How to save money on a new car

How to save money on a new car

Whether you’ve been drawn in by the shiny cars on the showroom floor or your current car has given up the ghost, if you’re in the market for a new car, it’s understandable if you want to get the best deal.

Although getting a new car won’t save you money (unfortunately!), with our handy tips, you can beat the cost of living boom and drive away in your new motor in no time at all.

1.     Look at used

Us Brits love a good bargain, so it’s no wonder so many of us opt for a used car each year. As well as avoiding the hefty price tags that come associated with brand-new cars, used cars can be picked up for a fraction of the price and depreciate far less than their newer counterparts.

If that wasn’t enough, used cars are often cheaper to maintain, insure and tax. So, there’s never been a better time to look at used cars in Manchester to help you save some money.

2.     Buy smart

If you’re serious about getting a bargain, you’ll need to think smart. One way to do this is by considering the dealership’s targets. Normally, car dealerships are looking to meet their targets towards the end of the year or at the end of the quarter. So, you’re far more likely to get a better deal by going during these times.

If you can’t wait that long, try going during the week. As weekdays tend to be quieter, you’ll be able to have the full attention of the salesperson and have more chance of securing a good deal as a result.

3.     Consider running costs

With petrol prices through the roof, if you’re serious about saving money, you’ll have to consider the running costs too.

Although you may get a good price for the car itself, if the running costs are astronomical, you won’t be any better off. Before you buy your new car, be sure to check the fuel economy, tax and insurance to make sure you’re getting a good saving. If not, it might be best to walk away.

4.     Shop around

Finally, it’s important to shop around. Although you might want to drive off in your new car as soon as possible, sometimes patience is a virtue! To get the best deal, it’s important that you take your time and assess all your options properly. And if you can afford electric, go for it! With loads of options on the market like the Vauxhall Mokka E, or the Renault Zoe, the cost over the long run will be much less.

By looking in the first instance, you can get a good idea of where the best deals can be had, rather than rushing in.

Final thoughts…

Buying a new car is exciting. But that doesn’t mean it’s easy, especially if you’re looking for a good deal. If you are in the market for a new car, don’t panic! By following the above tips, you’re almost certain to bag yourself a bargain.