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When Buying New is Better Value than Buying Used…

This is not something I ever expected to say, but… SOMETIMES buying a new car is better value than buying a used one.

The Current Situation

As you’ll have heard in the news, new car sales are at a 50 year low. Many manufacturers have halted production and/or cut jobs, but of course this is GREAT news for car buyers, as the dealers will now do anything to get you to order a brand-new car.

Now, this entirely depends upon what car you are looking for. Good luck trying to get much money off a new Fiat 500, however with luxury cars, 4x4s and a number of surprisingly ‘normal’ cars, the world is your oyster.

An Example

A friend of mine recently asked us to find him a nearly-new Audi Q7:

    • List price new = £47,145.50

 

  • What most dealers were asking for an 18-month-old car = £33,000.00
  • The discounted price of a brand new one from his local Audi dealer = £39,547.50

 

Yes, it is still more expensive to buy a new car, but not by much. And if you are planning on spending £33,000 on an 18-month-old car, an extra £6,500 for a brand-new one is very tempting!

The Moral of the Story

Don’t automatically assume that a brand-new car is out of your budget. Always find out what ‘new car’ deals are out there before you start your search for a used car. After all, you never know if you don’t ask…

And there are also a number of very credible Internet-based suppliers who will knock a huge amount of money off even the most eager dealer’s best price!

Wishing you good Carma!

Ashley Winston
(Founder & Owner)

At Palmdale we specialise in taking all the hassle out of the car buying process:

 

  • YOU tell us exactly what car you want
  • WE search for every available car in the UK that meets your description
  • WE negotiate with the seller
  • WE make sure that the car is perfect
  • WE collect the car and bring it to your door
  • YOU enjoy your new wheels for many years to come

These newsletters are our attempt to teach you everything we know about car buying; however, if you would like us to find and buy your next car for you, all you have to do is ask!