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17.12 - 16:17
Car finance: how to get a deal on a new or secondhand vehicle
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The price of secondhand cars has rocketed, rising at “unprecedented rates”, according to the AA – amid a shortage of new vehicles rolling off the production lines. Incredibly, some models now cost more used than they would new. So even if you are going for secondhand rather than new, still make sure you’re not overstretching yourself.
Check on the prices, running costs and depreciation of different models using comparison tools on Parkers, and What Car? Once you’ve decided on a model, Cargiant.co.uk and Autotrader.co.uk are good places to start your search.
Don’t pay the list price. Dealers will often be looking to hit targets and may be able to juggle figures to increase their chances of closing a deal. Negotiate using the cheapest online
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