VICTORIA PREMIUM AUTOMOBILES2

Victoria Premium Automobiles Ltd.
1859 Blanshard Street
Victoria, BC V8T 4H9
Phone: 250-380-0581 | Fax: 250-380-0823
Tuesday to Saturday 10:00 am to 7:00 pm
Sunday and Monday By Appointment Only

Victoria Automobile Blog
Super User

Super User

Friday, 28 September 2018 10:18

Every Premium Vehicle On Sale

----------- Every Premium Vehicle On Sale -----------

Friday, 28 September 2018 10:03

Annual Inventory Reduction Sale

----------- Annual Inventory Reduction Sale -----------

Knowing the history of a used car before you decide to buy one can save you a lot of money down the road.

Rather than relying on guesswork and a cursory mechanical inspection, you can now determine if a used car has been involved in accidents or had major repairs that may not only hurt your investment, but also ferret out any potential safety issues.

In British Columbia, there are primarily two vehicle claims history report services: ICBC vehicle claims history and CARPROOF. ICBC reports provide claims information from B.C., while CARPROOF reports on claims information from across North America.

You can order an ICBC report online, through ICBC’s website. The report costs $20. A CARPROOF report can also be ordered over the Internet: a standard “Claims Report” costs $39.95; a “Verified Report”, which includes a lien check, costs $51.95; a “Proof Pack” allows you to check the history of three different vehicles and includes one lien check.

For a listing of information provided, see the attached ICBC chart.

Victoria Premium Automobiles runs a CARPROOF report on every vehicle we buy and then sell.

If you are considering a vehicle on the VPA lot, be sure to request and review the CARPROOF report to learn, among other things:

  • Lien details.
  • Accident data - Learn whether the vehicle has been in an accident, what type of incident occurred and the amount of damage.
  • Registration and branding - Discover which provinces the vehicle was registered in and whether the car has been negatively branded.
  • Full Canadian and U.S. history - See a complete picture of any vehicle history from across Canada, as well as the U.S.
  • Salvage title - If the car has been in a serious accident, fire or flood and was “totaled” by the insurance company (declared a total loss), it still might be drivable. However, the insurance company will issue a “salvage title” to alert future buyers.
  • Accidents - Accidents are reported to the insurance company and will probably be on the vehicle history report.
  • Odometer - Some car lots spin the odometer back to increase the vehicle’s selling price. History reports can alert you to this scam.
  • Maintenance records - Sometimes service visits are listed on the vehicle history report, showing the routine maintenance or repairs performed by a mechanic. This is most likely if the car was serviced at a car dealership rather than an independent garage.
  • Recall information - This is useful information, but it can be checked for free on other sites.

 

Take the guesswork out of buying a used vehicle. Rely on Victoria Premium Auto and CARPROOF reports to find the best quality, best maintained used vehicles at the right price.

icbccarproof

Thursday, 15 February 2018 11:04

Should you buy a new car or a used car?

So, it is time to buy a new car, or, at least, a car which is new to you.

 

The question becomes: new or used?

Here is a short list on the benefits of purchasing a used car, as well as some of the risks - and strategies on mitigating the latter.

Benefit from the depreciation absorbed by the original owner

Once a new car drives off the dealer’s lot, its value depreciates immediately.

Depending on the make and model, in the first two years of ownership, a new car can lose between 20% - 40% of its original value. This is reflected in the sale price of newer, lightly-used vehicles in the resale market. The owners are eating this loss and passing along a near-new vehicle, usually still under warranty.

Benefit from lower prices

As illustrated above, if you want to minimize your exposure to depreciation: buy a used car.

While manufacturers will incrementally add new bells, whistles and badges to new models, there really isn’t much difference between a brand-new car and a two-, three-, or even four-year-old car.

Is the latest Bluetooth connectivity, fender flare or generation of clear coat worth an additional $6,000?

Another strategy to consider when price is a primary concern is to seek out newer used cars with higher mileage. Ask for service records and how the miles were accumulated: high wear-and-tear city driving or lower stress highway driving?

A properly serviced and cared for highway driven vehicle hits the sweet spot.

