So you've decided you want a shiny new motor - congratulations! But where do you start? Here are some tips to consider when buying a new car:
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Determine your budget: Determine how much you can afford to spend on a new car. Make sure to include the cost of insurance, fuel, maintenance, and other associated costs.
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Do your research: Research the make and model of the car you're interested in. Look at reviews from professional sources (such as Whatcar, Carwow, Auto Express and Evo) and current owners to get an idea of the car's reliability, safety, and features.
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Take a test drive: Before you commit to a purchase, take the car for a test drive. This will give you a better idea of how the car handles, its comfort level, and any potential issues.
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Consider financing options: If you're financing your new car, research the different options including PCP, PCH, HP, personal loans etc. Shop around for the best rates and terms. Consider getting pre-approved for a car loan before visiting the dealership.
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Negotiate the price: Don't be afraid to negotiate the price of the car. Research the average discounts online of the car (using Carwow and new car brokers) and use that information to negotiate a fair price.
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Read the fine print: Make sure you understand the terms of the sales agreement, including any warranties and financing terms, before signing on the dotted line.
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Consider the long-term costs: Before making your final decision, consider the long-term costs of owning the car, including fuel economy, maintenance, and repairs.
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Don't rush into a decision: Take your time and don't rush into a decision. Make sure you're comfortable with your decision before making a purchase.
I hope these tips help you make an informed decision when buying your new car. Remember, Carfound can do all of this legwork for you and find you a great deal on your next car!