Car Buying Tips That Will Save You Money

If you’ve decided that you need a new car then you’re probably already thinking about ways to find the best deals. Buying a car is a huge expense, which is why it’s essential that you take the time to work out exactly what you need and what you can afford. Knowing how you’ll be using the car and what the running costs are likely to be are the first steps to finding the car of your dreams, and will ensure that you don’t go over-budget unnecessarily. If you’re in the market for a new set of wheels, then here are some top tips that will save you money and make it much more likely that you drive away in your perfect car.

Choose the time of year wisely

If you’re buying from a car dealership, then you have a good chance of finding a better bargain if you buy at the right time. Car sales is a competitive role, and there are targets to meet and bonuses available for those sellers that make the most sales. These bonuses could be the key to getting the best deal. Quarterly sales figures mean that the end of March, June, September, and December are the ideal time to walk into a car dealership, as these times of year will make the difference to the dealer trying to shift those last few units and bump their sales figures up. This makes it far more likely that you will be able to negotiate a better price or a better financial package.

Car auctions are a bargain opportunity

There’s always been a bargain to have at a car auction. That’s even more true in the digital age, as online car auctions have become the number one way to find yourself a vehicular bargain. Car auctions often result in some incredible bargains, and if you have a set idea of what you need and what your budget is, you stand a good chance of finding a car that is better than you thought you could afford. Sometimes, it can take a little patience to get exactly what you need without going over budget, but with the right awareness and the self-control to not overbid on a potential dream car, you’ll stand a much better chance of finding the car that you need for the price you can afford.

How much will it cost?

Far too many people spend right up to the limits of their car budget, and have nothing left over after the sale. This can be a costly mistake. Always make sure that your budget covers the extraneous costs that will come with the purchase of a new car. Look at the costs of fuel and insurance, and ensure that you can afford those as well as the up-front costs of the car itself. Check your living space as well, because if you spend all of your money on buying a car but then can’t afford the parking charges of your street, then you’re going to have immediate problems.

Saving money on a car purchase has never been easier. With the combination of a little preparation and knowing where to look, you could soon be driving the car you’ve always dreamed of, and all without going over budget.

Will Hopstetter
Will is an automotive market enthusiast living in the United Kingdom. He holds a diverse background in automotive and enjoys utilizing that to produce insights into the inner workings of the industry.