If you are thinking of buying a car however, this may actually be a good time to do it. Many car dealers have lowered the prices of new and used cars to stay in the game and remember what your Mother used to say? 'If you don't ask you don't get.' Be bold and ask for some free extras, if it means a sale, the car dealer is quite likely to throw a couple of freebies in.
Something that might also come in handy is trying to pick a car that will be cheap to run as no one can be sure of their situation in the future at times like these. With repossessed autos littering the car auctions lately, it might be wise to purchase something that isn't going to be a strain on your finances in the months and years to come. Unless of course, you're a premiership footballer, in which case you probably don't need to worry!
Some useful things to research when considering buying a car are miles per gallon, CO² emissions (some models have such low emissions that they are tax exempt) and how many years warranty the car dealer is offering. Some car dealers are also giving away free servicing for a certain amount of time after purchase, which is a great way to save money in the long run.
Before rushing into buying anything though, make sure you check how much it will cost to insure your vehicle. Insurance is a wallet emptier, so shop around for a model that won't end up costing you most of the price you paid for it in insurance. Amazingly, a select few car dealers are actually offering free insurance for the first year when you buy specific models. This is definitely something to research if you want to survive the big economic lottery and come out the other side with a decent car and a smile on your face.
Pete J Ridgard is a writer and a car enthusiast. He currently writes for the automotive industry. Here he discusses Car Dealers cars.
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