How To Stop Losing Money When Buying Cars

When you’re looking to buy a new car, it may seem like you’re fighting a losing battle.
They immediately begin to lose value as soon as they roll off the forecourt, they’re prone to breaking down and, on top of all that, they require many additional costs in the form of petrol, oil, insurance and repairs.

So, you might be sat there thinking, “How can I possibly save money in this scenario?“ Well, this month, the team at Auto Exhausts & Tyres are going to help you do just that.

New or Used?

This is an argument that is still raging on between experts, however, we think there’s a winner.

Here’s the case for buying new:

• Reduced maintenance cost: when you buy new, the chances are your vehicle won’t need maintenance for the first few thousand miles, and even then, no major changes will be required. Tyres, batteries, exhausts: you shouldn’t need to worry about these in the short term.
• Warranty coverage: when you buy a car new directly from the manufacturer, you benefit from a manufacturer’s warranty. That is, if something goes wrong with your car in the first several years, it will be the manufacturer’s or the dealership’s job to fix it.

Here’s the case for buying used:

• Still reliable: although used vehicles might not get the same warranty options as new ones, they are much better value. What’s more, if you buy a late-model used vehicle, you might find that original factory warranty is transferable to the second owner – meaning you can get the best of both worlds!
• Nearly new: With the rise of certified pre-owned programs, it’s much easier to strike the perfect balance and get a high-quality, nearly-new car. Since the programs started with luxury brands such as Mercedes, it’s become a popular option amongst buyers.

So, unless you’re enamoured with the idea of buying new, we’d suggest going with a late-model used car; you can still get many of the benefits of buying new, while still saving a great deal of cash.

Do Your Research

One mistake many people make is, after not doing any research, turning up to the dealership and trying to figure out what car they want on the fly.
This is bound to end badly, largely because shiny cars and silver-tongued sales-folk will end up influencing your decision heavily. So, to avoid this, get online and do some research. Consult forums, read blogs and magazines – anything that helps you amass knowledge on what car you might like, and the best place to get it.

So, if you put all of this into practice, you will be well on your way to getting a nice car, while still having cash in the bank.

Auto Exhausts & Tyres offer the highest standards at the greatest prices when it comes to servicing your car. Be it a full car service or a shorter interim one, our fully trained and experienced mechanics will ensure your car is in the best shape and up to scratch with industry regulations. For more information, or to book a car service at our garage in Lincoln, contact our friendly team today.