Buying A Car
Old Banger Or Flash Motor?
Now
you've passed your test, your thoughts are probably turning to buying
your first car and your head is doubtless swimming with the seemingly
endless choices out there.
Whether
you are buying a new car or second hand, making the right choice
could save you lots of money, hassle and inconvenience.
When
you first pass your test, your insurance will probably be quite
expensive, especially if you are still in your teens or early-twenties
and you will want to stick to a lower powered car in order to keep
the costs down.
Buying
New
Most
people are not fortunate enough to buy a brand new first car, but
if you are, you have so many options and so many ways you can save
a large amount of money.
- Dealerships
- The obvious place to head if you're buying a new car,
but be aware that dealerships frequently can be undercut
by less obvious routes. It's always worth getting
quotes from more than one dealership and then playing one
off against the other to drive the price down.

- Car
Wholesalers - These are a relatively new phenomenon,
selling cars at sometimes massively discounted prices. Some
of these wholesalers source their vehicles from overseas,
however, and you will need to carefully check the situation
with regard to the car's specification as these can
be different to the UK specifications. You should
also ensure that the manufacturer's warranty will be honoured
in the UK if the car is not a UK model.

- Car
Brokers - In recent years, the internet has been bursting
with ever increasing numbers of car brokerage websites.
Some of these sites again source their vehicles from
overseas, so the savings may not be as great as they appear.
However, if you can source a UK specification car
from one of these sites, there are some fantastic savings
to be found.

- Reverse
Auction - Unlike the car brokers, the reverse auction
sites do not source the cars themselves. Instead,
your requirements are sent to dealerships and brokerages
throughout the country. You supply the site with a
maximum you are prepared to pay and the dealerships and
brokerages bid to win your business - If your maximum price
cannot be met, then you have nothing to pay, but if it
can, you'll have got your car at a really good price.

Buying
Used
Buying
a used car can seem like a complete minefield. From dodgy
backstreet dealers selling cars that are barely fit for the road
to trying to haggle on the price, knowing that you really want the
car but need the price to drop significantly to be able to afford
it, pitfalls are everywhere.
- Private
Sale - Buying a car from a private seller usually works
well for both the seller and the buyer. By cutting
out the middleman, both parties win. You can get some
good prices, buy you won't have any comeback if there's
a problem, save for whatever remains of the manufacturer's
warranty (if anything).

- Used
Car Dealer - The traditional used car dealer has something
of a bad image and, to be fair, some used car salemen do
deserve this less than perfect reputation. However,
there are reputable dealers around and, should you buy from
one, you might pay a little over the odds for the car, but
you should get some form of warranty in case there are problems.

- Car
Supermarket - Throughout the country, there are numerous
car supermarkets who specialise in selling second hand cars
at reasonable prices. These places aim to make a
profit by selling as many cars as they can, each one with a
relatively small margin.

- Online
Auction - The internet has several auction sites where
you can buy or sell a used car. It is possible to
pick up a car at a really good price, but make sure you
know what the car is really worth and don't bid more than
you can afford.

Of
course, once you've decided what car to buy, you'll need to know
how you will finance the purchase and
insure it. Taking the Pass
Plus course can help reduce the cost of insurance.
Whatever
car you do end up buying, it is worth taking out breakdown
recovery cover and making sure you
carry out the basic everyday
maintenance the car will need.
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