Certified Pre-owned Vehicles: the Future for the Canadian Automotive Market?
As the market continues to go into despair, your lease is coming due; what should you do? Leasing is now overpriced and financing is just too expensive. The obvious answer is to look for a less expensive alternative. Pre-owned vehicles will see their stocks rise over the next several years as the value has now become overly apparent. The most depreciation a vehicle succumbs to in terms of price, typically comes in the first year of the cars life. So, why has the majority of Canadian strained away from used vehicles and made leasing the popular choice? Simply, Canadians are apprehensive about buying for fear of buying someone else's problems. There has been a stigma attached to the used vehicle, Canadians look at second hand vehicles in a way of inferior quality.
Rather than taking the perceived risk on quality, Canadians leaned to leasing which offered the alternative, which was a new car fully warranted and guaranteed. Leasing a car at a new car price combined with the interest rates represents one of the poorest financial decisions one can make. Essentially, one is renting a vehicle and after 3-4 years has zero equity in it. Not to mention in 3-4 years the vehicle is typically not worth even close to cost associated with the buyback. Now, as leases are spiralling into a downfall Canadians must turn to yet another corner. Today, Canadians must begin to see the light; the used cars of today are not what they have been in the past. Over the past decade, the quality of vehicles have seen significant increases, which have led to used cars and used trucks lasting longer, looking better and driving newer. As used autos have become highly durable as their quality continues to increase. From an expense stand point a used auto is also the way to go. Buying a car that is two or three years old can allow some to save over 50% from its original manufacturer's price. In addition one can purchase extended warranty to truly give people the feeling and comfort of buying a new vehicle. Furthermore, buying a used car will allow many to buy a vehicle that they could never have afforded new. Therefore some, who were thinking of buying an economy car, can now purchase a luxury car that is of a couple years old. The advantages are quite apparent and now with the advent of the Certified Pre-Owned Vehicle, Canadians may finally follow in the footsteps of Americans by making the pre owned vehicle the popular choice among the nation.
Buying a certified preowned vehicle provides all the feeling and comfort of buying new, but at price that is much more affordable with respect to the particular vehicles' sticker price. A certified pre-owned vehicle can only be purchased from a franchised dealer. TO become a certified pre owned vehicle, autos must be with in a certain age, mileage and meet a thorough inspection. If they meet these standards, the vehicle is then fully restored to new condition and sold with a manufacturers extended warranty. In addition most certified pre-owned vehicle programs offer roadside assistance, exchange or money back guarantees as well as vehicle history reports. All in all, a certified preowned vehicle gives you all of the comfort of a new car purchase, but at price Canadians can afford.
One must only buy a car from a dealer licensed by a manufacturer since the requirements to be a true certified pre owned vehicles are stipulated by the manufacturers themselves. Anyone can "certify" or even guarantee a car or truck but a certified pre owned vehicle is thoroughly inspected and then restored to new condition.
Certified pre-owned vehicle programs have already had a dramatic effect in the automotive market. There popularity should only continue to increase as franchised dealers continue to stress the value. The price difference of buying a car or truck that's certified preowned vs. new couldn't be more evident, in turn the minimal price increases of certified pre owned vehicles vs. used can only be perceived as worthwhile in terms of value. This why we believe that Canada will see a dramatic increase in certified preowned vehicle sales, as dealers have worked to remove the apprehension from buying a second hand vehicle.
Vehicle Gateway Corp., owners of http://www.vehiclegateway.com have released an online interface dedicated to providing quality used car, used trucks, used boats, used motorcycles, used snowmobiles, and used ATV's. They believe that with the provision of information, buying a car will be less apprehensive and thus easier as well as more convenient. Empowering the buyer is what vehiclegateway.com is about; this will begin by ensuring all ads contain detailed information about the vehicles' specifications, current condition and past history. This will not only empower the consumer, but in turn sellers of inferior vehicles will be hesitant to post their ads on the interface due to the fact that much of this information would scare off buyers. Furthermore, http://www.vehiclegateway.com specializes in certified pre-owned vehicles. An entire section of its website is dedicated to providing information about certified preowned vehicles as well as providing comprehensive searches for the latter. http://www.vehiclegateway.com is the best source in Canada to not only buy cars, but to find and search for Certified Pre Owned Vehicles. This online vehicle marketplace also takes the form of a free classifieds. Its free classifieds allow private sellers to post their ads for free and in turn allow prospective buyers to search or browse through thousands of online classified ads in a marketplace dedicated to personal vehicles. The is truly the ultimate vehicle marketplace and its dedication to Certified Pre Owned Vehicles makes it the best place to shop for your next used car or used truck. Visit Vehiclegateway.com to find a used car in Ontario today and Canada look out as soon VehicleGateway.com will be expanding into your Province, so the entire nation can search for used cars in Canada and Certified Pre Owned Vehicles throughout Canada.
VehicleGateway.com: Information you need. Vehicles you want.
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www.vehiclegateway.com
VehicleGateway.com: Information you need. Vehicles you want.
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