You are here: Home - Insurance - News -

Save thousands on online cars

0
Written by:
17/08/2006

Almost 420,000 consumers are expected to be behind the wheel of a new car on 1st September. But choosing to purchase a new vehicle from a high street dealer could mean paying over the odds, according to financial website moneysupermarket.com. It says that buying a new car online could save as much as £7,500 on the price of a car such as the new Audi A4 Saloon.

The website looked at the most searched-for cars on site and revealed a saving of £4,995 between the list price of a new Volkswagen Golf Hatchback (£15,995) and buying the same car online (£11,000).

John Sexton, head of cars at moneysupermarket.com, said: “Consumers are getting savvier about shopping online for many things, such as financial products, groceries and holidays, but when it comes to buying a new car some people are still hesitant to look online, preferring to visit their local dealer instead.

“Buying online is really the best way to save money as many ‘high-street’ dealers often won’t negotiate enough on new cars to reach a competitive price. As our research shows, in some cases you can expect to knock a staggering 38% from the list price when searching online, saving you literally thousands on your dream car.”
 

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Cardiff the costliest place to live

A YouGov poll has found that Cardiff is the most expensive place to live in the UK when income is...

Close