(PRWEB UK) 15 November 2012
New figures show that, on average, British motorists haggle almost £1,000 off the price of a car. Typically, men drive a harder bargain than women, getting an extra £300 more discount. *
Car Loan 4U Co-Director James Wilkinson commented:
“Haggling is often something that a number of Britons shy away from, but being too polite means you could miss out on the best deals.
“Economic doom and gloom is forcing more people to drive a hard deal and get more for their money. If you’re looking to buy a new car and make your money go further, a cheap car loan could be ideal.”
Car finance experts Car Loan 4U offers top tips on how to drive down the price of a car and a beginner’s guide to blagging.
1. Expect to haggle
Don’t be afraid to haggle as car salesmen and women will expect you to try and reduce the asking price. Private sellers and dealers often work flexibility into the price, giving individuals legroom to get a good deal. Confidence will carry you and hesitation could halt the haggle.
2. Don’t get caught short
In order to get the very best deal or at least one that those buying will be happy with, individuals must do their research. This involves deciding exactly what is required and how much the item should cost before haggling. Investigating the average price for the model, age, and condition could help buyers identify how much they should be paying.
3. Be flexible with price
Buyers and sellers will need to negotiate a price and in order to come to a happy arrangement, both parties might need to need to meet in the middle.
This involves pitching a much lower price initially to work up to one that is comfortably within your price range. The seller is likely to mark up the price and then come down to a more realistic value.
Notes to editors