2 March 2009
Those in search of a brand new car need to start looking now to find the best deals, claims one organisation. According to the Retail Motor Industry Federation (RMIF), there are great part-exchange offers on the market at the moment, with "favourable finance terms" also up-for-grabs. "Because car sales dropped off dramatically at the end of 2008, it has become a buyer's market, with car dealers more than ready to offer significant discount," says Sue Robinson, RMIF Director. She adds that trade-in values for old cars are good at the moment, with those buying a new vehicle urged to have car insurance in place. Ms Robinson believes better fuel economy and extended contract service agreements make buying a car even more appealing at the moment. These sentiments were echoed by AA car insurance last month, with its Director Simon King saying some retailers were lowering the price of vehicles. Search online now for the best car insurance deals on your new motor.