A beautiful, well-equipped car at an affordable price – who doesn’t want that?? To save money when buying a car, follow these 5 helpful tips for getting great deals and financing! This is how you can get your dream car at a particularly low price!
1) new or used car?
one of the first questions asked when buying a car is probably also one of the most important: "buy a car new or used??". In order to be able to resolve this ambiguity with a clear conscience, some important aspects should be taken into account when making the decision.
A new car offers individual equipment and the full warranty, but is also the most expensive option. In addition, the rapid loss of value in the first few years should be considered – a new car usually only makes sense in the long term. In comparison, cars with one-day registrations or demonstration cars are cheaper and still practically as good as new. You can save even more on annual cars and leasing returns. Older used cars are unbeatable in price, whereby these should be taken particularly well under the magnifying glass, in order not to lose too much money later on in repair costs.
2) where to buy your car
Buying a car on the spur of the moment is usually not a good idea, so you should always take enough time to research the model you want and compare prices. Car dealerships, used and new car portals on the internet and small ads are particularly suitable for this purpose.
In addition to brand dealers and authorized dealers, there are also independent car dealers where the savings can be greater. You can save the most money on the internet, with private sellers and abroad. In order not to lose out, however, greater caution is required and a closer look at possible defects is advisable.
3) simply find the right financing
car loans are intended for financing new or used cars as well as additional accessories. Non-purpose installment loans can also be used for this purpose, but these usually do not offer such a favorable interest rate as a special car loan. It is particularly advisable to compare the offers of both forms of financing in order to find the right loan. Simply enter the purpose "new car purchase" or "used car purchase" in the comparison calculator for car loans to compare both special car loan offers and financing offers that are not intended for any particular use!
You don’t have to buy and finance your car, of course, but can lease it instead. Leasing offers lower rates and often no down payment is necessary, but the car is only "borrowed". If you decide to finance the car, there will be less surprises in the costs and the car is and remains in your possession. When making this decision, it is also important to think in the long term.
4) buy a car and convince in the price negotiation
Whether it’s a used or a new car, if you can negotiate well, you can save a lot of money. With new cars, there is always room for discounts, and additional services or accessories such as better equipment or a free set of tires can be negotiated as an indirect discount. But even with used cars you can always talk about the price, but you should of course be well informed about the condition of the car and point out any defects. If you can pay cash, you can generally count on a further discount.
it is also recommended to hide your enthusiasm and rather point out the weaknesses of the vehicle. If you give the seller the impression that you are satisfied with the negotiation, you are more likely to be dealt a bad hand.
5) Save on car insurance, too
If the car is still relatively new or. If your vehicle is in good condition, it is advisable to take out fully comprehensive insurance. This is the only insurance that offers complete all-round protection for your vehicle! The legally required liability insurance usually only covers damage to vehicles by other road users and therefore only offers limited coverage. Partially comprehensive insurance also covers damage to your own car caused through no fault of your own.
no matter which variant you choose, you should always compare the offers of the providers. in the comparative calculator for car insurance this is easily done online and you can buy the insurance of your choice directly online. If you are already insured, you should check at least every two to three years to make sure you are not paying too much. If you find a better offer, you can easily change your insurance online!