Benefit from a huge selection of vehicles

With generally lower prices, your selection of potential vehicle makes, and models expands. So, a new Honda budget can become a used Acura, Lexus and Infinity budget.

Getting the used car benefits while mitigating the risks

There are risks to buying a used car. These include incomplete disclosure of previous damage or mechanical problems, lemons and not readily-apparent wear and tear.

When you buy a used car, there are two possible sellers: a private owner or a dealership. In some instances, you can get similar protections and benefits buying a used car through a dealership as you would receive buying a new car.

These include manufacturer certified pre-owned program protection. In most instances, a certified vehicle is closely scrutinized both cosmetically and mechanically and the covered by a limited warranty beyond the original factory warranty. But even if the used car is not covered under a certified pre-owned program, buying from a dealership will offer additional consumer protection. In British Columbia, under the Vehicle Sales Authority of B.C., protections include:

  • Licensed dealers must sell vehicles in a clear and transparent manner
  • Dealers must stand behind the representations they make about a vehicle
  • Dealers must not withhold or provide information that would cause you to make an error in judgment about whether to buy the vehicle
  • Dealers must meet strict standards, including certain declarations and disclosures
  • Dealers contribute to a customer compensation fund for eligible claims

 

There is also the obvious benefit of having a bricks-and-mortar dealership you can return to for additional assistance after the purchase.

Victoria Premium Automobiles Ltd., for example, uses independent mechanics to assess, report and, if necessary, repair vehicles before they are placed in sales inventory. The work performed is included in the vehicle sales collateral. Victoria Premium Automobiles offers a limited dealer warranty.

Victoria Premium Automobiles also provides CarProof reports on all vehicles it carries. CarProof is a Canadian provider of vehicle history reports – a critical tool when you’re buying or selling a used vehicle. A CarProof report establishes trust and transparency between a used car buyer and a used car seller by removing the guesswork about a vehicle’s past – replacing it with impartial, accurate and real-time data.

Victoria Premium Automobiles also provides extra services private sellers may not offer, including complete vehicle cleaning and detailing which can extend to an ozone treatment which involves the emission of pure ozone (O3) into the used vehicle passenger compartment, eliminating odorous such as smoke, pet and body odors.

Of course, a used car dealership like Victoria Premium Automobiles also accept trade-ins to lower purchase prices and lease and financing can be arranged through the dealership.

Purchasing a used-car offers many great advantages. But you should do it right to minimize risk and maximize savings and satisfaction.

Friday, 09 February 2018 12:36

Used Tesla Marketplace is Unique

Elon Musk has launched a 2008 Tesla Roadster into space and into an elliptical orbit between Earth and Mars, but for the rest of us, the question is how much for a terrestrial 2008 Tesla Roadster?

Teslas and other electric vehicles (EVs) have been around for years now, claiming a small-but-growing market share. While buyers have been willing to pay a premium for EVs in the new-vehicle marketplace, how have Teslas and other EVs performed in the used-vehicle space?

According to Tesla’s own numbers, sales of their used vehicles have been growing and the manufacturer, through careful management of used inventory, have been able maintain prices.

Teslarati, a website that deals in Tesla news, rumors and reviews, reports that the company’s sales of used inventory increased by $117 million in 2016 and saw a further increase of an estimated $170 million in 2017.

According to Teslarati, the company attributes the used sales bump to an increase in pre-owned vehicle sales as an organic result of increased automotive sales as well as from expansion of Tesla’s own trade-in program.

From New to Used: Controlling the Market

Tesla has always worked hard to control every aspect of the Tesla new-vehicle ownership process. The company is trying to do the same in the used space.

In 2013, Tesla rolled out a 63-month car loan in which Tesla promised to buy the car back after 36 months if the buyer desired, for the same residual value percentage as the Mercedes S Class. The goal was to remove an objection for potential buyers who were concerned about the resale value of the electric vehicle.

Analysts such as Kevin Tynan of Bloomberg saw the financing/leasing play as a way to control the secondary used car market and to create another profit center for the manufacturer.

