Autos

How to Save Money When Buying a New Car

How to Save Money When Buying a New Car

Looking to buy a new car? There is nothing quite like buying a brand new car, but it can also be an enormous purchase to make and many people struggle to afford it. Fortunately, there are a few ways that you could make savings which will hopefully make it easier to manage and allow you to enjoy all the perks that driving a brand new car can bring.

Shop Around

One of the best ways is to simply shop around and try to find the best possible price as the amount that you pay will vary depending on where you buy it from. You should always buy from a dealership with positive reviews and look at places in different areas, such as a Nissan dealer in Northern Ireland as you may find better prices here.

Compromise

It is always a good idea to go into a dealership with a list of options, but you should also be willing to make a few compromises. If you are willing to downsize what you are buying, you can often make big savings particularly if you are able to negotiate with the dealer – this is why it is always a good idea to brush up on negotiation skills and to have a clear limit in your mind.

Buy a Pre-Registered Car

A smart way to make big savings on a new car is to buy a pre-registered or “nearly new” car. Technically, this will not be new as the dealer will have registered the car in order to hit targets, but it is still effectively brand new with very few miles on the clock.

Choose the Right Time

You should also try to find the best time to buy your car as you could make big savings if you time it just right. Typically, dealers will be more willing to negotiate towards the end of quarterly sales (end of March, June, September and December) as they are looking to hit their targets.

Consider the Running Costs

The price tag of the vehicle is only one of the costs that you will need to consider. You will also need to consider car insurance, fuel, road tax and maintenance so you should also research the running costs of any cars that you are considering. Going electric is a smart way to make savings on the running costs in addition to the obvious environmental perks.

Hopefully, this will help you to make savings on a brand new car and enjoy the benefits that buying a new car can bring.

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