People who lease vehicles do so because leasing allows them to drive a better and more expensive car for less money that it would cost to buy one. However, many people make the mistake of not reading vital details before making a decision. These errors that people make when setting up car leases can cost them a lot of money. Read more
If you have made a decision to buy a new car, its time you harm yourself with as much information as possible. Don’t be in a rush to make purchasing decisions. The real cost of buying and owning a car involves more than simply a big rebate, an agreeable monthly payment, and a competitive price. In addition to all other charges, the cost of owning a car is determined by the following factors; Read more
When it comes to a time to replace your car with a new one, you are going to want to keep as much money as possible, but that may not be as simple as you would want. One of the best ways to saving money on a new car is to do your research way ahead of time so that you don’t get swept away the process. If you are among the many savvy shoppers who do their research online, you are lucky. You would face a couple of frustrations reported by consumers such as dealing with salespeople, spending a lot of time in the buying process, figuring out what type of car you need and looking out for your sources of funding.
Here are some simple ways to save on your next new car
Before you show up to test drive the vehicle, take the time to negotiate price and financing, over the Internet. You may even opt to have the car delivered to your home, and sign the paperwork. Doing so helps you save on three things – which are saving on time, avoiding dreaded financing insurance and you can shop and negotiate during moments when it is convenient for you.
Before you start browsing, identify the one key thing you need in a car. It doesn’t make any sense to buy a two-seater convertible if you are about to start a family. Work out on what is realistic for you by asking yourself key question such as; what are your essential requirements regarding fuel economy and enough space for your family. Think about what you need the car to do specifically. Reason out if the vehicle is for short city drives or longer motorway journeys. What is better for you, is it petrol or diesel? Do you need a large boot? And are you in for an eco-friendly car?
First, you need to have decided what time of car you need. Then, on the way to save on cost is buying at the right time. Dealers usually have targets to meet, with bonuses up for grabs. These goals are based on quarterly sales which make the end of March, June, September and December as the ideal months to buy a car. Dealers need to sell a lot of cars at these quarters to meet targets, and thus they will be willing to push their prices down. Try to avoid weekends or start of the month after payday.
To save on your energy and time trying to work this out, car experts have already done this particular research. You can compare running costs on different models including the one’s you are looking forward to buying and on several sites, but here are some few rules of the thumb; smaller engines can be cheaper. A larger engine burns more fuel than a smaller one, and thus engine size is a fundamental consideration when making car buying decisions. Also, note that petrol cars tend to be cheaper than diesel ones, but diesel ones are more economical than their gasoline counterparts. Also, manual cars are less expensive than automatic ones. However, switching between gears is extra work, for those prone to stalling at traffic lights. Another note is that hybrid cars are cheaper to run, although they cost more to buy.
Cars classified as pre-reg usually come with chunky discounts off their original list price. In theory, they already have one owner. In working, the dealer buys the car and registers it to the dealership. This act is usually done to meet sales target for a given time. Dealers usually act this way as thy can often make more money from bonuses for hitting targets than they can, just from selling a car. To the local consumer, this model means that you can buy a brand new car for a hefty discount because its records already show that the car as an owner.
Are there vehicles that are about to be phased out by newer models? These are what we call run-out models and are often found with discounts of up to 30 percent of their original price, as dealers make way for the shiny new ones entering the market. However, note that the resell value of these vehicles will slump in value when their replacement arrive. Run out cars can be bought from mail car dealers as well as finding them with brokers online or at the car supermarkets.
Your car is your baby, so it deserves a little extra protection from those mechanical problems that pop up right after your new car warranty runs out. Your car may break down and call for additional towing services. To protect your vehicle from mechanical repair plans – which sometimes are called mechanical breakdown insurance, you can extend or supplement your existing car warranty. Read more
Selling your car may be the fastest way to get out of a debt and clean up your financial mess. Consequently, it can be confusing, overwhelming and a little bit scary. Selling the car privately is likely to get you the best price as long as you can devote some time and effort organizing your sale.
Here are some simple steps you can follow to ensure that you are ready to sell your car. Read more
Everyone loves a brand new car. However, due to wear and tear of movable parts, your car won’t be in the same condition as you purchased it. If your vehicle misses the compulsory repair and maintenance, it may break down to a point you are forced to seek tow truck services to have it taken for check-up. Car repairs can drain your pocket fast, but you can do a wide range of car repairs all by yourself, regardless of your technical skills. Read more
Just because a car is not new does not mean it’s not new to the buyer. Hence, landing on a good ‘new’ used car requires intricate attention and dedication similar to what buying an actual new car would call for. The process of buying cars come forth with lots of excitement. In some other cases, it may be nerve-wracking choosing. No matter the emotional reaction, some steps before buying can guarantee an informed decision when followed.
These steps are; Read more
Despite flashy and rather appealing advertisement on new vehicles, the price tags are not as flashy. It is public knowledge that buying new cars is a poor investment. The depreciation rate attracted buy such automobiles make slightly used cars a cleverer decision to make. Nonetheless, under certain circumstances, more benefits may come forth with the purchase of a new car as opposed to it being just a luxurious indulgence. Here are some of those situations. Read more
There are some drivers and car owners out there who take their car granted and forget that they need to be a little more proactive if they want their car’s engine to keep running and performing ad required. It is easy to forget to do regular car maintenance performance, and this may lead to car breakdown. The last thing you would want to do is to call for emergency tow services after your vehicle breaks down in the middle of the highway. The engine is the heart and soul of an automotive, and it needs to be shown tender car and loving through the mechanic. Read more
With a broken fridge or any other appliances in the house, considering a replacement is a very easy decision to make. However, that may not essentially be the case while buying a car. To most people, it’s arguably one of the biggest financial decisions they make in their lives. Unless you are a multi-millionaire or heading there, you will most likely have such a decision to make. It may not be easy but equally not the hardest one to especially with the right information at hand. Deciding on what refrigerator to take home may not need any research or too much concern on its looks, but for a car, most people will want to know more about it before stepping into their favorite dealerships. This is the case to both new and repeat motor vehicle buyers. As an important choice to reach, a few decisions must be made. Read more