Blog What You Need To Know About Buying A Used Pickup Truck

Oct 2, 2023

How to make a smart purchase when buying a used truck in Canada

black pick up truck

If you're considering buying a used truck in Canada, you are making a great choice. Used trucks offer a cost-effective way to own a reliable vehicle that can handle the country's diverse terrain and weather conditions.

The used truck market in Canada has been steadily growing over the years. According to the Automotive Industries Association of Canada (AIA), in 2020, 1.7 million used vehicles were sold in Canada, and a significant portion of these were pickup trucks.

Are you on the journey of buying a used car but looking to make the switch to a pickup truck? You’ve come to the right place! Read on to learn more about benefits, the best-used trucks to buy, and what to expect for car insurance.

Click below to go to key points:

New or used pickups - which is better?
Benefits of buying a used truck
Tips for buying a used truck
List of best used trucks in Canada
What to look for when buying a used pickup
Best places to buy a used truck
Frequently asked questions about used trucks

Is it better to buy a new or used pickup truck?

Choosing between a new or used pickup truck hinges on your budget and preferences. New trucks offer cutting-edge features and warranties but quickly depreciate. Used trucks, being more budget-friendly and having already absorbed depreciation, provide better value. Your decision should align with your financial situation and needs.

If you value advanced tech and long-term ownership, new may be preferable. Conversely, if budget and immediate utility matter, a well-maintained used truck offers cost-effective transportation without the higher initial cost of a new vehicle. Consider your priorities, as new and used trucks have merits and drawbacks.

Benefits of buying a used truck

Investing in a used truck can be a smart decision for various reasons, offering various benefits catering to different needs and preferences. While the allure of a brand-new vehicle is undeniable, a well-chosen pre-owned truck can provide numerous advantages that make it a compelling option for many buyers. Here are some benefits of buying a used truck:

  • Resale value: Trucks from reputable Canadian brands retain their car trade in value due to high demand for both personal and commercial use in Canada's rugged landscape.
  • Longevity: Canadians typically own their trucks for 9 years before selling them, resulting in a diverse selection of relatively new pre-owned trucks.
  • Reliability: Many modern trucks are built to last, so even a used model can offer years of reliable service. Look for trucks with inclusive service histories to ensure they've been well-maintained.
  • Customization: Buying used allows you to choose from a vast array of models and trim levels, giving you the freedom to find the perfect truck to suit your needs.
  • Lower depreciation: Used trucks have already gone through the steepest part of their depreciation curve. New trucks can depreciate by as much as 20-30% in the first year, while used trucks have already absorbed this initial depreciation.

Find the lowest rate for your used truck

Shopping for a used truck means shopping for new coverage for the vehicle. Compare pickup truck insurance quotes with us to find your lowest rate today.

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How to buy a used truck

When buying a used truck in Canada, there are several steps to follow, just like when buying a used vehicle in any other country. Here is a step-by-step guide to help you through the process:

  • Budget and research: Decide how much you will spend on a used truck. Consider the purchase price and ongoing costs like insurance, fuel, and maintenance. Research the make and model of the truck you want. Consider factors like the truck's age, mileage, reliability, fuel efficiency, towing capacity, and your specific needs.
  • Search for listings: When looking for used trucks that meet your criteria, check online classified websites such as AutoTrader, Kijiji, and KBB. Additionally, consider checking with new and used dealerships as well as local newspapers for classified ads.
  • Contact the seller: Reach out to the sellers of the trucks you're interested in to schedule a visit and ask questions about the vehicle's condition, maintenance history, and any issues. Get a vehicle history report using the truck's VIN to check for accidents, title issues, and other red flags. Carfax or AutoCheck can provide this information.
  • Inspection: Inspect the truck thoroughly, including the exterior, interior, engine, tires, brakes, and other components. Consider hiring a mechanic if you're not experienced with inspections. This will ensure you are aware of any repairs or potential work you may need to do on the truck.
  • Test drive: Take the truck for a test drive. Pay attention to how it handles, engine performance, braking, and any unusual noises. Test all features, including air conditioning, heating, and electronics.
  • Price negotiation: If you're satisfied with the truck's condition, negotiate the price with the seller. Research the market value of similar trucks for a reasonable price - try Kelly Blue Book, AutoTrader, Edmunds, Consumer Reports, and JD Power.
  • Complete the sale: If you and the seller agree on a price, you must complete the sale. This typically involves signing a bill of sale and transferring the ownership. Ensure that all necessary paperwork is filled out correctly. Pay any applicable sales taxes, which can vary depending on the province or territory.
  • Insurance: Contact your provider to apply for coverage for the newly acquired vehicle. Be sure to inquire about any insurance discounts.
  • Registration: Register the truck in your name in your local provincial or territorial licensing office.
  • Safety inspection: In some provinces, you may need a car safety inspection and certificate. You can get these inspections done at your local mechanic or dealership. Even some Canadian Tire locations offer the service. Check your local regulations to learn more.
  • Complete the transaction: Once all the paperwork is in order, and the truck is registered in your name, you can complete the transaction and drive your used truck.

Remember that it's crucial to be thorough and cautious when buying a used truck. If you're uncertain about any aspect of the process, seek advice from experienced individuals or consult with a trusted mechanic. Additionally, be aware of your province or territory's specific regulations and requirements for buying and registering a used vehicle.

