Do you really need a vehicle?
Can you afford one?

< Previous | Next >

Reality Choices
Making decisions
in a changing marketplace

  

 
 
  • Do I really need a vehicle at this stage of my life?
  • Is it better for me to buy or lease?
  • What should I check when I’m buying a vehicle?
  • I’ve changed my mind on my newly purchased vehicle — can I return it?
  • Can I end a lease before the term is up?
  • How should I go about choosing a mechanic?
  • How much insurance do I need and how can I minimize my premium?
  
Alberta Motor Vehicle Industry Council (AMVIC)
In Alberta, AMVIC is responsible for licensing automotive dealers, salespeople and repair shops. AMVIC also investigates complaints against these businesses under the Fair Trading Act.

     

It’s important to determine that you really need a vehicle — especially if money is tight. Do you need a vehicle right now? If you live in an urban area, for example, could using public transit, taking a taxi or occasionally renting a car be a cheaper and more sensible alternative?

Keep in mind that there are far more expenses involved in owning a vehicle than the initial cost of the car. Insurance, registration fees, loan interest, vehicle maintenance, parking and gas will add up significantly, often far outweighing what taxis and public transit would ever cost.
 		  

To find out how buying and owning a vehicle will fit your budget; work through Reality Choices – You and Your Money.  
     

< Previous | Next >