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Top tips for buying a car at Christmas

Are you thinking of buying a new car just in time for Christmas? Or have the perfect motor in mind for a loved one? Don’t get caught out this Christmas! Make sure you get the best deal possible with the top tips on buying a car around Christmas time from UK Car Finance.

Buy a convertible in the winter

We know this one sounds ridiculous, but it actually could be really beneficial! When summer is approaching, everyone wants a convertible to get them into the summer mood! Usually, there is less demand for convertibles in the winter, so you could bag yourself a bargain when buying at Christmas! Soft tops usually put people off because they think they’ll freeze to death when driving in the winter but convertibles have come a long way and they’re now more insulated than ever.

Less is more

December is usually the worst month for sales at car dealerships. However, less demand for cars, could mean more savings for you! Some dealerships will be desperate to hit their sales target before the end of the year so they are more likely to offer you a good deal! It’s also worth mentioning that dealerships are usually less busy on weekdays and also sometimes have weekly sales so shopping on a Friday could be a perfect time for you!

Bag a new car bargain

New cars come out in March and September every year and you’re probably wondering what this has got to do with buying a new car in December, right? Well, not every new car flies out of the showroom in September and usually the longer a new car sits on the pitch, the worse it is for a dealer. So, December could be a great month for you to get a good deal on a new car that’s only a couple of months old.

Spread the cost

Buying a car on finance could be a life saver for you this Christmas! Many dealerships or car finance companies will ask for a hefty deposit when buying a car on finance. But did you know you can get no deposit car finance and even pay nothing for up to six weeks? With this in mind you could be driving around in your new car just in time for Christmas without even paying a penny!

Do your research

With any decision in life, you should make sure you make it an informed one! When buying a car, you should do your research first. Don’t be afraid to shop around, the first bargain you come across might not be for you. If you’re shopping at a dealership, visit a few and let them know of the other deals you have been offered, they will want to compete for the best deal.

Is it better to buy used?

Used cars do tend to be cheaper to buy however there is a lot of stigma around used cars, people tend to think used cars have been battered and bruised and probably being sold for a negative reason, but that’s not always the case! If you’re buying from a reputable dealer, most used cars go through a full check before they are sold and cars in general are much more reliable these days! Most people only get rid of their car because they want an upgrade or their circumstances change, not because the vehicle is on its last legs! Just because you’re buying a car for someone as a gift, doesn’t mean it has to be brand spanking new either!

Do your depreciation research

Depreciation is a word that is becoming increasingly popular when talking about buying a new car. Simply put, the depreciation value of a car is how quickly a car loses its value after you’ve bought it. You can’t avoid deprecation, it happens to every car. However, there are a number of things that slow down the rate of depreciation such as keeping your mileage down, looking after your car, fuel economy, road tax, number of owners and more! Make sure you do your deprecation research on makes and models you are interested in before you commit to anything.

Pay the right price

No matter what time of year you buy a car, you want to make sure you are paying the right price for a car. Christmas is probably the most expensive time of the year so it’s crucial you don’t get ripped off. Make sure the deal you’re getting is actually legit. Sometimes if something seems too good to be true, it probably is. Make sure you check any paperwork twice and if something doesn’t make sense or you’re not sure, just ask! It can be really easy to get bogged down with car finance and dealership jargon.

Test drive

Taking a test drive of a new car is so important! Imagine buying the car of your dreams but then realising your hate the way it drives? If you’re treating yourself this Christmas, make sure you take a test drive of the car you want. Or if you’ve got a few in mind, test drive them all! If you’re buying it as a gift for someone else, take them along with you and let them test drive it! The only pitfall of this is if you’re buying it as a surprise for someone, check with the seller or dealership on their rules for this sort of situation!

Work out your budget

Getting a car for Christmas is really exciting but make sure you can afford all your monthly payments. If you’re getting your car on finance, using something like a car finance calculator is really beneficial. You can set your monthly budget, length of agreement and credit score rating and then find cars within your budget! You also need to factor in any additional costs that come with owning a car, this can include car insurance, breakdown cover, maintenance costs, road tax, any unexpected repair costs and fuel!

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