CarCostCanada looks like a handy service if you are thinking of buying a new car. It is an “invoice price service,” which helps you find the best prices on new cars. Here is the actual line from their FAQ:
CarCostCanada.com is a new vehicle pricing information service that will help you buy a new car at a lower price.
Membership to CarCostCanada is $39.95+ GST or HST. That is a one off fee, and it appears to be lifetime membership.
For that fee, you get 5 price reports on models in unlimited option combinations (e.g. you’re only charged for 1 report on many styles of the same car model). Here is what they give you in each report:
Each report includes the MSRP, the wholesale price and manufacturer incentive information. Depending on your location the report may also include a referral to one of our trusted dealers.
Now, I haven’t used this service yet myself, I’m just blogging about it so you guys can find out more, and perhaps use Carcostcanada if you are interested. I had a bit of a search on Google to see what people were saying about it, and here are a few interesting comments:
CCC is a great option if you are buying a high ticket car.. BMW, Mercedes etc. Jeff-TheBiz
I don’t recommend car Canada, personally I thinks it’s a waste of $30+ bucks. Basically car Canada will contact most dealers in Ontario and find which dealer is willing to give you the best price “Big Deal, I can do that”. Your better off sitting with a salesman and negotiate the markup price of eight percent. jimgoose
To my knowledge, Carcostcanada also provides you with pricing info, but doesn’t direct you to any dealers and it’s up to you to haggle for the desired price after finding out the invoice cost. gheart008
Myself and my husband were in the market for a new car (our 2001 compact car had 180K and was on it’s way out) and while we did some research on-line, the most helpful information was from Car Cost Canada, which we discovered through reading this blog. And based on the information, we saved about $1200 on our car purchase – on a car that our salesperson said “never gets discounted.” Lisa
There are tons of sites in the U.S. that help car buyers get good deals, but this is the only decent one i found in Canada that actually gave me the info I needed to feel confident when buying my new car. Nat
So a mixed bag there. Some people saved a lot, but some people think you could have done the legwork yourself, and saved yourself the $40+. What do you think of the service, and have you used it? Let me know in the comments below.
Thanks for the pics Michelle Brea.