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Decide on your budget and stick to it. Got to Paying For It Checklist Useful Calculator |
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Consider what car you would like to buy. |
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Research cars in your shortlist. Discover price/insurance/running costs/snags |
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Consider how to sell your existing car/private sale/part exchange . |
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Research price of your existing car Parkers Guide. Go to Selling My Car Checklist |
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Consider how you will pay for it. Go to Paying for It Checklist |
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Research finance option |
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Try to buy at the month end when salespersons are thinking of their target figures |
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Think about what you are going to ask when you view. Go to Viewing Checklist |
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Consider using a specialist inspection firm RAC AA |
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Consider asking owner to make sale conditional on fresh MOT inspection |
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Consider arriving early to view car, to ensure cold start for engine |
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Buying from a dealer: |
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Use your research on the 'best' price of the car you want to know how low dealer will go |
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Ignore bluff tactics by salesperson ./'I'll ask my manager/check what we paid... |
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Stick to your guns and walk away, leaving a contact number |
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If you agree on a price restart bargaining by asking for extras/guarantees |
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Be sure to study small print of any guarantee offered |
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Don't be the one to break the silence at the crunch moment at the end |
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Consider the merits of being left to sell existing car, but be firm about your price |
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Repeat your bargaining tactics of firmness as before |
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Buying privately: . |
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After test driving car, if you really want it: |
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Be positive/polite/firm and don't try to make friends if you are to be taken seriously |
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Ask for information. Don't give it |
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Offer a price that is rational based on your research |
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Make seller aware that there are other cars than his to buy |
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Be ready to walk away |
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When you make your final offer be silent. Let seller speak first |
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Consider how you will pay. Bankers draft is usually best. Go to Paying for it Checklist |
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Inspect car careful at time of collection |
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Ensure seller fills in his section of the V5. Inform DVLA |
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Get a receipt for the deposit |
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Useful links: |
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DVLA |
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Society of Motor Manufacturers & Traders SMMT |
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Retail Motor Industry Federation RMIF |
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Trading Standards |
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Society of Motor Auctions SMA |
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Vehicle Builders & Repairers Association VBRA |
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Association of British Insurers ABI |
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Insurance Ombudsman |