Timbits93
Well-Known Member
- Joined
- Jul 7, 2008
- Messages
- 578
- Location
- Vancouver, BC Canada
- Car(s)
- 2013 BMW 328i xDrive Sport line
You have to be careful about vehicles in accidents. A proper inspection of the car is definitely necessary to ensure it wasn't a insurance write-off or a salvage car, sadly Canadian used car dealers will outright lie and attempt to provide old carproofs or carfaxes to say their cars are fine. This is what frightens me from used dealers, consistently CTV W-Five and the APA do a yearly report and as usual Toronto and Vancouver used car dealers frequently fail on full disclosure. A competent mechanic can easily see whether the car was poorly repaired, the government safety certification checks aren't thorough enough to prevent you from getting a potentially unsafe car.
I'm not shopping at those used car lots on Kingsway (the land of scum used dealers lol) but this particular one is at a new/used dealership rather than those used car lots. I got sent the carproof on it, 2 rear collisions ($3K for one of them, other one was just a third of that). Other than that, it has low mileage and when i took a look at it a week ago (didn't ask about it till today), it looked fairly new.
So based on this newfound information, i'm just trying to think about it since they'll probably still have a hard time getting rid of it anyways (though at the price its at now, its $2-5K below a similar one), it seems like it could be fairly minor but in this case, seems like i'd just knock off a chunk from its current asking price (though seems unlikely as then they'd probably be in the red due to the trade-in value of the vehicle). But i'm in no rush, cars come and go
Thinking about it, seems that back in 06 when my parents traded in their Previa (which they actually didn't know it had been involved in at least 8 collisions prior to our ownership) and only for $4K for it, they listed it for $7K (almost a whopping 75% mark-up!). I know that they made money on the Sienna we purchased (probably 20% mark-up) since they pretty much lost nothing and actually gained from the trade. Guess thats just how they make their money, trade-ins and trying to make a quick buck selling used cars.
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