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Would a Spare Car Solve Your Transportation Issues?

Is It Worth Buying a Spare Vehicle?

Do you have a new driver in the family? Will you have a college student coming home for the summer? Would your life be easier if you had something to run errands with to keep the strain off another vehicle? Any of these situations could leave someone needing to go somewhere only to find nothing to drive. So, is it worth having a spare vehicle in your driveway? It could be. Let’s take a look at a few things to consider if you’re thinking about adding to your fleet.

READ MORE: How Do You Know If You’re Driving The Right Car?

How to Pick a Spare Car?

Buying a car, truck, or SUV should never be an impulse purchase. It is important to choose a platform that will meet your needs without breaking the bank. Some of the reasons someone chooses a spare vehicle include:

  • Seasonal needs – Summer/Spring vs. Fall/Winter
  • A more efficient option for commuting
  • Starting a side business

Insurance Requirements

Any vehicle owner knows that the sale price isn’t the only expense that needs to be considered. If you’ll be driving your spare car on the roads or highways in Ontario, it will need to be properly insured. According to the Insurance Bureau of Canada, Ontario drivers need to have a minimum auto insurance policy of $200,000 in third-party liability, direct compensation, accident benefits and uninsured automobile coverage.

Will It Be Used Regularly?

If you’re considering adding a spare car to your home fleet, you need to consider how often it will be used. A vehicle that sits idle for long periods of time is not only a waste of money, but it can also be detrimental to the vehicle itself. If you know you’ll drive your spare vehicle at least once a week for at least 30 minutes at a time; it’s probably worth taking the next steps.

Davey Auto Sales is ready to help you find the perfect vehicle platform to meet your needs. Make an appointment with us so we can help you start the process.

Jun 20th, 2024