Observers say it is working: Teslas are holding their value better than other EV brands, with many models selling for well-over half their original, new sales price. In comparison, other EVs, such as the Nissan leaf, typically sell for a third of their new price.

And the resale price for the 2008 Tesla Roadster currently in orbit? Difficult to say if there will be anything salvageable as scientists say the cherry red Tesla Roadster and its 'driver' Starman will most likely be torn to bits by radiation and cosmic debris within a year as the vehicle drifts through space.

Wednesday, 04 October 2017 10:56

Location Closing Sale

Wednesday, 06 September 2017 09:30

Do you have lease vehicle equity?

For many people, leasing a vehicle is out of the question: at the end, they own nothing.

However, in some circumstances, a leased vehicle can generate equity which can be claimed at or near the end of the lease.

What is lease equity?

Lease equity is created when the vehicle is worth more at the end of the lease than the buyout price established when the lease began.

lease vehicle equityThere are numerous scenarios and factors that can contribute to positive equity in a leased vehicle, including: strong market demand and high prices on the used car market for a specific, year, make and model; low mileage; and low lease buyout rate. All should be considered when calculating the book value for a vehicle nearing end of lease.

While there are many online resources to determine market demand and book value of a leased vehicle, it is also useful to shop the vehicle around to various dealers such as Victoria Premium Automobiles, including the dealer the vehicle was leased from. You will be surprised at how values and prices will fluctuate.

You can use any lease equity as a down payment on a new lease or choose to pocket the cash. Or you could choose to buy out the vehicle and continue driving it. The choice is yours.

Or, you can visit, or contact, Victoria Premium Autos. Your leased vehicle will be appraised, we will contact the leasing company for a payoff quote, and if there is equity, we will process the transaction, take possession vehicle and you can take the equity in cash or put it towards a replacement vehicle.

If you are nearing the end of lease on your car or truck, do not leave money on the table. Contact Victoria premium Automobiles and ensure you recover what is rightfully yours.

Thursday, 31 August 2017 15:03

August 2017 VPA news and update

 

We only sell what we would drive.
newsletter-logo-VICTORIA-PREMIUM--AUTOMOBILES2
484487 2
HIE_Template_795_i10.gif
Victoria Premium Automobile's Fall 2017 Sales Event
Hi {FIRST_NAME|Valued Customer},

lbfcdfb11e1a80df7658771b2ec5192e79September is less than a week away and Victoria Premium Automobiles has a select number of premium quality vehicles on sale.

SAVE on premium convertibles, SUVs, coupes, sedans and sports cars at Victoria Premium Autos.

LEARN MORE

Stop by Victoria Premium's showroom and find a remarkable deal on a remarkable vehicle.

VPA Showroom Hours

Our showroom hours have changed:
Monday to Thursday 9:00 am to 7:00 pm 
Friday to Saturday 9:00 am to 6:00 pm
Sunday By Appointment Only
 
We May Be Interested in Buying Your Vehicle
We Buy Leased Vehicles

If your lease has expired and you plan on turning your car or truck into the dealership, be warned: you could be leaving money on the table.

There could be equity in your leased vehicle and there are ways to recover thousands in cash.

automobile-1846301_1920Rising used-car values due to tight supply and a big demand for quality used cars have put upward pressure on the residual value of lease returns. While most leasing companies are good at predicting the residual value of an end-of-lease vehicle, higher used car prices may mean your leased car cars is worth more than the residual value.

You have the right to buy the car at the end of the lease term and profit from the difference. If you are nearing the end of lease on your car or truck, do not leave money on the table.

Contact Victoria premium Automobiles and ensure you recover what is rightfully yours.

 

Call or text: (250) 216-4940


Welcome to VPA Pascal d'Aout
pascal_daoutPascal d’Aout is back in Victoria and he has chosen to hang his helmet at Victoria Premium Automobiles

After a career in natural gas pipeline engineering and an eight-year motorcycle trip around the world, Pascal d’Aout has returned to Victoria and is now a sales professional at Victoria Premium Automobiles.

