NEW CARS BUYING TIPS

NEW / OLD CARS BUYING TIPS

No car lasts forever but when they do finally break down for the last time it always seems to happen at the worst possible moment If you are used to relying on your car to get around suddenly finding yourself without one can cause major problems Its harder to get to work it takes longer and trying to do the weekly shopping without relying on the car is almost impossible .The problem is its not always as simple as popping out to buy a new one Quite apart from the paperwork side of things theres the question of money to consider How can you get a new car if you cant afford to buy one Your first thought will probably be to get a car loan to help you buy your next vehicle but if you have a bad credit rating your bank is unlikely to look favourably on lending you money
Of course the amount of money you need will depend largely on what kind of car you want to buy If you are finding it hard to get the money together then you will no doubt be looking at the cheapest cars you can find This can be a temptation you might be better off avoiding however Buying a cheap car can leave you open to the possibility of further break downs and repairs in the near future as the car is already several years old Happily there is another solution Even car hunters with poor credit ratings can apply and be accepted for personal car finance through specialist lenders and brokers which has two main benefits over other solutions

Firstly youll often find that the loan is secured on the car itself which means you wont need to put up any security to make the loan possible Secondly you will also be able to afford a much better car than you would be able to otherwise meaning it will last far longer and be much more reliable as a result One of the main problems of having a bad credit history is the task of improving it again It can be done of course but it generally takes time and it can hamper your chances of getting credit anywhere else until your rating improves This is where car finance can come in very useful because as long as you meet your monthly payments you will be improving your credit rating with every month that goes by This can have an enormous effect on your future status One of lifes joys is buying a new car The excitement of looking through those glossy brochures choosing the brand model colour plus the features is incredible Ask most men and Im sure theyll tell you its one of the things they enjoy most in the world And these days with women reported to be involved in over 80% of all new car purchases women are getting hooked fast on the pleasure of buying a new car

However if there is one thing that can detract from the enjoyment of buying a new car it is the finances of the whole deal This is not just speaking about the price of the new car although this can be considerable There is also the issue of all the hidden and not so hidden extras that you have to pay for For example before you finalise the price of the car you have to find out what features come as standard and if you want to have any additional features be they for safety power style or any other reason you have to make sure that you calculate the extra cost of them into the price of the car Then added to this is the delivery cost if there is one Plus any other hidden dealer fees for whatever reason Then you have to deal with financing charges You may be one of the lucky people who can pay outright for their car but most people will be using some style of financial product to cover the purchase price of the car Either theyll be leasing it from the dealer or theyll be relying on the dealers financing offers or maybe you will have arranged a separate loan from your bank or other lender Frequently there will be associated costs with the financing package and they should not be overlooked when calculating the cost of the car.

Add to this the cost of road tax Road tax is calculated based on the size of the engine of the car Then you will also need insurance You should make sure you shop around and get the best possible price for your car insurance You can choose between different levels of coverage depending on whether you want your own car to be covered or just third parties By the time you have added all of these extra expenses on to the purchase price of the vehicle you will be closer to knowing the true cost of the car Make sure you can afford this figure and your car buying experience will be far more enjoyable Many car buyers are missing out on discounts of almost £1 600 on their brand new car purchase as they are too keen on the car they want or are too embarrassed to haggle with car salesmen according to recent research from Sainsburys Bank To make matters worse most of the people who miss out on discounts will also not shop around for their car finance making the overall deal more profitable for the dealers and even more expensive for the car buyer The study highlighted the fact that only 53% of all people expecting to buy a car in the next year will even raise the issue of discount to the new car salesman The rest will simply accept that the list price is what they will pay The main barrier to effective negotiation for most new car buyers is that they get fixated on one particular car and are unable to hide their excitement from the salesman That gives him the upper hand as he knows how keen you are on that car Hell reckon that you are unlikely to ask for a discount and that even if you do and he refuses that you will probably still buy the car anyway The real power of negotiation lies in knowing that you can refuse to buy and walk away if the deal doesnt suit you Put your emotion aside or at least hide it from the salesman when you are looking to buy Visit the garage just after an updated version of the car you want has come out Dealers will often significantly cut the price of older versions if you ask because they want to clear their forecourt for the newer models

