Buying A Car

There’s no single right answer — dealership or private seller, new or second-hand, cash or finance all depend on your budget and how much risk you’re comfortable with. A dealership typically offers more consumer protection and financing options, while a private sale can mean a lower price if you’re willing to do your own checks. Either way, a pre-purchase inspection is worth the small cost, and it pays to compare finance options before accepting the first offer. Use our Finance Calculator to estimate repayments, or start your Pre-Approval with MFC to know your budget before you start shopping.