How to Buy a New Car: 8 tips to buying a new car in Ontario

by Dec 22, 2021Car buying0 comments

Things you need to know for buying a new car in Ontario.

If you’re in looking to buy a brand new car recently, you probably have some questions. Do you have an idea of what important steps to follow to buy a new car? There could be a number of things to think about and you are overwhelmed.

Buy a new car in Ontario

In this post, we share some tips to buy a new car in Ontario, which will help you to save you time, money, and frustration.

Buying a New Vehicle in Ontario:

  • What is the best car for your lifestyle?
  • This is the first and the most important question that you need to think about before shopping. It’s also practical as the right vehicle can fit all your needs. Think about your daily driving habits, family, and hobbies, and try to figure out which type of vehicle is best for you. For example, in terms of your hobbies, if you like outdoor activities, you will need a rugged vehicle with an all-wheel drive. You will also need to consider the towing capabilities of the vehicle if you plan on hauling a camper, trailer, or boat. If you are a regular commuter for work or business traveling, a comfortable vehicle that gets good gas mileage should be good for your needs.

  • Focus on your budget and the overall cost
  • It’s important to make a car-buying budget for yourself before shopping around for a new car. It’ll help you narrow down the options and find some cars that fit nicely into your price range. We all well know the MSPR – manufacturer’s suggested retail price, which is negotiable. But when you deal with a sales representative, the discussion will focus on monthly payments. Keep in mind that you should stick to the question: what is the total cost of the car? Is there any extra cost, be like hidden fees or taxes. Make sure you do your own calculation of the total price, and it’s should match the budget that you are comfortable with.

  • Get Pre-Approved for a Car Loan
  • We recommend getting pre-approved before you start shopping, that helps to understand your loan eligibility and at what price range you should be shopping under.

    You can do your homework before you walk into a car dealership. It gives you an idea of the interest rates and terms for which you qualify. And shopping around for the best interest rate and the types of car financing options.

  • Pay attention to your interest rate
  • That’s another important step for buying a new car. Knowing how much your loan will cost in interest. The higher the rate, the more interest you will pay. Even a percentage point can make a huge difference. It’s not difficult to figure out the cost of borrowing, but many car buyers don’t have a clue. 

    You can use manufacturer websites, check out the interest rates you can get, and change the term financed and compare the difference between financing and leasing.

  • Compare and review models 
  • It’s easy to look up online for the information you need, and Google is your best friend when you need information on car models and reviews. You can use these online reviews to make your own comparison, and see what other people have had to say about something that you’re thinking about buying.

    This is something that you should definitely do when you’re in the market for a brand new car. You’re going to be able to find out much more about a car through the reviews. If a car seems to have nothing but negative reviews, you’re not going to ignore that and you might want to step away from this particular model. 

  • Think about maintenance 
  • Yes, you are buying a new car, so you should not need to be concerned about maintaining it right away. That’s one of the big perks that come alongside purchasing a new car.

    But at the end of the day, you will need to maintain your new car over time. So you must consider how much maintenance a specific car usually calls before picking it out and driving it home. In a perfect world, you would like to shop for a brand new car that’s required fewer maintenances. It’ll save you money over the long term while ensuring that your car stays out on the road.

  • Do you need an extended warranty?
  • Automakers didn’t use to go out of their way to offer warranties to their customers. But that has changed in recent years. In 2021, most of the major car manufacturers offer some kinds of extended warranties on the vehicles that they sell. You may consider ahead on extending the warranty, as they could be handy if you ever run into any major issues with a brand new car. Other than focusing on models, you can also check out which brands offer the best warranties in the business to their customers. 

  • Get Insurance Quotes
  • Insurance companies consider the make and model of your vehicle when setting their premiums. So your new car could be significantly more or less expensive to insure than your old one. Find the vehicle’s VIN number and request a quote from your current insurance company or other insurers to find out the best deal. You can often bundle your auto insurance with any additional policies that you may have, like homeowners or renters insurance, to get a discount.

    Learn more about the benefits of buying from Carnex. We believe that all clients deserve to know the good and bad of what they’re buying. Because we wanted to know these when we bought cars. That’s why at, we will proudly display every detail every step of the way. Browse all the best cars, automobile buying tips, auto insurance, young drivers, driving techniques, auto industry trends from Carnex Blog.

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    Who is Carnex?

    Carnex is an online EV dealer built for Canadians to buy and sell electric vehicles. Our mission is to provide Canadians with an alternative and transparent way to buy and sell used electric vehicles and to accelerate the transition to a sustainable green future. is Canada’s first e-commerce platform for used Electric Vehicles. Carnex is the leading Online Car Dealership in Ontario, with the company’s headquarters located in Toronto, Ontario.
    Carnex is the fastest and cheapest way to buy a car online. We deliver to your door and collect your old car without extra charges. Buy Now-Pay Later Financing is available.

    Why buy from Carnex?

    Carnex is trusted by over 18 million buyers to find amazing discounts on used EVs and new EVs in their neighbourhood. Carnex specializes in electric vehicles, and we make the effort to make sure your EV purchase from us will be worry-free. Our skilled EV technicians perform a comprehensive diagnostic on all of our electric vehicles at Carnex because your satisfaction is very important to us. will help you find the best EV bargains among the listings across Canada, and we’ll provide you with the vehicle history and comprehensive reviews for each EV.

    Why Choose Us

    We choose to only sale quality and zero-accident used vehicles. We are so confident in our cars that we will shamelessly show you all the perfections and imperfections of the vehicle – from the Chasis pictures to chipped paint spots.

    We also offer a 9-day no question asked return policy and an 100-day in house mechanical warranty to make your purchase risk-free.

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