What is the best month to buy a used car in Canada?
Fall is one of the best times to buy a used car because dealerships are preparing for the next year’s models. September and October often bring clearance deals on both new and used vehicles, as well as manufacturer incentives that may apply to used cars sold at franchise dealerships. Buying a used car during quieter periods can help you get a better price on your next car. March, June, September and December are typically slower months. When it’s quiet, dealers will be more motivated to make sales to meet their targets.January is the best overall month to find a used car deal, with 55. July 4th ranks as the worst holiday to buy a used car, offering 22.
What year is best to buy a 2nd hand car?
To maximize savings on a used car, it is advisable to seek a vehicle that has already weathered its most significant depreciation hit, which generally translates to a car that is at least 2 years old, preferably falling within the 3 to 4-year-old range. The optimal time to purchase a used car is typically between 2 to 5 years old. Within this age range, the vehicle has already experienced the most significant depreciation, yet remains relatively new and in good condition.What is the best age for a used car to buy? If you want the best balance of cost and dependability, a used car that’s 2-5 years old is usually your best bet. Here’s why: A car loses most of its value in the first 2-3 years, so buying nearly new avoids the steepest depreciation.When shopping, is there a best age for purchasing a used car? Cars are usually reliable for up to five years if they’ve been looked after. But a well-maintained 10-year-old car could be a better investment than a newer model that hasn’t been cared for as well.
What’s the oldest used car you should consider?
Vehicles 2-3 years old have newer safety features, fewer age-related repairs, and remaining factory warranty, but also have higher prices. Used cars 5-7 years old typically have lower prices while still having modern features that impact your daily driving experience. They might need repairs every couple of years. The best rule of thumb to keep in mind with a used car’s mileage is to add 15 000km to every year of the car. For example, if a car is one year old, a mileage of between 10 000 and 15 000km is considered good. Most people tend to draw the line at 100 000km on the clock, when in fact, that’s not a bad mileage at all.A car’s age matters as much as its mileage. Even a car with low mileage can have issues if it’s old. Over time, parts like rubber seals, belts, and electronics degrade, even if the car isn’t driven much. An older car may also lack modern safety features found in newer cars, which can affect its long-term usability.Ultimately, car age and mileage both matter when buying a used car. They both affect the vehicle’s depreciation rate and they are both interlinked – mileage is taken as being high or low based on a car’s age and the older the car, the more miles it’s likely to have driven.A general rule of thumb for car mileage is that the average vehicle accrues about 10,000 to 12,000 miles per year. To determine if a used car has good mileage, divide the odometer reading by the car’s age. For example, if you’re looking at a 5-year-old car, a good mileage range would be between 50,000 and 60,000 miles.
What is the most reliable car brand in Canada?
Toyota and Honda consistently rank among the most reliable car brands in Canada. Subaru and Mazda are also strong choices for long term dependability, especially for drivers who want a mix of durability and low maintenance costs. Of 26 brands, Lexus and Toyota top the list with a commanding advantage over third-ranked Mazda. All three brands have consistently earned average or better reliability ratings over the years. Honda and Acura round up the top five.Toyota, in particular, is celebrated for producing vehicles that are built to last. Models such as the Toyota Corolla and Toyota Camry are famous for their dependability and are often driven for hundreds of thousands of miles without major issues.The most dependable models—such as those from Hyundai, Kia, Lexus, and Toyota—have received high reliability ratings in various categories. Notably, the Toyota Corolla Hybrid, Toyota RAV4 Hybrid, Hyundai Elantra Hybrid, and Lexus NX Hybrid rank among the most reliable vehicles in the 2025 Consumer Reports survey.This year’s analysis drew from data on roughly 380,000 vehicles. The top-performing brands were Toyota, Subaru, and Lexus, followed by Honda and BMW.