Best used trucks in Canada

If you're looking for a dependable, high-performance, versatile used truck in Canada, several models have earned a strong reputation.

However, it's worth remembering that the "best" used truck for you will depend on your individual needs, budget, and preferences. Here are some of the popular used truck models that you might want to consider in Canada:

  • Ford F-150: Known for its reliability and versatility, the F-150 has been a Canadian favourite for years. Look for models with EcoBoost engines for a good power and fuel efficiency balance.
  • Chevrolet Silverado: The Silverado offers a comfortable ride, strong towing capacity, and a variety of trims and engines to choose from.
  • Ram 1500: The Ram 1500 is praised for its comfortable interior and advanced technology. It's a solid choice for those looking to balance workhorse capability and everyday comfort.
  • Toyota Tacoma: If you need a midsize truck with excellent off-road capabilities, the Tacoma is a top choice. Its resale value is also exceptional.
  • Nissan Frontier: For those on a budget, the Frontier offers reliability and ruggedness at a lower price point. It's an excellent option for light to moderate hauling.

9 Things to look for when buying a used truck

When buying a used truck, thorough inspection and due diligence are crucial to ensure you make a wise investment. Here's a checklist to help you through the process:

  • Mileage: Lower mileage generally indicates less wear and tear, but it's not the only factor to consider. When shopping for a used truck, you’ll want to aim for a vehicle that has less than, or around, 100,000 kms.
  • Inspect the exterior: Look for signs of rust, dents, scratches, and paint discrepancies. Check for any visible damage or signs of accidents.
  • Tires and wheels: Inspect the tires for wear and tear. Uneven wear can indicate alignment or suspension problems. Check the condition of the wheels and look for any damage or bent rims.
  • Under the hood: Open the hood and inspect the engine compartment. Look for leaks, corrosion, and worn-out components. Ensure all fluid levels are appropriate.
  • Test drive: Take the truck for a test drive. Pay attention to how it handles, the engine's performance, braking, and any unusual noises. Test the air conditioning, heating, and all electronic features.
  • Transmission: Pay close attention to how the transmission shifts during the test drive. Jerky or delayed shifts could be a sign of transmission problems.
  • Steering and suspension: Check for a smooth ride, listen for noises over bumps, and ensure responsive steering without pulling to one side.
  • Brakes: Test the brakes for responsiveness and any signs of squeaking or grinding.
  • Interior: Check interior for wear, and controls work. Examine the frame and undercarriage for rust damage.

If you're looking to learn more about new models, horsepower, and MSRP, take a look at the best pickup trucks in Canada.

Where is the best place to buy a used truck?

The best place to buy a used truck can vary depending on your preferences and priorities. Here are several options to consider:

  • Dealerships: Authorized dealerships selling new and used vehicles often have certified pre-owned programs. These vehicles typically undergo rigorous inspections, come with warranties, and offer some peace of mind about the vehicle's condition. While dealerships may have a higher price tag than private sellers, they often provide more transparent buying experiences compared to private sellers.
  • Private sellers: Make sure to have a mechanic inspect the truck thoroughly and obtain a vehicle history report to avoid purchasing a vehicle with hidden issues. A private seller doesn’t charge for additional services such as repairs and there are no additional fees or commissions, so you could save more.
  • Online classifieds: Websites like AutoTrader, Kijiji, Craigslist, and Facebook Marketplace allow you to browse a wide range of used trucks listed by both dealers and private sellers. These platforms often offer various search filters to help you narrow down your options.
  • Auctions: Vehicle auctions, whether physical or online, can sometimes provide opportunities to buy used trucks at competitive prices. However, auctions can be riskier, as you may not have the opportunity for a comprehensive inspection, and may come with no vehicle warranty.
  • Used car brokers: Auto brokers have a wide network of dealerships and private sellers to help you find a used truck that meets your specific criteria.

Buying a used truck FAQs

Depending on the make, model, and location, used pickup trucks can cost anywhere from $10,000 to $86,000. This price range is so vast because depending on the size (heavy duty, compact, or mid-sized) impacts the vehicle size and cost. Additional features, upgraded engines, interior, and exterior also play a role in the cost of a used pickup.

Insurance premiums are determined based on factors such as the make and model of the truck, its age, your driving history, your location, the options you choose, and more. To get an accurate rate and payment cost, contact ThinkInsure to compare Ontario insurance quotes.

Some of the most reliable vehicle brands for used trucks include Ford, Chevrolet, GMC, Ram, Honda, and Jeep are some of the top options. Reliable brands earn that title by having high safety ratings, durability, low fuel economy, and lower maintenance costs.

The Pre-Purchase Inspection (PPI) is crucial for used pickup truck buyers. Arrange it before making an offer. It takes about an hour, costs under $150, and uncovers potential issues like suspension, tires, driveline, brakes, fluid leaks, rust, and past damage. After the PPI, you'll get a detailed report to save you money on repairs or confirm your choice.

If you like to live on the adventurous side - buying a used pickup truck is a great option

Buying a used truck is a keen move due to the country's terrain and used vehicles' cost-effectiveness. With the right research and precautions, you can find a reliable and capable truck that suits your needs while benefiting from cost savings and potentially strong resale value. Whether you choose a diesel, gas, or electric, the perfect used pickup awaits you. Don’t forget to contact us to start comparing pickup truck quotes.