| The global credit crunch has a lot to answer for - I'm | | | | knowledge, if you ever require it. |
| going to avoid heading into detail as we are all tired of | | | | For example, a brand new BMW 116i Sport will cost |
| reading or hearing about the economic downturn and | | | | you 22,000 pounds, whereas a 2008 used BMW 116i |
| about the recession, but one of the very few | | | | with only 3,000 miles on the clock, still in warranty, could |
| advantages of the current economic climate is that | | | | be yours for less than 14,000 pounds. OK, you don't |
| many consumer markets have thus become 'buyers' | | | | get the choices that you would with a brand new car, |
| markets'. | | | | you obviously can't choose the colour, interior, alloy |
| If you are fortunate to have glided through the worst | | | | wheels and any other add ons but a dealership could |
| of the economic tidal wave, then you may be in a | | | | source the car that you desire, and with dealerships |
| position to continue living your life the way you want to | | | | across the country there is plenty to choose from. |
| and the way you always have done: nice holidays, | | | | If you're wanting something a bit more luxurious, how |
| dining out, weekends away, upgrade the car... | | | | about a BMW 7 series 730d Sport Saloon, Brand new |
| And if you are in two minds about whether to trade | | | | on the road for around 48,000 pounds, but buy a one |
| your motor in for a newer model, then you only have | | | | year old used BMW 730d Sport Saloon with only |
| to look at the offers that many car dealers have on at | | | | 6,000 miles on the clock for 36,000 pounds. That's a |
| the moment as they really are desperate for sales. | | | | remarkable difference of 12,000 pounds in price and is |
| One thing to note about buying a new car from the | | | | a fine example of how quickly brand new cars |
| showroom is depreciation. Brand new cars are | | | | depreciate. |
| depreciating like never before, so the real value during | | | | This is also a fine example of how the credit crunch |
| this current economic climate is in used cars, especially | | | | can work in the favour of the consumer. This is of |
| with the more luxurious brands. | | | | course nothing to crow about, given the rapid increase |
| Be it a used BMW, used Audi or a used | | | | in unemployment and in house repossessions, but |
| Mercedes-Benz, there are bargains to be had out | | | | nevertheless is an example of an area that can play |
| there on the forecourts. Used BMW in particular hold | | | | to the advantage of those who are in the position to |
| their value well, so it would be a prudent move to | | | | benefit. |
| check out BMW dealerships to see what they have | | | | If you are in the market for a new car, seriously |
| on offer. I would always recommend purchasing a | | | | consider buying a used car from a registered |
| used car from a registered dealership because of the | | | | dealership as you will make a significant saving on a |
| quality of service on offer. It's the best way to | | | | car that is just a year old, has a warranty and service |
| safeguard your purchase, with a warranty, servicing | | | | with a registered brand garage. |
| and expert engineering and mechanical repair | | | | |