Buy just before the new registration plate comes out dealers will often issue generous discounts as they try to shift their stock before Do your research and be aware of the true value of the car you want For example What Car Target Price lists the average price you should pay for cars which is currently around £1 600 below the list price And finally if you are thinking of buying your vehicle using car finance it definitely pays to shop around With interest rates varying so much as the loans market tries to steady itself in the face of a credit crunch you can negotiate an even better overall saving on your vehicle purchase by getting the best possible interest rate As when negotiating your car price dont go with the first offer

Smart buyers now use the Internet to buy new cars Buying new cars online saves your precious time money and effort at once It is much faster and when you buy new cars online from an authorized car dealer you just reap a horde of benefits Really its very easier to buy Cars Vans SUVs and Wagons online But with a plethora of sites catering to online new car buying it is imperative that you choose a website that lets you buy new cars from authorized dealers New car buying services can help a great deal in the selection of a new car New car buying service includes providing the best price quotes to the customer Online car buying services offer new car auto reviews to the buyers A new car buying service makes your selection procedure easier by giving you new car prices and reviews These reviews give all the important information about various cars available in the market Once you have selected a particular model and make of a car then you can enter the zip code of your area to get the local price quotes These price quotes are taken from authorized dealers With the various price quotes available you can easily compare them and choose the best one This new car online service is not restricted to just new cars you can also select used cars The price quotes are available for used cars also One online site which provides these quotes for new as well as used cars is carwholesaleprices com The dealers associated with this web site have all kinds of luxurious and sports cars for sale You can also compare new car prices online The choice is vast for the buyer you can make the choice according to your needs and your budget Carwholesaleprices com has a network of about 7 000 dealers nationwide who can provide free price quotes for the cars without any obligation to buy them With the model make and year filled in the form you can get these price quotes Besides these quotes all the necessary information is provided regarding the features of the cars All kinds of cars are covered under this to give a vast choice Carwholesaleprices com provides all the necessary information for buying new car The web site also contains pictures of all the latest models of the cars Carwholesaleprices com not only provides new car buying services but also assists the clients in online new car buying process Most people have an idea of the kind of new car they are looking for whether it is large family car such as a 4x4 or an estate a small economical diesel car or a weekend sports car You may want a car that was just like your old one Whatever kind of car you think you have in mind make sure you do some research on it Determine what you will need from the car how many people will be driven around in it what kind of space is required and running costs Running costs is an important factor to consider when looking at new cars

Once you have done some research and know what kind of new car you would like step into the online showroom and look at the models details Become familiar with the models specifications and price You can do this by reading reviews online in car magazines newspapers online anywhere you can find different reviews and information about the new car you are looking for the better Being armed with information will help you make a good choice when it comes time to take the big step with the final purchase Once you have finalized your decision about the new car that you want its important to get different quotes Shopping around is the only way to get the best deal and make sure that you are paying the least amount of money for the car you really want There are some companies and websites that are highly overpriced and paying these big price tags can be avoided by simply obtaining a few different quotes for your new car Once you have received a few different quotes for the new car find out as much as you can about the dealer The best way to do this is just by asking a few simple questions Find out what their policies and procedures are Some important questions to ask are about warranty delivery costs whether the new car will be delivered with a full tank are there opportunities for further discounts and are there any free accessories available Knowing these answers will take a lot of the risk out of buying a new car online

Lastly before you purchase a new car be sure to read the entire agreement If there are parts of the agreement that confuse you ask about them and make sure that they are fully explained and that you completely understand them before signing any deal This will help protect you from unforeseen problems in the future