New Car Deals are not all about the Price

Jan 29
21:22

2017

Neal Weaver

Neal Weaver

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Once you've decided what type and size of car you want you should work out how much you can afford to pay for it, if you have savings you may choose to buy a car outright rather than having to pay a monthly payment for a fixed term, it’s fair to say that the majority of new cars deals snapped up by customers in the USA are financed rather than paid for outright. You may also wish to consider other costs associated with the car, such as insurance, breakdown cover and servicing costs.

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New car deals it’s not all about the price. You've probably already convinced yourself it’s all about price but stop and think for a moment,New Car Deals are not all about the Price Articles are price all that matters? the answer is probably no, after all if you end up with a car that ether doesn't do the job or you're not comfortable with would you really have got what you wanted.

So firstly to help you choose one of the best new car deals you should decided what you want out of a car, the best way to do this is to think about what you will be using the car for, how often you will use it and how many people you need to be able to cater for, as an example if you've got a growing family a small 4 seat car probably wouldn't do the job and equally if you live alone and rarely have to cater for any passengers then a large 7 seat people carrier would be pretty pointless.

You should also decide if you'd prefer a petrol or a diesel, it’s also always good to check the manufacturers estimated mpg in order to get an accurate picture of the cars running costs. You may also want to consider how quickly the car is likely to depreciate over time as this can wipe up to 40% off the cars value after only 3 years.

Once you've decided what type and size of car you want you should work out how much you can afford to pay for it, if you have savings you may choose to buy a car outright rather than having to pay a monthly payment for a fixed term, it’s fair to say that the majority of new cars deals snapped up by customers in the USA are financed rather than paid for outright.

If your opting for finance you need to work out how much of a deposit you can afford to pay upfront, the deposit you pay will affect how much your monthly payments are and possibly also the duration of your finance agreement. One thing to bear in mind is that some types of finance have a set yearly millage with an additional charge per mile for exceeding this so it’s important to think about where you'll be driving to and how many miles your likely to clock up in a 12 month period.

You may also wish to consider other costs associated with the car, such as insurance, breakdown cover and servicing costs. If you are choosing one of the many new car deals available on finance most companies are able to tailor make the package to suite your needs and budget, some companies even allow you to incorporate maintenance costs in to your monthly payments which makes it easier to work out what your total monthly motoring costs are likely to be.