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It’s Now Time To Buy A Used Car

It’s Now Time To Buy A Used Car

Posted On 12 Feb, 2014

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You might think that when buying used, the time of year makes little difference. But that is actually far from the case.

For a start, the 2014 registration plates were released in the UK on 4th December 4 2013. Generally, the new set of registrations and their applications to actual vehicles from March 2014 is one of the elements that keeps the price of new cars higher.

So if you are canny, this can be an ideal time to pick up a used bargain. Equally, it’s about now that the new models and updated versions for the year begin to drift into the new marketplace. That more than anything else spells bargains in the used market, as prices fall rapidly, with newer models superseding and replacing last year’s top options.

This creates real traction in the used market and means you want to be thinking soon about taking advantage of how yearly trends alter prices. Quality used cars suddenly become cheaper, spiking their desirability and hence leading to price stabilisations, and even rises in a few more months’ time.

thisismoney.co.uk believes the start of the year, around January, is the time to buy; ‘The month offers a window of opportunity to snap up a bargain deal on a car, as a combination of fresh stock and a quiet period for car sales means dealers are more eager to sell.’

There’s a tiny bit more to all this too. It may sound like stating the obvious, but buying a 4×4 in the middle of winter is not wise, as that’s when they’re needed and hence more expensive. Time your purchase for the season when the vehicle you want is most out of sync.

‘The quest for a cheap set of wheels also depends on what type of car you are after. According to Glass’s Guide, January is the prime month to snap up a convertible model for the summer.’ says thisismoney.

‘On the other hand, those looking to bag a used 4×4 bargain will struggle to get a good deal. After three consecutive white winters, snowproof vehicles are in higher demand at this time of year.’

No matter what option you go for, Hertz Rent2Buy will enable you to trial out the vehicle for a week, before getting back the weekly rental price if you decide to buy. Which could be just the cost saving you need for a New Year auto adventure.

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