Tag: car-buying

5 Things You Never Knew About Buying a Car

5 Things You Never Knew About Buying a Car

Automobiles
Buying a car is both exciting and daunting—and with all of the time you spend researching and narrowing down your search, you expect your investment to pay off in a big, 3,000 pound way. The hard truth about car-buying is that there are a number of variables that may stand in between you and your dream car. From dealer to dealer, it can feel like everyone has their own set of rules when it comes to pricing, negotiation and trade-in values. Save yourself from being railroaded by a greedy salesman by equipping yourself with these little known facts you never knew about buying a car. 5. Car-buying timing matters No, it’s no myth! Timing is everything when it comes to car-buying. Seeking out or waiting for good sales and deep discounts can save you a lot of money on new cars for sale
Why Car-Buying, Car Finance Deals On Rise In Britain

Why Car-Buying, Car Finance Deals On Rise In Britain

Automobiles, Business, Finance
Even though the prices of new cars have gone up in UK in past five years, but car-buying and driving those have become cheaper. Thanks to the financial engineers for inventing new ways of borrowing money, new way of car finance, new deals to attract more customers. Britons had never before seen such a boom in car-buying and data of 2016 reveals there were record 31.6 billion pounds money borrowing in the segment and the deals offered have become a major concern for Bank of England and the Financial Conduct Authority (FCA) as well. Let's find out whether car buyers need to be concerned too. Earlier car-buying was like going to bank and apply for a car loan. The other way was opting for Hire Purchase (HP) contract. However, in 2016 more than 80 percent of the car finance deals w...