Click me
Transcribed

Tips for Buying a Car

Tips for buying a car UK Adults Car Budget Budgets for these cars lean towards either end of the price spectrum1 £16,771 is the intended spend for a brand new car. £10,685 20% % of UK adults and what they would spend on a car the average amount a UK car buyer intends to spend on a car.' 15%- 10%- £5,445 5%- is the intended spend 1 for a second-hand car. 0%- £70.7bn £0 £9,000 £2,0000+ the total intended spend on cars over 6 months (March - August 2013) 2 Tips for Buying New Cars 1 Check what deals and discounts are available elsewhere and ask sellers to match them. 2 If part-exchanging, know what your car is worth and haggle up the price. Dealers will usually pay 'trade' prices, which will be less than you'll get by selling privately. It can be easier to haggle towards the end of the month as sales staff will be closer to their sales target. 4 Ask for extras. Getting alloy wheels, air conditioning or even mats and mud-flaps for free, can be a significant saving. If you're taking out finance, dealers may be more willing to offer discounts as they can offset the commission they'll get from the finance lender against money off or extra equipment. 6. Dealers will always be keen to shift older stock, so check if a newer model is about to be released. Tips for Buying Used Cars 3 1 A car history check will show if the car was in an accident, stolen or has outstanding finance against it. Don't risk your money without ensuring the car is fit for your purposes. Areas of the car which require maintenance or faults found during a test drive are good rea- sons to ask for a discount. 3 ON OE BUSINESS USE Incomplete documents make a car's history less certain and so should lower its price. eceipt of a the option to complete ether part or XPENSES HAVE BEEN KEPT fuel and maintenance coste) you may only complete art 4 to calc 4. Any modifications that have been carried must be to a high standard as some modifications can devalue a car. Sources 1) Data is taken from Sainsbury's Bank car buying index - research commissioned by Sainsbury's Bank and based on an online survey of 2,028 GB adults conducted by ICM Research between 25-27th January 2013, unless otherwise stated 2) Pro-rata calculation based on data taken from Sainsbury's Bank car buying index 3) Information taken from: Trader Media Group: Quarterly Owners Guide Haggling with Sellers - www.autotrader.co.uk How to Negotiate a Car Sale - www.whatcar.com Produced by Sainsbury's Bank Makes shopping more rewarding Sainsbury's Finance is a trading name of Sainsbury's Bank plc. Sainsbury's Supermarkets Ltd is an appointed representative of Sainsbury's Bank plc. Sainsbury's Bank plc, Registered Office, 33 Holborn, London EC1N 2HT (registered in England, no. 3279730) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (register no. 184514), except for Credit Cards & Loans where we are licensed by the Office of Fair Trading (OFT) license no. 421897. 2] Tips for buying a car UK Adults Car Budget Budgets for these cars lean towards either end of the price spectrum1 £16,771 is the intended spend for a brand new car. £10,685 20% % of UK adults and what they would spend on a car the average amount a UK car buyer intends to spend on a car.' 15%- 10%- £5,445 5%- is the intended spend 1 for a second-hand car. 0%- £70.7bn £0 £9,000 £2,0000+ the total intended spend on cars over 6 months (March - August 2013) 2 Tips for Buying New Cars 1 Check what deals and discounts are available elsewhere and ask sellers to match them. 2 If part-exchanging, know what your car is worth and haggle up the price. Dealers will usually pay 'trade' prices, which will be less than you'll get by selling privately. It can be easier to haggle towards the end of the month as sales staff will be closer to their sales target. 4 Ask for extras. Getting alloy wheels, air conditioning or even mats and mud-flaps for free, can be a significant saving. If you're taking out finance, dealers may be more willing to offer discounts as they can offset the commission they'll get from the finance lender against money off or extra equipment. 6. Dealers will always be keen to shift older stock, so check if a newer model is about to be released. Tips for Buying Used Cars 3 1 A car history check will show if the car was in an accident, stolen or has outstanding finance against it. Don't risk your money without ensuring the car is fit for your purposes. Areas of the car which require maintenance or faults found during a test drive are good rea- sons to ask for a discount. 3 ON OE BUSINESS USE Incomplete documents make a car's history less certain and so should lower its price. eceipt of a the option to complete ether part or XPENSES HAVE BEEN KEPT fuel and maintenance coste) you may only complete art 4 to calc 4. Any modifications that have been carried must be to a high standard as some modifications can devalue a car. Sources 1) Data is taken from Sainsbury's Bank car buying index - research commissioned by Sainsbury's Bank and based on an online survey of 2,028 GB adults conducted by ICM Research between 25-27th January 2013, unless otherwise stated 2) Pro-rata calculation based on data taken from Sainsbury's Bank car buying index 3) Information taken from: Trader Media Group: Quarterly Owners Guide Haggling with Sellers - www.autotrader.co.uk How to Negotiate a Car Sale - www.whatcar.com Produced by Sainsbury's Bank Makes shopping more rewarding Sainsbury's Finance is a trading name of Sainsbury's Bank plc. Sainsbury's Supermarkets Ltd is an appointed representative of Sainsbury's Bank plc. Sainsbury's Bank plc, Registered Office, 33 Holborn, London EC1N 2HT (registered in England, no. 3279730) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (register no. 184514), except for Credit Cards & Loans where we are licensed by the Office of Fair Trading (OFT) license no. 421897. 2]

Tips for Buying a Car

shared by Suzy on May 25
116 views
1 shares
0 comments
Are UK adults still planning on buying cars? Yes, according to research by Sainsbury's Bank. This infographic looks at the UK's car buying intentions and also offers some great tips on buying new and ...

Category

Transportation
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size