Doing Your Homework Before Purchasing a Used Car Is More Important Than Ever According to CARFAX Canada

Don’t skip these three critical steps when buying used

LONDON, Ontario--(BUSINESS WIRE)-- Low inventory and high prices across dealership lots mean the pressure is on for Canadians looking to snatch up a decent used car at a good price. CARFAX Canada, provider of the country’s #1 vehicle history report, is reminding Canadians not to rush this big financial decision and take the time necessary to make an informed choice.

You wouldn’t accept an ingredient label with missing information. The same goes for knowing a vehicle’s history - you want the full picture. (Graphic: Business Wire)

Especially with more and more steps of the car buying process going online, CARFAX Canada recommends not skipping these three important steps:

1. Take a test drive: Spend at least 30 minutes driving on city streets and highways to ensure the vehicle handles well. Don’t forget to test the accessories and features as well.
   
   
2. Get a pre-purchase inspection: Take the vehicle to a trusted auto technician for a detailed inspection to ensure it’s functioning properly. This is also a good opportunity to look for signs of upcoming maintenance that might be required soon after purchase.
   
   
3. Get a CARFAX Canada Vehicle History Report + Lien Check: The most comprehensive vehicle history report available in Canada which can alert you to important facts about the vehicle’s accident, service and ownership history.

“A trusted dealer will support your ability to take a test drive, get an inspection and should even provide you with a free CARFAX Canada report,” says Shawn Vording, VP of Product & Sales at CARFAX Canada. “The report is critical for knowing what to look and listen for during the test drive and inspection. In addition to providing details on any previous damage to the vehicle, the report also outlines any active recalls, if it’s reported stolen and other important pieces of information to help you make a confident purchase.”

“You wouldn’t accept an ingredient label with missing information,” continues Vording, “and the same goes for knowing a vehicle’s history. You need and deserve the full picture to make an informed decision.”

CARFAX Canada continuously adds to their network of vehicle history information, pulling billions of data points from thousands of sources to help Canadians buy used cars confidently. “I bought a vehicle from a dealership and was told it had never been in an accident,” says CARFAX Canada customer Kirsten of Kelowna, B.C. “CARFAX Canada proved that it had actually been in one. It ended up saving me thousands of dollars.”

Protect yourself and make sure you pay the right price for a used car by getting a CARFAX Canada Vehicle History Report. Available for free at thousands of dealerships across Canada. Just say, “Show me the CARFAX!” Reports are also available for purchase at www.carfax.ca.

About CARFAX Canada
CARFAX Canada, a part of S&P Global (NYSE: SPGI), is Canada’s definitive source of automotive information, delivering vehicle history, appraisal and valuation. Drawing on billions of data records from thousands of sources, its products enable used vehicle buyers and sellers to make informed decisions. CARFAX Canada is dedicated to transparency and is trusted to provide vehicle history and valuation information to dealerships, vehicle manufacturers, consumers, major auctions, governments, insurance providers and police agencies. www.carfax.ca

Connect with CARFAX Canada on Instagram, Facebook and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220913005041/en/

For further information about CARFAX Canada or for an interview with a CARFAX Canada representative, please contact:

Brittney McKee, Director, Brand Marketing at CARFAX Canada

bmckee@carfax.ca

+1.226.680.1712

Source: CARFAX Canada