Adult Financial Literacy Guide | Page 30

Owning a Vehicle Vehicle Buying Checklist Plan  I know my needs and budget.  I researched vehicle features and prices. Dealers must advertise and display the total amount I will have to pay before taxes.  I am choosing to deal with a licensed dealer and salesperson for maximum protection. You can check who is licensed on the Vehicle Sales Authority (VSA) website. Test  I understand all deposit terms and know what conditions may make it non-refundable.  I drove the vehicle and checked all the controls, paint and upholstery.  I asked for and I am satisfied with a recent mechanical inspection report.  I asked for a recent vehicle history report (ICBC or CarProof) and now I know about any prior damage. Check vehicle buying tips on the VSA website. Photo via Visualhunt Buy  I understand all terms and conditions of the purchase agreement.  I know what all the amounts on the agreement that are for dealer fees, such as documentation or administration.  I know fees are negotiable; taxes are mandatory.  I checked that the agreement is complete and includes all the options I agreed to.  I understand the terms of my warranty and I know who provides the coverage. This checklist can be found on the Vehicle Sales Authority of British Columbia Website at the following link: http://mvsabc.com/v1/wp-content/uploads/2015/04/FINAL-VSA_Rack.pdf 30