7 Tips That Will Save You Money When Purchasing A New Vehicle

Buying a brand-new car can be somewhat of a tricky business. You may be tempted to try and get as much as you can for as little as possible, and although this is great, you do want to make sure that you are not compromising. If you are, then you may find that you end up struggling overall which is the last thing you need.

Buying a brand-new car can be somewhat of a tricky business. You may be tempted to try and get as much as you can for as little as possible, and although this is great, you do want to make sure that you are not compromising. If you are, then you may find that you end up struggling overall which is the last thing you need.

Downsize

The best way for you to make sure that you are getting the most out of your car without breaking the bank would be for you to downsize. Think about it, do you really need a Mercedes E-Class? Or would you just get as much fun and enjoyment out of the C-class? Either way, you have to think about things like this because if you don’t, then you may find that you end up struggling to budget properly. Smaller cars do have very modest price tags and another bonus is that they tend to be much lighter. They also have way more efficient engines so you will spend less when you go to the fuel pump. If this is not enough to convince you, then think about how much easier it would be for you to park if you live in town, or that you will no longer have to worry about maneuvering down a tight country lane.

Buy an End of Line Car

Look very closely at all of the cars that you are thinking about. Cars that have different phases will often have different deals. Could you save a lot of money by simply buying a car that is nearing the end of its production line? Probably, not to mention that a dealer will often give you a hefty discount if they know that the car is going to be replaced in the near future. Keep an eye on what new cars are coming out and when. This will make it easier for you to make the best decisions possible when it comes to your new purchase in general.

Pre-Registered

Another way that a lot of car dealers are able to hit the sales targets that they have is that they buy any unsold stock themselves, and they then register the car in the name of the dealer. This means that as the buyer, you will be the second owner, and this can impact the future sale price of your car. You may also find that you end up losing a small part of your warranty as you may find that the clock starts to tick the moment the car is registered. If you are able to put up with minor inconveniences like this, then you could well save thousands. You will be paying the price for a used car but in reality, you will be getting a new car that has just done a few miles around the dealership.

Don’t Be Picky

If you want to try and bag a great deal, then you may want to relax the wish list that you have now regarding your dream car and its overall specification. If you do decide to opt for a car that has been registered already, then it will come with options specified by the dealer. A lot of franchises tend to have car parks that are full of stock that is yet to be registered, but they may still be keen to shift it. While you may have wanted a car that comes with gold metallic paint and a full sunroof, you may be able to save thousands if you try and opt for one that has a blue paint job instead. This is a great way for you to cut down on the amount of money you may need to spend when picking up your own car.

Haggle

It is more than possible for you to use the fact that your car doesn’t come with all of the latest gadgets or equipment as a haggling point. If you know that it doesn’t come with adaptive cruise control or if you know that this is a deal-breaker for you, then you may be able to get the price much cheaper. This could be something that you do at the last stage of the process as it could help you to get the sale over the line. It is more than possible for you to barter for things such as sale packages and care packages as well. A set of floor mats or even a boot liner are all actually super useful and you may find that the cost adds up over time. Ask the dealer if they can throw in some extras like this with your car and you will soon find that it is easier than ever for you to seal the deal. It will also have you feeling a little smug regarding your negotiation skills, which is always a good thing.

Buy at the End of the Month

You have to remember that dealers all have their very own sales targets and they may well be incentivized to sell a set number of cars every month. If you are willing to time your car shop so you can do it a day or two before this deadline, then you may find that staff are way more open to negotiating things like discounts. If you want to get some help here, then you may want to think about myhopscotch. They take the stress out of buying a new car.

Shop Around

Do not assume that every single franchise dealer out there is going to price their cars in the same way. Sometimes you may need to travel a little further so you can get a good deal. If you visit a bigger or out of town court, then they may have a lot of stock just floating around and this makes it easier for you to save money if you want to secure a good bargain. If you want to save even more then plan a few dealerships to visit so that you can play them off against each other.

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