GET A BETTER DEAL WHEN BUYING A CAR
Here’s how to avoid getting ripped off…
IS A CAR LOAN FROM THE DEALER THE BEST WAY TO GET FINANCE?
Don’t automatically get your loan from the car dealership where you wish to buy your car – it might not be the best deal for you. Instead, do your research first by comparing loans online. There are a number of options available, from a secured car loan to hire purchase. Compare at finder.com.au
CONSIDER ELECTRIC
Should you make the switch to an electric vehicle? Weigh up the costs: yes, electric vehicles can be expensive, the challenge for car manufacturers is in keeping battery costs down. If you look at it long-term though, you will get savings from that initial investment as electric vehicles are cheaper to run.
And, of course an electric vehicle will create a lower carbon footprint over the course of its lifetime.
DON’T FALL FOR SHINY & NEW
Yes, that new car on the ad looks very attractive but consider “as new” instead. According to the NRMA, new cars typically lose around 30 per cent of their value in the first three years. Some lose more than this, while other popular models (private sales, not fleet models) often lose less. As a result, it’s possible to save on a newish second-hand car.
ASK FOR THE USEFUL ADDED EXTRAS IN THE TOTAL PRICE
Do you really need paint protection and rust-proofing? You don’t if it’s a new car, as that’s already done on the production line. Don’t fall for useless added extras. According to choice.com.au, the ones you should consider include floor mats and a full-size spare tyre. Consider mentioning these when making that final purchase.