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How Will You Afford a Better Car Than Your Current One?

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How Will You Afford a Better Car Than Your Current One

The idea of upgrading to a new car is extremely tempting but is it right for you? We can all get bored with our vehicle after a few years but the cost of buying a better model can be enough to put anyone off the idea these days. Well, if you want to feel good about driving again here are a few tips for getting the car of your dreams even when you don’t think that you can afford it.

Get Cheaper Finance

Probably the simplest way of owning a smarter car is by getting cheaper finance. This might sound obvious but it is amazing to see how many people stick to a type of car finance deal which seriously restricts their chances of getting the vehicle they really want. By looking at the likes of the car finance options from Honda you can see how it is possible to get a more impressive car without paying out more for it. Honda offer this across all of their new cars and offer a few different schemes such as the Honda Hire Purchase scheme which is essentially like a normal loan where you own the car at the end of the loan. They also offer the Honda Aspirations method where you can own the car at the end by paying off a lump sum, give the car back, or exchange it for a new car and start all over again.

There are a lot of clever options around these days which will let you do things like leaving the decision on whether to keep or return the car to a later date. It is worth spending some time looking at the different ways you could get finance before you go ahead and decide what type of vehicle you can afford.

Get an Older Model

If what you really want to drive is a sporty model or a classy car then you might find that newer ones are just too expensive for you no matter how you finance it. To get around this you could consider looking at older models and trying to find one which meets your budget as well as being as good as you want it to be. Clearly there is a risk involved in buying an older car but you can partially mitigate this by getting it checked out thoroughly and doing your homework. If the power or the looks are more important to you than the age then this could be the best approach.

Find a Bargain

Finding a bargain in the car market is easier said than done but there are some tips you could follow to give it a try. Firstly, you need to bear in mind that prices generally drop when new models are brought out each year. At this time of year the second hand car market gets flooded with older vehicles which their previous owners have exchanged for newer models. Apart from this, you might have some luck if you spend a lot of time looking on the internet. Some people need to sell their vehicles in a hurry and if you find the right car at the perfect time then you might be able to strike a deal with the owner which lets you get a better standard of car than you thought your budget would allow you to get. This could be a much longer process than with the other two ideas but it might work for you

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