Brokers are independent agents who act as intermediaries to find the new or used vehicle you want at a price below what you’d normally pay. They have a Rolodex full of contacts, speak the sales lingo, know all of the angles and scams, and generally can quickly cut through the bull to find a fair price, usually within a matter of days. Their services may cost a few hundred dollars; your savings may be a few thousand. Additionally, you save the stress and hassle associated with the dealership experience, which for many people is like a trip to the dentist.
Brokers get new vehicles through dealers. The broker’s job is to find a vehicle to meet the client’s expressed needs, and then negotiate its purchase (or lease) on behalf of the client. The majority of brokers tend to deal exclusively in new vehicles, with a small percentage dealing in both new and used vehicles. Ancillary services vary among brokers, and may include such things as comparative vehicle analysis and price research.
The cost of hiring airport limo Toronto broker ranges anywhere from a flat fee of a few hundred dollars to a percentage of the value of the vehicle (usually 1-2 percent).
Finding the right broker
This is a tall order, because good brokers are hard to find, particularly in Western Canada and British Columbia. Buyers who are looking for a broker should first ask friends and acquaintances if they can recommend one. Your local credit union or the regional CAA office is also a good place to get a broker referral from people who see their work every day.
