Used cars: shop around
As buying a car is one of the bigger financial commitments a consumer will make in their lifetime, this is all the more reason to shop around to get the best deal possible.
It is important to do your research in the following areas:
- Financial arrangements – if you are not a cash buyer, research the various financial packages available to you and know the details and cost of any agreement before entering into it
- Cash price – if you are a cash buyer, shop around for the best price and specification you can get for the car you want
- Trade-in – although you may be offered what looks like a good trade-in price, it is the difference between this and the cash price of the car that is important. This is known as the “cost of changing”, and remember that the best trade-in price does not necessarily mean the best cost of changing
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