www.worcester.ac.uk/moneyadvice
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www.worcester.ac.uk/moneyadvice
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Contents
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Introduction
Year old cars are MUCH cheaper than new cars
Do your research
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Cheapest Cars to Run
Smaller engines can be cheaper
Petrol cars tend to be cheaper than diesel
Manual cars are cheaper than automatic
Hybrid cars are cheap to run, but cost more to buy
Check CO2 emissions, as it affects the road tax you pay
Smaller cars are cheaper to insure
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Finding the Right Car for You
You also need to think about what you personally need in a car:
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Car Budget
Insurance and Car Tax Rates
Additional Costs
Finance
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Car Budget Checklist
Have you factored the following costs
into your budget:
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Where to Buy a Used Car
Dealers – franchise and independents
Pros of buying through a dealer
Cons of buying through a dealer
Buying from a private seller
Pros of buying privately
Cons of buying privately
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Car auctions
- Live car auctions
Pros of live car auctions
Cons of live car auctions
- Online auctions
Pros of online auctions
Cons of online auctions
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Best Time to Buy a Used Car
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Safety Measures Viewing the car
Always check the car's history
Car purchases are NOT protected on eBay
Pay something toward the car on a credit card
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Car Inspection
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Have you checked:
Car Inspection Checklist
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Test Drive
Test drive tips
What to look for?
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Test Drive Checklist
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Paperwork Logbook or V5C registration document
MOT
Service History
Garage Bills
Sales Contract
Finance Package
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Paperwork Checklist
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Negotiating a Price
Buying from a dealer
Buying privately
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Taking Ownership of Your New Car
Before you hand over any money
Car Insurance
What about tax?
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Ways to Legitimately Cut Your Car Insurance
Avoid modifying your car -
Tweak your excess -
Family and Friends can lower premiums -
Don’t overestimate your mileage -
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Garages and Repairs
Choosing a garage
Things to remember
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Acknowledgements
Information in this guide was sourced from:
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