Financing A Vehicle In 2018
2017 was a bumper year for car technology, beating out the tepid sales with exciting news of technological advancement. With Silicon Valley and its charges, Tesla and friends, building ever more exciting vehicles, the ‘classic’ auto industry has finally responded, with electric trucks at the Detroit Auto Show being one example of how 2018 is changing the industry.
As new car lines are released, so are options for purchase. The same goes for new federal policies. If you’ve weighed up whether to buy or lease a car, and have settled on buying, what can you do this year to make your dream car a reality?
Considering The Used Car Market
First on the book to raising capital for your new vehicle should be the used car market. This can be of benefit to anyone. Whether buying or selling, you can receive a better deal on cars or raise extra capital to fund your purchase. Just be aware that the used car market favors good credit. Whether buying or selling a car, it is crucial to make sure that you consider the options to ensure that the used vehicle is independently appraised. This will ensure that you’re not shorted for your vehicle, or end up paying over the odds or receive a vehicle not up to scratch.
Green Car Subsidies
News arising from November 2017 suggested that the government might cut it’s green vehicle subsidy. Up to now, this hasn’t happened, and you can take advantage. When it comes to environmentally friendly vehicles, they’re no longer strange looking, poor performance or a little taboo. With excellent models being released every year now to complement the likes of Toyota and Tesla’s models, you can find real value in the market and be doing your bit to help the planet – all whilst not compromising on style and performance.
Play The Market
While a time-honored tactic for any sales environment, playing the market has really come into its own in the last year. Liberalized markets and attitudes to selling mean you’re likely to find a wide range of deal, from showroom to showroom and dealer to dealer. The commission attached to sales jobs is as high as ever, and car dealerships will do everything in their power to close a deal with you.
Buying a new car is an exciting, fun time, if very expensive. There are plenty of excellent ways to keep on top of the financial aspect and finance your dream vehicle, however, and these are just a few of those ways.