The global economic downturn has had a significant impact on the car market. The credit crunch has many dealers dropping their prices on brand new models, whereas quite a few second-hand cars have been going up in price. It’s a confusing situation, there’s no doubt about it. The instability of the car market has many potential buyers puzzled over whether they should be test driving a new or used car when they visit their local dealer.
Needless to say, there are many great second-hand deals out there waiting to be snapped up. However, here are some new competitively priced cars you should consider before visiting your local dealer and conducting some tough negotiations!
Shopping around for a family estate? The Vauxhall Insignia Sports Tourer 2.0CDTi 160 ecoFlex Exclusive is a stylishly comfortable car that is quite sporty for an estate, making it an extremely desirable vehicle. Despite large cars suffering significant depreciation, resulting in good second-hand deals, the Insignia is being sold at competitive prices by Vauxhall dealers, making a brand new model worth haggling over. Approximate cost per month: £580.
Maybe a people carrier is more your style? The beautiful handling of the Ford C-Max 1.6TDCi Titanium makes it a joy to drive, while the stylish interior and overall sportiness of the design ensures it is easy on the eye. Managing around 61 miles to the gallon, the Ford C-Max is a cheap to insure model too. Try your local Ford dealer and make them an offer. Approximate cost per month: £440.
The city driver will want an inexpensive city car and there are many to choose from. However, racing in for your consideration is the small but rather cool Renault Twingo 1.2 16v Bizu, a great little car that is rather more stylish than other models in the city car category. With a slow depreciation rate it is best to try negotiating with your local Renault dealer on a new Twingo. Approximate cost per month: £220.
For the environmentally conscious driver, a hybrid car could be just the vehicle you’re looking for, helping reduce the carbon footprint and save our planet. Of all the models out there, the Honda Jazz 1.3 IMA HE Hybrid CVT is great value for money, with relatively low running costs. You’ll also get a respectable 63 miles per gallon on average. Compact yet spacious inside, it’s a competitively priced gem. Approximate cost per month: £365.
Rural drivers love a 4X4 to navigate the country roads in. There are some magnificent models to ponder, but the Land Rover Freelander 2.2 TD4S perhaps leads the pack through sheer build design and robust reliability. Averaging 45 miles per gallon, the Freelander retains its value extremely well, so comparing brand new models with available second-hand deals is a sound idea. Measure up payment plans with the approximate cost per month of around £500.
If you wish to splash out on a premium executive, the stunning BMW 520d SE is a luxurious high class saloon, which incorporates some seriously stylish features like leather upholstered seats, air conditioning and razor sharp handling. Yes, it comes at a cost, but check the BMW special finance rates closely. In the past, these have made it more economical to buy a new BMW than a 1 year old used model. Approximate cost per month: £630.