Thursday 26 April 2018

To buy or not to buy in July

FOR

* It is a buyers' market: you can play garages off against each other on price, equipment and trade-in values.

* You will get deals you would not have got in January or February.

* You may not get as good a deal next January because importers/dealers will not have ordered as much stock after being burnt this year. They may not be under as much pressure to offload.

* Many newer or better- equipped models brought forward to boost July sales.

AGAINST l You will only get 'half' a year out of it as a 'new' car.

* There may be even better deals early next year with 141 reg from January with cut-throat battles for market share.

* More new models coming on stream for the new year, with big numbers flooding in over late autumn and winter.

* Not a great time to buy: holidays, economic uncertainty, lack of cash, old car still doing okay so why change?

* Wait and see what Budget has in store.

Irish Independent

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