cars Ottawa works hard to provide a broad range of financing opportunities to each of our customers- no matter what types of vehicles they are buying. Our  customers can save a significant amount of money by taking out a loan from our finance department for the purchase of their used cars. Our loan rates are competitive and are often far lower that other loan sources. Furthermore, we offer loans for all of our customers – including those customers with bad credit.

Trade-in

Many of our customers have cars that they no longer plan to use once they buy their used cars. Our trade-in program helps to ensure that our customers can get significant savings off of the cost of their used cars when they buy them through us.  Of course, we will inspect your trade-in to give you an exact value amount.

Contact us today at www.bestusedcarsottawa.com  to learn more about the programs we have in place to help you save money off of the cost of your used cars. We look forward to working with you!