Finding the best deals has almost become a hobby for most people. Thanks to the huge range of resources that we now have at our fingertips, we have the chance to save lots of money. The bigger the purchase is, the bigger the savings are going to be. After a property, a car is usually the second biggest purchase that people have to make. For this reason, it is worth investing some time and energy into finding the perfect place to get a deal. A saving of just 4-5% could represent hundreds of pounds, which during hard economic times, are going to be welcomed!
Mortgages
You might not have considered this but a mortgage might represent the best opportunity to finance a car. If you have solid finances then a mortgage company might offer rates lower than 5% for a re-mortgage. The only way you will get a loan anywhere near this rate is to get a secured-loan, which in terms of commitment, is basically going to be the same thing. So before doing anything else, speak to your mortgage company and see what they can offer you. It is worth telling them straight away that you will be using this to purchase a car and only want to hear the best deal that they have to offer.
Comparison Websites
The next place to look is comparison websites. This is a one-stop shop when it comes to anything to do with finance. You will be able to find loans and car finance packages. You can directly compare more than 50 different suppliers. You can see the features they have on offer. The search function usually enables you to select and de-select options such as payment protection insurance, so you only get the offers that are directly suited to the needs that you have!
Dealerships
Out of all the places that are now offering finance, dealerships are certainly in the weakest position. Don't just pay the prices that they are asking for. If they won't reduce the APR or the cost of the vehicle, then they at least need to be throwing something into the package. This might be a tank of fuel, a GPS package or even some car mats. Make sure you get every single penny's worth. Value for money is out there, you just need to be able to put aside some time to search for it!