Whether it’s the recession or the economic road to recovery, you’d be silly to overlook any opportunity to save money on big purchases. Second only to a house in terms of importance, as well as the possibility of holding onto a few extra quid through haggling, is an investment in a car. With these great tips, you should be able to have a little more pocket money after the big purchase.
Firstly, do your research in a number of car review magazines, such as What Car? magazine. These provide the average asking prices for vehicles too, so you shouldn’t overlook these as your initial go-to. On top of this, go online and check showroom prices; go to car auction and sales sites to check past transaction history for the motor you want when you eventually look for it among the range of Evans Halshaw new cars.
Secondly, set your budget. Ensure you include both tax and insurance in your budget and be sure to work with this in mind at all times. If you aren’t going for a new car, the main considerations are the age and model of the car, though these may not be as important with vehicles that have rolled off the production line.
Factor in depreciation when buying a brand new car, because you could lose thousands of pounds as soon as you drive the car off the forecourt. Certain models have, in the past, been known to lose up to 20 per cent of their value just by pulling onto the road. For instance, a top-of-the range luxury model could fall by over £8,000 immediately, though mid-range family saloons could only lose £1,000 in depreciation initially. Year-old cars are always a good bargain in this respect; you may get as much as a third off.
Franchised dealers are the safest bet. Heading to Evans Halshaw for new cars will give you a competitive rate on a specialised make and model, as well as a full service history. They are also known to haggle too, so be sure to argue your standpoint, so long as you remember the extra benefits that such organisations are known to offer on top of the product itself.
Whatever you do, be calm and sensible. Don’t spend above the odds for tiny extra features and be sure the model is right for every purpose. There’s no point in saving money on a purchase if the entire exchange ends up being a lesson in bad spending!
