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Saving Money When Buying A Car

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Buying a new car can be such an expensive venture to undertake, and of course this can put you off attempting to invest altogether. A typical working family may never be able to afford a factory fresh vehicle, however you still need a good quality car that’s going to get you from A to B in the safest way possible. Luckily it is more than possible to save a considerable amount of money when buying a car, meaning that you can get a much better model than you might have originally thought. So, if you want to know more about what you can do to find the cheapest vehicle on the market, then read on to uncover some of the best tips and tricks that you can help you to get started today! 

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Consider Second Hand 

The price of a secondhand vehicle can be as small as a third of the amount you would spend on a brand new car, so this is one of the best ways that you can save yourself some cash. Just because a car has already been used, this doesn’t mean that there’s no life left in it! Most vehicles will function perfectly for many years before they start to pick up issues, so this means that there should be quite a range of cars for you to choose between. Visit auction sites and marketplaces on social media to find some of the best deals yet, as often owners are looking for a quick sale and can even be brought down in price for an even better bargain. There are also professional organisations such as Hilton Car Supermarket that have a wide range of used vehicles in very good condition, and their showrooms boast such a range for you to assess and try out. It’s important that you take a second hand car for a test drive before you commit to buying, as there may be an underlying issue that’s causing them to put it up for sale in the first place. 

Trade It In 

Trading in your old car when buying a new one can knock a considerable amount of money off your bill, and takes away the hassle of doing both separately and waiting for the right buyer or seller. When you get involved with a part-exchange, the dealership will value your current vehicle and take this number from your bill. They will then take your old car off your hands and provide you with a (much cheaper) newer model! 

Saving money when buying a car has never been so easy when you are able to take the top tips and tricks detailed above into consideration. Investing in a second hand vehicle can save you an extraordinary amount of money, but just remember to test drive the car to look for underlying issues before you commit to buy it. Trading in your old vehicle by part-exchange can take quite a large sum from your bill too, so this is a great idea to avoid the hassle of selling your previous car. 

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Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

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