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Buying a new car

Buying from a dealership

There are a number of advantages in purchasing a car through a dealership. They are experts on these vehicles and often manufacturers insist on certain standards. Often the main disadvantage is cost as these vehicles can be more expensive.

Buying a new car via an online broker

There are a number of websites set up to save you money on your new car. See our directory of new car providers [more]

Car Supermarkets

Car supermarkets often offer some of the cheapest deals around.  They work on the principle of scale.  There are hundreds and sometimes thousands of cars on offer and most can be driven away the same day.  Beware that you check if the vehicle is UK sourced or an import as supermarkets often stock imports which can be worth less at trade in.

When buying from a supermarket make sure that you check the following:

  • what warranty do you get - for more info on car warranties click here
  • the spec of the car - make sure its full UK
  • vehicle availability
  • Owner status - just because the vehicle is new you might end up being the second owner if it is pre-registered
  • Finally, make sure you check the finance deals are good value and any other extras.

Choosing a company car

Changes to tax relating to company cars has resulted in more people taking cash and buying their own vehicle.  Those staying in company car schemes are choosing more fuel efficient vehicles in order to reduce the tax burden.  Diesels and dual fuel vehicles have increased in popularity partly as a result in the changing buying habits of company car drivers.

To find out more about the exhaust emissions of any given vehicle

To calculate vehicle exise duty for a particular vehicle

Since April 2002 the benefit in kind calculation for a company car has been based on its CO2 exhaust emissions.  In addition vehicle excise duty is also calculated on CO2 emissions.

There are a number of websites that help company car drivers calculate whether they are better off taking the cash, a few are listed below:

  • LEX - company car tax guide

 

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