As the first 2008 registration vehicles hit the roads this week, Car Loans customers looking for a used vehicle have been advised on the best way to shop.
According to the Guardian, those looking to purchase a new car could save around 40 per cent by considering a vehicle that is 12 months older but adds there are a number of points to bear in mind when doing this.
The newspaper states that car loans customers prepared to shop for vehicles around three-years-old may be making a "cannier" choice still and notes that by looking at cars with a high mileage there can be further savings to be made.
It is also reported that researching the reliability of a model "makes sense" and that shopping around online "makes it easy to compare prices without having to pay a fee"
Last week a study put together by Consumer Reports named the BMW M3 and Honda Accord as some of the best used cars to look for as a second-hand purchase.
© Adfero Ltd
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