lifestyle

8 Reasons Why It's Best To Buy A Car At The Start Of The Year

Are you planning to get a new car this year? It's best to cross it off at the start of the year!

Cover image via telegraph.co.uk

1. The new year is the best time to get rid of things that are slowing you down, such as your old car

New years is the best time to get rid of things that are slowing you down, such as your old, broken down car

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2. New year, new car, new you!

New year, new car, new you!

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3. Take advantage of early year promotions

Take Now Take Later promotion

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4. If you started your year with resolutions like going on road-trips, spending more time outdoors, or keeping your family safe on the road, a new car might just help you accomplish that.

A good car can help you achieve your new year's resolution such as treating your family to a road-trip, spend more time outdoors, or keeping your family safe on the road.

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5. You can buy last year's model at a cheaper price, but register the car in 2014 to have a better resale value

Buying at the end of the year isn’t all good news though as there is a major difference in resale value of a vehicle registered in December 2013 and one registered in January 2014. Despite only having a month between them, the year of registration shows that one car is a year older than the other meaning you’re going to get less money for your December 2013 car than the January 2014 one when you choose to sell it off.

yahoo.com

You can buy last year's model at a cheaper price, but register the car in January 2014 to have a better resale value

Image via autowerkstatt-spandau.de

6. This is the best time to commit your bonus to your new car's downpayment before you "accidentally" spend it on something less important

This is the best time to commit your bonus to your new car's downpayment before you "accidentally" spend it on something less important

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7. Have your friends or relatives been looking down on you? Start the year with a brand new car to put them in their place.

Have your friends or relatives been looking down on you? Start the year with a brand new car to put them in their place.

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8. Car dealers would often offer good deals at the start of the year to clear away old stock

2.5% interest rate for all models promotion

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BONUS: You shouldn't have to worry about monthly instalments with promos like these:

Are you ready to buy a new car? These tips might come in handy: