Driving the latest car can leave you feeling on top of the world, but it’s also incredibly expensive. When I wrote about the 5 financial commitments I don’t have, a car was one of them. So, if you’re looking to drive top-of-the-range vehicles without paying through the nose, I’m sharing some great tips from industry pro Cristi Casella today to help you save money and enable you to still take pride in your ride…
CONSIDER AN EX-DEMO CAR
Cars that have previously been used for display purposes, and for potential buyers to test drive, are often sold at significantly cheaper prices than new models. As such, you can find a nearly new car for a reduced price if you shop for an ex-demo car. There are a few things you need to look out for when buying an ex-demo car, but by being savvy and researching the model you can easily snap up a bargain.
TRY LEASING A CAR
Leasing a car allows you to drive the latest models without having to commit to buying and maintaining them. Cassie wrote about the money-saving aspect of leasing cars on her blog last month so have a read of that post before you start shopping! Most car lease companies, like Vantage Leasing, offer the latest models. For instance you can find Range Rover Evoque leasing options on their website so you can travel in style.
PART-EXCHANGE YOUR OLD CAR
If you want to drive the latest model and already have a car then you could consider part-exchanging your old vehicle to get the model you want. It can be hard to get the best price when doing this kind of deal, but if you have a decent car and understand how much it’s worth in relation to the vehicle you want you could get yourself a great new car at an even greater price.
THE DATE IMPACTS THE PRICE OF THE CAR
The time of year when you visit a car dealership will have an effect the price you pay, so be strategic and try to visit when sellers have deals on so that you can save yourself some money when buying a new vehicle. Don’t hurry into it – instead, keep an eye on your local car dealerships and watch out for any sales they may be holding or any deals they might offer so you’re always aware of when’s the best time to visit and pick up a new car for less. Even buying at the end of the month could get you a good deal when staff are striving to meet their sales targets!
FIND A FINANCE OPTION TO SUIT YOU
For drivers that have to have the latest model of car but don’t have the immediate cash to buy one, there are finance options. BUT it’s important to make sure you shop around to get the best deal, perhaps with your bank or building society, so you don’t end up paying more than necessary for your new car.
LEARN TO NEGOTIATE
When you’re buying a new car from a dealer you can get yourself a better deal by negotiating. This will allow you to find the car you want and pay less for it, but it does take some skill and tenacity. If it doesn’t work on one dealer, but you’re confident that it will work elsewhere, then try your negotiating skills on several sellers to see where you can get the best deal.
I hope these tips from professional writer Cristi Casella will help you save some money the next time you’re on the hunt for vehicle. Please let me know how you got a great deal on your car in the comments below, I’d love to hear your tips!
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