I want to buy a car
Before you buy a car... what other solutions are there?
Buying a car may not be right for you, especially if you have to borrow money and pay interest charges! Here are some options that could help you save.
Depending on where you live, public transit may be an excellent alternative solution. Check out the options available to you based on your schedule and your regular destinations. Here you will find the websites of the public transit services in several regions:
Québec city: www.rtcquebec.ca
Lévis: www.stlevis.ca (French only)
Sherbrooke: www.sts.qc.ca (French only)
Laurentides: www.citl.qc.ca (French only)
Don't forget that the federal government gives you a tax credit on your monthly transit pass. This could represent a tax saving of over $150 per year (Source: Government of Canada). So hold onto your transit pass receipts until you fill out your income tax return.
Some regional programs also offer annual subscriptions at a discount. Find out!
Sometimes it can be to your advantage to move closer to where you work or study. This could reduce your transportation costs considerably. The key is to draw up two budgets and compare the two lifestyles available to you: living close by your work or school, with no car, or further away, with a car.