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How to Save Money When Buying Your Next Car

Oct 6 2009

Buying a car is the second biggest investment for most people. Therefore it would be helpful to know how to get the best deal. Whether you are planning on buying a new Volkswagen Golf - or any other car - the rules are the same.

First of all, the UK government has extended the scrappage scheme. But when opting for the scrappage scheme, remember the dealer may offer to sell the car against the scheme on the list price. So any saving on car finance will be clawed back by the dealer.

An unscrupulous dealer may increase the rate of the car finance to get back the two thousand pounds of the scrappage scheme. Popular cars dealers will sell the car at list price, whereas you could get a discount on the Fiat 500 or a MINI. So don’t get fixed on buying a particular car, keep your options open. Car dealers on the internet offer handsome discounts and you can save money buying a car from them. The only disadvantage is you may not get a choice of colour or trim level. Car supermarkets offer ´cars as seen´, so insist on checking out the car, and watch out for charges over the sticker price. Almost new cars are available at reasonable prices and you can save money on buying one. Don’t get blinded by desire and buy a car sensibly. Use your head, not your heart, when buying a car.

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