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Jan 4, 2023

Car Buying Tips For Canadians: Do Your Research First

by Richard Morrison
For those interested in buying a new car, winter is a good time to buy. That’s the good news. The bad news is that microchip shortages have reduced the supply of new vehicles and rising interest rates have made auto loans more expensive, whether you’re buying new or used.New motor vehicle sales are, not surprisingly, highest in the spring and lowest in the winter, with 2022 being a particularly miserable year for sales, figures from Statistics Canada show. Even if interest rates...
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