F.A.Q

April 08 2020, Regency Toyota

F.A.Q

CAN I PURCHASE A TOYOTA VEHICLE DIRECTLY FROM THE MANUFACTURER OR DISTRIBUTOR?

No. All retail sales transactions of Toyota vehicles are processed directly through Toyota dealerships in Canada, so you must contact a Toyota dealer. Toyota Canada is the distributor of new Toyota vehicles in Canada and is responsible for the warranties of these vehicles.

CAN A DEALER SELL FOR LESS?

A Toyota dealer is free to set its own selling prices for Toyota products and services.

WHAT IS AN APPRAISAL?

An appraisal is an evaluation of a vehicle, which represents a dealer’s assessment of what the dealership would be willing to pay you for your vehicle. This offer to purchase may be contingent on your purchase of another vehicle from the dealership.

WOULDN’T I BE BETTER OFF FINANCIALLY TO SELL MY CURRENT VEHICLE PRIVATELY?

There may be costs involved with selling your vehicle privately. Many customers find that the convenience of trading in their currently owned vehicle, plus the tax savings it provides on the new vehicle purchase, provide a benefit when compared to the time requirements, financial costs (such as advertising, vehicle repairs), and hassle, of selling a vehicle privately.