Best Month To Buy A New Car – Image via kiadealersnj.com
Best Month To Buy A New Car – The attractiveness of having a car is said to decrease with the proportion of new riders using alternative means of transportation or unable to afford a new car.
Research by Drover claims that a fifth (22 percent) claimed to be bored in just 30 days of purchase, with 14 percent saying it happens in just 10 days.
Best Month To Buy A New Car
However, millions of people rely on their cars every day, whether it’s for work or for the family or anything in between.
The current car landscape is confusing because diesel cars can be removed and replaced with electricity and in the next decade we may not even drive ourselves anymore.
Until then, however, carwow sites buying independent cars have compiled the top five tips for bagging a good price for your next car and saving money in the long run.
1. UNDERSTAND YOUR USE
Drivers need to understand how much they use their cars and especially what they use for before plunging and buying a new car.
Due to the anti-diesel narrative and the fear of CO2 emissions of gasoline rumbling on many drivers may be tempted to switch to electricity.
However, if you do a lot of motorway or long-distance driving, diesel can be a more fuel economy option and will save money for operational costs. Despite the hysteria around the diesel, clean diesel engines are available and less environmentally damaging than most people think.
Similarly, a more affordable electric car may not be able to take long distances as easily as a diesel car without the need for long charging time.
However, if you prefer to bite the city, driving eco-friendly models is your best choice. While the initial cost of the car can be higher, you will save a lot of operational costs because the price of your vehicle charging – especially during off-peak hours – will save you a little money.
The average cost for electric car power works at two cents per mile, compared to 20 cents per mile for gasoline and 21 cents per mile for diesel.
2. CASH IN WLTP
WLTP refers to the World Harmonized Light-Vehicle Test Procedure which is a new emission test introduced by the government to standardize the system and stop potential misuse of the rules.
This is good news for smart buyers because September dealers can not sell any cars that do not meet the standards as ‘new’ and therefore offer excellent deals for good new stock vehicles. Keep your eyes peeled for hot deals on diesel vehicles over the coming months.
3. GO GREEN, GET GRANT
Getting ready for an electric or hybrid car, but can not bend the price? Think again. One in three steady drivers are unaware that they can save as much as £ 4,500 for an environmentally friendly car, thanks to government assistance.
Depending on vehicle emissions, mileage and battery warranties, the government promises to help drivers who want to use electricity, as the country prepares for all new cars into electricity by 2040.
As an added bonus, the new home-charging point technology enables energy storage to allow owners to resell unused electricity to the National Grid at peak demand.
4. FINANCE vs LEASE
Four out of five new car buyers are now choosing to purchase their vehicle with a Personal Contract Purchase plan (PCP) or using Personal Contract Hire (PCH). One of these payment methods allows customers to drive with a new vehicle, but can cost far less than buying a car – even at the end of the contract.
The PCP package allows the driver to fully utilize the new vehicle for an agreed period of time. The initial deposit is paid in monthly installments to be followed and the option to make one last balloon payment to buy the car directly at the end of the contract. Monthly payments make car costs much more digestible. carwow has developed a useful
The PCP calculator helps buyers estimate what their monthly PCP payments are like.
PCH plan is very similar to PCP; the only difference is that customers are not given the option to buy a car directly at the end of the contract. Instead, they can take new contracts on other new cars. This often means the customer never paid the full value of the vehicle.