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How To Buy A Cheap Car: 7 Tips The Trade Doesn't Want You To Know

By: Mark Stephens

Not everyone wants to buy a 'cheap' car, but no-one wants to pay too much, right? We all want to think that we've got a bargain, even if we've just bought a 50,000+ Range Rover. But finding bargains at any level when it comes to cars isn't always easy - but it can be!

What you really need is some 'insider information'. Someone in the know, who's going to tell you just where the bargains are, and how to get them. Now a former dealer with 23 years of experience breaks the code of silence, and tells you how to save a fortune the next time you want to buy a car.

Knowing the right time to buy a car can be worth hundred, possible even thousands of pounds, because four times a year, like clockwork, almost every manufacturer gets desperate for business. The last week of March, June, September and December they all fight to get a higher placing on the published lists of best selling cars, and give hundreds or even thousands of pounds extra - buy that week and you bag a bargain!

The easiest saving that you'll make when you visit a main dealer is to ask what company cars they have for sale. One of the perks of a job a car salesman gets is a company demonstrator. But when a new model or reg plate is out, the salesman will sell their own car for next to nothing to get a new one themselves!

When manufacturers put bonuses on to get more registrations, some dealers will register 10, 20 or even more of these cars in their own name to hit targets. Then they'll offer these 'pre-registered' cars at knock down prices to clear their stock before starting the game all over again, The cars are brand new and haven't moved an inch - but they could be two or three thousands pounds cheaper than list price.

Using the dealers own finance company is also a way of saving money when you're buying a car. Most manufacturers have their own finance company that they either own outright or have a partnership with a bank. Their rates are priced to make a car look attractive to you, and they will almost always be cheaper than the bank - all you have to do is ask for their best rate.

Most people when they buy a new car have one to put in part exchange, but very few people get the best price for it, even though you already know how - you just don't know that you know it. When you go to buy a car, you expect it to be clean, smelling nice, without any scuffs or scratches, right? Well if your car is clean, smelling nice and well polished a dealer will fall for your car the same way that you fall for theirs - just make it look the best you can, and you'll get the best offers!

Don't just stick to new cars either. You can save a fortune buying something that is six months old with four or five thousand miles on the clock. There's an entire industry built around this - it's called remarketing. Essentially, the giant rental companies like Hertz and Avis sell their six month old cars to dealers through either existing ties or 'closed auctions'. These cars are cheap because of the huge discount they get from car manufacturers for buying in bulk - sometimes thousands of cars at a time. They run them for a short while, then sell them at a profit to dealers, and it's here that you can save really big money, because these cars really are as good as new, with long manufacturers warranties and in tip top condition.

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Not everyone wants to buy a 'cheap' car, but no-one wants to pay too much, right? We all want to think that we've got a bargain, even if we've just bought a 50,000+ Range Rover. But finding bargains at any level when it comes to cars isn't always easy - but it can be!

About Mark Stephens: After 23 years selling all makes of new and used cars in the UK, Mark Stephens will tell you how to buy a cheap car with the peace of mind of buying from a main dealer. There are more top tips on his website.
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