Car sales in the UK have declined in recent years, which means now is a great time for buyers to find good new car deals. Whether you want to buy from an auto dealership or a private seller, here are some tips to help you get the most out of your money.
Where To Find New Car Deals in the UK?
If you’re in the market for a new car, UK Car Discount is a great choice. As an online car dealership with over 18 years of experience, they have a proven track record of delivering high-quality service and significant savings to our customers.
They have sold over £120M worth of new cars sales online, demonstrating our expertise and commitment to customer satisfaction.
They understand that car buyers want the best price without the hassle of negotiating with a salesperson, and that’s why we offer the best price the first time, without any hidden fees or charges.
With UK Car Discount, you can trust that you’ll get a fair new car deal in the UK and a hassle-free buying experience.
Do Thorough Research on Models and Prices
The first step to getting a good deal on a new car is researching your options fully. Check websites that offer details on specs, reviews, and pricing for various makes and models you’re interested in. See what features come standard and which are optional on different trim levels. Then compare prices at different dealerships and private sellers to determine a reasonable price range for any models you’re serious about purchasing. The more informed you are, the better able you’ll be to determine if an offered price is fair or too high.
Check Your Financing Options
Your financing options and credit score will impact what kind of deal you can get. Visit your bank or credit union to get preapproved for an auto loan, and check your credit score/report for any errors. With preapproval and a high score, you’ll be in a good position to negotiate the overall best deal, whether through the dealer’s financing division or using outside financing. Focus on the APR and total end cost, not just monthly payments.
Look for Current New Car Deals and Incentives
Most major auto brands frequently offer deals like cash rebates, zero or low-interest financing, or lease specials. Check their websites for the latest new car deals and sales to see what you may qualify for. Even without deals, you can still negotiate with the dealer on price. Do some price comparison for the specific car you want to determine a fair range to aim for.
Negotiate the Best Deal
Now you’re ready to negotiate the best overall deal you can. Don’t feel pressured to accept the initial offer, and remember you can always walk away. Negotiate on the price of the car, APR for your loan, extras like an extended warranty, and the value of a trade-in if you have one. Come armed with the knowledge from your research and financing pre-approval. Make a reasonable counteroffer, referencing similar local deals/prices you’ve seen. Be willing to compromise to reach an agreement you’re happy with.
Read Carefully Before You Sign
Never sign anything without reading it first. Review all paperwork carefully to ensure everything matches what you negotiated, like the agreed-upon price, APR, loan length, down payment, and all fees. Ask any questions you have to make sure you understand fully. Get copies of everything in writing for your records. With diligent negotiating and reading, you can drive away with a great new car deal that saves you money. Keep all documentation in case of any issues with your purchase down the road.