JPMG News

Buying a car? 2 tips you need to know

Trade-ins

You may have an older car to trade-in and you should consider what different garages are offering for your car. Again, shopping around for the best price for your trade-in car is the best option. Get independent advice as to what your car is worth before trading it in. A garage or dealer is likely to pay less for it than it’s worth on the open market, as they have to cover costs in selling it on. 

 

Finance

Often when you are buying a major item like a car you will need help to finance the purchase. You may decide to buy a car on hire purchase or borrow money to help pay for the car. You should always shop around for the best deal and remember that there is more than one way to finance the cost of a new car. Before getting a loan, you should read the Competition and Consumer Protection Commission (CCPC) website on buying a car - your finance options.