Rain

Rain

max temp: 16°C

min temp: 10°C

Search

New or used – check out finance deals that suits you

10:56 01 October 2014

Simon Gray, managing director of Credo Asset Finance.

Simon Gray, managing director of Credo Asset Finance.

supplied

Simon Gray, of Credo Asset Finance, says the right finance on a used car could save thousands.

Buying a new car or a used one? What is the best option when it comes to finance?

New car registrations have risen in the UK each month for two and a half years, as the recovery gathers pace and manufacturers offer enticing deals. Registrations for the first eight months of the year were 10.1% ahead of the same period of 2013 and we wait to hear whether the new 64 registration plate, which came into force in September, has increased this further.

So it is easy to understand why many feel that buying a new car, rather than used, is better for them. Low savings rates could also be a factor, as some people will be looking at what they are getting on their savings and deciding it is worth doing something else with the money. It could also be fantastic dealer finance offers on new cars, along with long warranties and cashback – deals that ‘lure’ us to part with our money!

Whatever the reason, it is good for the car market and it gives consumers more opportunity to buy a newer car.

But let’s go back to that question of whether to buy new or used. The new car deal, together with the finance package, may be attractive but, with any new car, the depreciation as soon as you drive off the forecourt has an impact and has to be considered.

Why not consider a nearly-new car, registered by the dealer to increase sales but often 25% cheaper than a new one? The dealer may not be able to offer the brand new car finance deal but we can and, with a discounted car and a competitive rate, you could save thousands of pounds against a new equivalent.

With many finance options available to consumers, there is always the right deal to suit an individual’s needs. It is always worth speaking to a good independent finance broker like Credo for advice on what finance deal is best for you and suits your circumstances. Then you have all the knowledge to go out there and finance the car of your dreams!

Credo Asset Finance is at 85 Yarmouth Road, Norwich, NR7 0HF. Telephone 01603 703180, email sales@credoassetfinance.com, log on to the website at www.credoassetfinance.com

Twitter: @CredoFinance

Facebook: www.facebook.com/CredoAssetFinance

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

From the minute The Dreamboys stepped on stage, I knew it was going to be a great show.

Health workers have been caught stealing controlled drugs from some of the region’s hospitals, it can be revealed.

Aspiring rock-gods and up-and-coming shredders have pitted their axe-wielding skills to the test in a competition to find Ipswich’s top air guitar hero.

Five men have been jailed for a total of 112 years for conspiring to murder a man in Bury St Edmunds who was left for dead after being shot with a sawn-off shotgun.

Now 10 games into the season and Ipswich Town sit 13th in the table. Is that going to be the club’s level for the rest of the season?

Police in Ipswich are cracking down on anti-social behaviour in Christchurch Park, after reports of drug users and heavy drinkers in the area.

The first layers of paint concealing one of Carl Giles’s most important pieces of artwork have been scraped away – but it is still too early to tell if it can be salvaged.

A project that has seen an unkempt woodland transformed into an outdoor learning space has been awarded a £6,000 grant.

Police have launched a search for a missing Suffolk schoolgirl.

Today schools, care homes, mum’s groups and office all over Suffolk have been brewing up for Macmillan’s World’s Biggest Coffee Morning.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24