When the time comes to buy a new car, it is important that you find the right vehicle particularly if you will be using this vehicle each day. It is also a major financial decision to make, so it is worthwhile knowing a few tips and tricks that could help you to get a good deal. Keep reading for a few methods that could help you to find a good deal on the right cars.
Choose the Right Time
If you are able to, it is worth waiting until the right time to buy a car that could allow you to get a good deal. This will be at the end of each quarter when salespeople are looking to hit their targets, so March, June, September and December are good months for buying.
Buy Pre-Reg Cars
One of the best ways to save money on a new car is to buy one that is pre-register or “pre-reg”. These are cars that have been purchase by the dealer to meet their targets and never driven. This means that technically they are not brand new and this allows you to make big savings.
Part-Exchange/Sell Your Old Car
If you have an old car that you no longer need, you can sell this as a way to make the cost easier to manage. Most dealerships will offer a part-exchange service where your old car will lower the price of the new car, which can take a lot of the stress and hassle out of selling your car. You will be more likely to get more if you sell privately, though, so this is worth considering.
Many people shy away from negotiating when buying a new car, but this is something that is expected and could allow you to make big savings. You can find advice for negotiating for a car online, but a few basic tips include researching the price of similar vehicles in the area, having a firm figure in mind and being firm yet friendly.
Consider a Lease
When purchasing a car, one of the most important aspects to consider is its future value as depreciation can see a car lose thousands of pounds in value in a short period of time. A smart way to avoid this is to consider a lease deal, which allows you to return the car at the end of the agreement and take out a new lease. Additionally, leasing deals are often cheaper than finance deals so this is another way to make savings on a new car.
Hopefully, this post will give you a few ideas for ways that you could get a deal and save money on a new car.