To get the best deal on a new or used motor this autumn, it’s a good idea to heed this expert’s advice, otherwise you might end up getting more than you bargained for — and not in a good way
An industry insider has opened up about how Brit buyers can avoid overpaying and save a bundle when buying a new or second-hand car this autumn.
With the average used car in the UK selling for £16,780 according to AutoTrader, it is one of the biggest expenses facing households. Pete Ridley from Car Finance Saver has warned that a great many buyers pay much more than necessary because of some easily avoidable mistakes.
He said: “It’s easy to get caught up in the excitement of buying a new or used car, especially with more vehicles hitting the market ahead of the September plate change. But skipping basic checks, overlooking hidden costs, or rushing into finance deals can add a shocking amount to the true cost of ownership.”
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One of the most common errors is failing to research the market beforehand. Comparison sites including AutoTrader, Parkers and WhatCar? allow buyers to see whether a car is fairly priced. Pete said: “Even a small difference of £500 to £1,000 matters when you’re working within a budget.”
Checking the service history, MOT record and mileage is another essential step that is surprisingly often overlooked. These records are free to access online. MOT history checks are available through official government website Gov.uk, while third-party platforms such as CarVeto, HPI Check and MyCarCheck offer even more information.
This simple check can reveal issues that could translate into huge repair bills. For example, a missing MOT could conceal faults that cost £2,000 or more to fix. Pete advised: “Take the time to review these details. It’s the best way to protect yourself against surprise costs.”
Buyers have also been urged to watch out for the extras that are uniformly pushed at dealerships. Add-ons including inflated admin fees or unnecessary warranties can be declined or negotiated. As Pete pointed out: “Never accept extras at face value. These are negotiable, and sometimes entirely optional.”
Finance agreements also require some close attention. Whether it’s a personal contract purchase (PCP), hire purchase or loan, small differences in interest rates can dramatically affect the total you repay. A slightly higher annual percentage rate (APR) could cost you hundreds over the full term of the deal. Pete advised buyers to “always shop around, calculate total repayment costs, and negotiate terms”.
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Running costs should also be part of the decision-making process. Focusing only on the purchase price risks financial strain once factors like fuel, insurance, ULEZ charges, and road tax are added in. Pete said: “Focusing only on the purchase price is a mistake. Factor in these ongoing costs before signing on the dotted line.”
Timing your purchase properly can also save big bucks. The September plate change increases the flow of used cars, with many dealers are anxious to close sales at the end of the financial quarter. It can be a good time to negotiate and possibly get additional discounts.
Understanding your rights is another layer of protection. Under the Consumer Rights Act 2015, anyone who discovers a fault within the first 30 days can reject the car and receive a full refund. After that period, the seller must be given an opportunity to repair or replace the vehicle. Further support is also available through motor trade associations where necessary.
Pete finished by saying: “Buying a car is a big financial commitment, but it doesn’t have to be stressful. With a bit of research, patience, and attention to detail, you can get the car you want without breaking the bank.”
So to get the best deal on a new or used motor this autumn, it’s a good idea to heed expert Pete’s advice, otherwise you might end up getting more than you bargained for — and not in a good way.
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