If you are considering the purchase of a new Volkswagen phaeton London car then the first question you need to ask yourself if whether you want to but a new or used car. Furthermore, if you already have a car do you really need to change it at all? Here are a few pointers when it comes to considering the purchase of a new car.
Depreciation- This is often the hidden cost which people forget to think about. When you buy a new car, the biggest part of the depreciation takes part in the first twelve months. Therefore, whilst the temptation of a nice brand new shiny car may be attractive, buying a car which is twelve months old would be more cost effective.
Savings- by considering the purchase of a second hand car rather than a new one, you might find that you can afford a vehicle which has more power and specification. There are big savings to be had if you buy second hand.
If you buy from a respected dealer you will find that you get a warranty. Most will offer you a twelve month warranty and even if they don’t you could take out your own policy to ensure that you are never caught out.
If you really must have a new car then work out your budget carefully. Take a look at some online car sites which will give you information about car models “target price”. This means the price that car dealers are willing to sell the car for. You often find that the target price is heavily discounted compared with the list price.
Depreciation- This is often the hidden cost which people forget to think about. When you buy a new car, the biggest part of the depreciation takes part in the first twelve months. Therefore, whilst the temptation of a nice brand new shiny car may be attractive, buying a car which is twelve months old would be more cost effective.
Savings- by considering the purchase of a second hand car rather than a new one, you might find that you can afford a vehicle which has more power and specification. There are big savings to be had if you buy second hand.
If you buy from a respected dealer you will find that you get a warranty. Most will offer you a twelve month warranty and even if they don’t you could take out your own policy to ensure that you are never caught out.
If you really must have a new car then work out your budget carefully. Take a look at some online car sites which will give you information about car models “target price”. This means the price that car dealers are willing to sell the car for. You often find that the target price is heavily discounted compared with the list price.
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