The number of people looking at the finance and leasing of a new car has taken a sharp decline over recent months. This is even more the case as far as brand new vehicles are concerned and this is mainly down to the apprehension that people hold towards the general economy at this moment in time.
If you have no other option than to finance a new vehicle, it may work out best to purchase a used car that is between three and five years of age. Statistically, this age of used car works out to be the best value for money. Not only are the average prices around half of what you would expect to find for a brand new model, but also the vehicle should have plenty of get and go left in it: meaning less MOT costs and unexpected repair charges.
This is an area that I have had plenty of experience in and over a number of years now, I have tended to find that smaller, independent car show rooms can work out to be the best value for money. There are larger organisations that advertise on the TV and these do look to be highly reputable: but you will be paying for their advertising campaigns and will not get such a good deal invariably.
Your best bet would be to shop around for the type of vehicle that most suits your needs. Have the representatives from the show rooms run through what you would be paying, on their finance terms, and then see for yourself which option transpires to be the best for you.