“The muscles from Brussels” started at Victoria BMW 14 years ago. Five years and over 1,000 customers later, he followed a woman to Toronto and was hired at BMW Toronto’s corporate store on the Don Valley Parkway. Pascal returned to Victoria three years later, joining Island BMW (the motorcycle shop) where he had a successful run. His motto “dare to care” was appreciated by motorcyclists: “Once you make a habit of genuinely caring, people pick-up on it and bring family and friends over!” relates Pascal.

Now Pascal has joined Ed Pierik at VPA where his own customer-focused motivation meshes well with Ed’s customer satisfaction philosophy and superb, long-established reputation for excellent customer service. Stop by Victoria Premium Automobiles.

Pascal will be happy to meet with you 11:00 am – 7:00 pm Monday, Tuesday and Thursday; 9:00 am – 6:00 pm Friday and Saturday. You can also call or text Pascal at 250-885-1798 or email him at This email address is being protected from spambots. You need JavaScript enabled to view it. and book a private viewing of a premium quality vehicle.

Pascal is looking forward to seeing his previous customers and show them the beautiful automobiles that VPA carefully selects and re-conditions. And of course, if VPA does not have what your heart desires, VPA will find it for you.

 
Another Victoria premium Automobile contest is about to launch

logoVictoria Premium Automobiles has sent previous winners on surf vacations and to see Elton John in concert. What is next? Like and follow our Facebook page - CLICK HERE - so you do not miss out on any of the contest. 
Victoria Premium Automobiles is on 100.3 The Q

Untitled-5Listen for Victoria Premium Automobiles each afternoon at 5:00 pm on The Island's Rock, 100.3 The Q.
Premium Quality Vehicles
Victoria Premium Automobiles specializes in providing the finest pre-owned, premium quality and premium brand automobiles on Vancouver Island and beyond.

We work with clients in Victoria, Colwood, Langford and all points north on the island and customers on the Lower Mainland and all points east and south.

We assist customers across North America find the cars of their dreams and we ensure the cars are of premium quality and in outstanding condition.

Victoria Premium Automobiles is your source for unique and exceptional used vehicles, including Audi, Bentley, Land Rover, BMW, Mercedes-Benz, Porsche, Jaguar and more.

At Victoria Premium Automobiles, we only sell what we would drive.

Please take a look around our online inventory and see our incredible selection of vehicles.

If you have any questions about specific cars, our staff is always available: (250) 380-0581.

You are always welcome stop by in person for a test drive - let us help you find the premium quality and premium-brand vehicle you are looking for.
HIE_Template_795_i09.gif
Contact Us:
Victoria Premium Automobiles Ltd.
1859 Blanshard Street Victoria, BC V8T 4H9
Phone: 250-380-0581 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Wednesday, 26 July 2017 12:59

July 2017 VPA news and update

 

We only sell what we would drive.
newsletter-logo-VICTORIA-PREMIUM--AUTOMOBILES2
Untitled-1
HIE_Template_795_i10.gif
Victoria Premium Automobile's Convertible
Clearance Sale
Hi {FIRST_NAME|Valued Customer},

Untitled-2August is here and so are the premium quality, premium brand convertibles.

SAVE on premium convertibles and cabriolets at Victoria Premium Autos.

Stop by our showroom and check out the window vehicle information and price sheets and find your dream convertible at a great price.

No time to visit VPA's showroom?

You can always visit Victoria Premium Automobiles' online showroom CLICK HERE
 
We May Be Interested in Buying Your Vehicle
We Buy Leased Vehicles

Victoria Premium Automobiles may be interested in purchasing your vehicle lease and paying you for the equity in the car.

Before turning in your leased car to the dealership, be sure you have checked to see what it's worth.

You may have equity in your leased car and you could be leaving thousands of dollars in cash on the table.

The dealership or manufacturer may own the car but that money, that equity, is yours.

We Buy Used Vehicles

We would be happy to review your used vehicle and possibly offer to purchase it from you.

 

Call or text: (250) 216-4940


Donate to the British Columbia Fires Appeal
The Red Cross is supporting the province of British Columbia and local authorities in providing assistance to those affected by the wildfires.

