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6 Tips to cinsider when buying a car during the credit crunch...

If you are buying a new car you need to think about what you need from it. It's all too easy to think the new Audi convertible looks great, but will you fit your kids in? Where will the car seat go? Will you fit your weekly shop in the boot?

When you are looking for a new car or a new car finance deal it's important to set your budget. Think about not only the car lease payments, but also the running costs of your new car such as car tax.

When looking for car finance and you are trying to decide on an IFA go for one who has a good reputation � often they will display testimonials on the website so try to look for one who have either saved clients money or have a good reputation.

Did you know you can refinance the car you already own? Whether it is currently funded by another loan or all yours, you can release the equity in your car with a car refinance deal. As with credit cards and bank loans, this could save you money.

If you are in the position of already having found the car you are looking for, say through a dealer, on the web or your local newspaper or dedicated car selling magazine you should look around for a competitive finance deal to save you money in the long run.

Stick to your budget! If petrol prices rise, will you still be able to run the car? What about other expenditure rises? It is always sensible to make sure that you are protected should your circumstances change too.



Category: Car Loans

6 Tips to cinsider when buying a car during the credit crunch was written by:

Author:Spot Biddle
Added: Wed, 25 Jun 2008 05:35:47 -0400
This Article Has Been Read 35 times

View all Spot Biddle's articles

About the Author: Youngs Chartered Surevyors - The land and Property specialist. Chartered Surveyors in Northumberland, Property Valuation. Mancala Technology are specialist in Internet Marketing.
Website: www.mancala.co.uk

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