Your donation will help provide immediate relief such as cots, blankets, family reunification and financial assistance for food, clothing and personal needs. Beyond meeting immediate needs, your donation may also help re-entry and go towards more long-term recovery, resiliency and preparedness.

To donate CLICK HERE

 
Victoria Premium Automobiles is on 100.3 The Q

Untitled-5Listen for Victoria Premium Automobiles each morning on The Island's Rock, 100.3 The Q.
Premium Quality Vehicles
Victoria Premium Automobiles specializes in providing the finest pre-owned, premium quality and premium brand automobiles on Vancouver Island and beyond.

We work with clients in Victoria, Colwood, Langford and all points north on the island and customers on the Lower Mainland and all points east and south.

We assist customers across North America find the cars of their dreams and we ensure the cars are of premium quality and in outstanding condition.

Victoria Premium Automobiles is your source for unique and exceptional used vehicles, including Audi, Bentley, Land Rover, BMW, Mercedes-Benz, Porsche, Jaguar and more.

At Victoria Premium Automobiles, we only sell what we would drive.

Please take a look around our online inventory and see our incredible selection of vehicles.

If you have any questions about specific cars, our staff is always available: (250) 380-0581.

You are always welcome stop by in person for a test drive - let us help you find the premium quality and premium-brand vehicle you are looking for.
HIE_Template_795_i09.gif
Contact Us:
Victoria Premium Automobiles Ltd.
1859 Blanshard Street Victoria, BC V8T 4H9
Phone: 250-380-0581 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Wednesday, 14 June 2017 12:57

June 2017 VPA news and update

 

We only sell what we would drive.
newsletter-logo-VICTORIA-PREMIUM--AUTOMOBILES2
bmw-1712736_1280
HIE_Template_795_i10.gif
Victoria Premium Automobile's Canada Day Sale
Hi {FIRST_NAME|Valued Customer},

canada-2262774_640Celebrate being Canadian and SAVE on premium quality and premium brand automobiles at Victoria Premium Autos.

From now, through the first week of July, ALL vehicles at Victoria Premium Autos are on sale.

Stop by our showroom and check out the window vehicle information and price sheets and find your dream vehicle at a dreamy price.

No time to visit VPA's showroom?

You can always visit Victoria Premium Automobiles' online showroom CLICK HERE.
 
Convertible Season - Remaining Models On Sale!


We have a fantastic selection of convertibles in stock at the moment, to suit all tastes and budgets, so there really is no excuse not to get your top down this spring and summer.

Don't see your dream car in our current selection?

Keep an eye on our always changing clearance showroom as we bring in convertibles, cabriolets, removable hardtops and soft tops.

 
Victoria Premium Automobiles is on 100.3 The Q

Untitled-5Listen for Victoria Premium Automobiles each morning on The Island's Rock, 100.3 The Q.
Premium Quality Vehicles
Victoria Premium Automobiles specializes in providing the finest pre-owned, premium quality and premium brand automobiles on Vancouver Island and beyond.

We work with clients in Victoria, Colwood, Langford and all points north on the island and customers on the Lower Mainland and all points east and south.

We assist customers across North America find the cars of their dreams and we ensure the cars are of premium quality and in outstanding condition.

Victoria Premium Automobiles is your source for unique and exceptional used vehicles, including Audi, Bentley, Land Rover, BMW, Mercedes-Benz, Porsche, Jaguar and more.

At Victoria Premium Automobiles, we only sell what we would drive.

Please take a look around our online inventory and see our incredible selection of vehicles.

If you have any questions about specific cars, our staff is always available: (250) 380-0581.

You are always welcome stop by in person for a test drive - let us help you find the premium quality and premium-brand vehicle you are looking for.
HIE_Template_795_i09.gif
Contact Us:
Victoria Premium Automobiles Ltd.
1859 Blanshard Street Victoria, BC V8T 4H9
Phone: 250-380-0581 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Victoria Premium Automobiles Ltd.
1859 Blanshard Street
Victoria, BC V8T 4H9
Phone: 250-380-0581
Tuesday to Saturday 10:00 am to 7:00 pm Sunday and Monday By Appointment Only