Sensible Ways Of Owning A Luxury Car

A fancy car is at the top of many people’s wish lists, but the reality is that it will most likely stay there. Cars are a luxury whether you’ve got your dad’s old banger or you’ve invested in a top of the range sports car. But as you most likely need one to get from A to B, it can be difficult to live without.

If you’ve been eyeing up a luxury car recently, the good news is that there are ways of making your car more affordable. Take a look at some sensible suggestions for owning a luxury car that could soon have you drive the car of your dreams in no time.

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Do your research carefully

Buying a car is a big decision, no matter what type you go for. But it’s important that you do your research carefully before you rush into any kind of purchase. You should go to look at different cars, test drive them and see how they feel. The cars you considered luxury might not be as appealing as other cars, and you might find that something more affordable actually fits the bill better. 

There are a lot of things to consider when buying a car, so don’t just go on the brand name or how it looks.

Choose a great finance deal

With the right finance deal, you can make owning a luxury car much more affordable. If you’ve got any kind of deposit to put down, you could make it easier to afford the monthly payments. If you’ve always ruled out an upmarket car because you’re worried about the cost, why not take a second look? There are Audi finance deals that could surprise you, so spend some time doing the maths before you say no. If you shop around the end of the financial quarter, you could even end up with a fantastic bargain or some extras thrown in too!

Lease for short-term affordability

Leasing is becoming more popular for people wanting to own a great car without a long-term financial commitment. While you won’t own the car at the end, the fast depreciation of cars could mean that you’re better off. Consider the pros and cons of leasing versus buying to help you work out if it’s the right move for you.

Go used for a lower price

Luxury doesn’t have to mean new, and if you’ve been looking to upgrade your car, then you should consider used cars. You can get a great deal on a stunning model that could have low mileage and be in excellent condition, making it a fantastic investment. Make sure you read tips on buying used cars to help you with your search so that you can avoid getting ripped off or landed with an ailing vehicle.

Getting a new car is always an exciting time, and with the right approach, a luxury car could soon be yours. Got your sights set on a dream car? Now could be the time to go for it!

Leave The Costs Behind You On The Road

Are you preparing to purchase your first vehicle? If so, you might be worried about the expense. It’s no secret that buying a car is going to cause a hit to your bank balance even for years after and we’re not talking about financing. Even if you buy it outright you’ll find that it does weigh down on your income. So, you need to think about how to reduce the cost here. There are a few ways to do this so let’s look at some of the possibilities for leaving the costs behind you when you purchase a vehicle.

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If this is your first car, you might not be aware that there are different bands for insurance. The band determines the premium that you’ll pay. This can be band 1 to over 18. It gives you a firm grasp of how much you will be expected to cover each month before you make your own investigations with an insurance broker or company. Generally speaking, smaller cars have lower insurance premiums while larger cars have higher costs. There are some minor exceptions to this rule and engine size is also a crucial detail. A 1-litre engine will be considerably less to insure than a 2-litre.

Fuel Economy

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Do check the mpg of the car that you are purchasing. You need to make sure that the mpg is quite high and anything over 50 mpg is recommended. This means that the car will complete fifty miles per gallon which is fairly great. A sports car will probably do about 30 and that’s not going to serve you well on the road at all. Instead, it’s highly likely that you’ll need to stop at virtually every station you see to refuel.


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The age of the vehicle will also play an impact on how much it’s going to cost. Older cars are cheaper to insure but they usually use a lot more fuel. So, it’s kind of a balancing act. You also need to be careful about environmental issues as it does look like penalties will soon be introduced for cars that are particularly unfriendly to the environment.

The obvious question then is whether you should opt for a used car that is second hand. This could still be a great choice because a used car will save you from the issue of depreciation. As well as this, if you buy from a reliable source like CC Cars Limited, you can make sure that you get a quality model that will serve you well on the road.

Extra Tip

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One last tip would be to think about using an insurance solution that offers a black box service. A black box service simply means that the company will be able to check on your driving style and whether or not you are speeding. There are also boxes that will limit your speed to the limit. Obviously, this makes you less of a liability and will reduce the cost considerably.
Whether you are planning to purchase your first vehicle or your helping your kid choose theirs for the first time, these are the considerations you should make when looking for the cheapest option.

Leasing vs. Buying: What Does It Mean to Lease a Car

Vehicles make your life more functional as you don’t have to depend on public transportation to run errands or travel long-distance. Before you get a new car, ensure you consider your options and decide what option is best.

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Why Lease Payments are so Cheap

For brand new vehicles, leasing is always more affordable as compared to purchasing a car. Whether you are paying in cash or financing your vehicle purchase, you will pay more than you would if you chose to lease.

For every new vehicle, three main factors determine the difference in price when buying or leasing. Buyers pay for equity, depreciation as well as interest expense while leasers pay for depreciation and interest expense only.

Leasing a vehicle means that you gain access to it, but the car dealer retains ownership. Access to a leased vehicle is terminated when the leasing period is over. Car leasing is an affordable endeavour because the overall cost for leasing is much lower than the purchasing cost.

Residential Value

When a new vehicle is leased for the first time, it retains significant value once the lease period ends. This is called residual value, and it determines the lease rates of the vehicle. The higher the residual value, the lower the leasing rates. Knowing car leasing tips helps you settle for the best deal.

Ideally, you pay the car dealer the car’s depreciating value based on its current value and what value it will have retained at the end of the lease. Expensive vehicles have a more attractive leasing value as they have a higher residual value. Always consider your financial situation when deciding on buying or leasing a vehicle.

Leasing and Taxes

Even though when you lease a car you don’t get ownership, you are still responsible for sales taxes. Consider shopping around to get a car dealer who offers you the best leasing deal. Ensure you can afford the monthly payments to avoid financial stress.


Leased vehicles have a mileage limit of 10,000-15,000 per year. If you exceed this mileage limit, you’ll be required to pay 25% per mileage. It is possible to negotiate for a cheaper or more expensive lease depending on the mileage you see yourself covering.

Don’t Lease Beyond the Car’s warranty

For brand new vehicles, it is always advisable to avoid leasing beyond the car’s warranty. Leasing beyond the car’s warranty will set you up for huge repair bills.


Consider your financial situation when deciding whether to lease or purchase a car. Vehicles are huge investments, and they make life easier as you don’t have to depend on public transportation to move around. When you want to lease a car, shop around for the best deal because, at the end of the day, you don’t get the car’s ownership.

Getting the Car of Your Dreams at a Minimal Cost

Getting the Car of Your Dreams at a Minimal Cost - car image

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There are likely to be several times in your life that you will find yourself on the hunt for a new car. Perhaps you’re searching for your first vehicle. Maybe you already have a vehicle but are looking for something different or updated. You might have come to the end of a finance agreement and want something to replace your current vehicle when you trade it in. Whatever your reason, chances are that you’re going to want to keep the costs incurred through this process to a minimum. So, here are a few different things that you might want to do in order to get the car of your dreams for a minimal cost.

Use a Dealership

When purchasing a vehicle, you tend to have a few different options on your hands. Now, people tend to think the cheapest option when purchasing a vehicle is to opt for a second hand car from a private dealer. This tends to involve communicating directly with the car’s current owner. Now, cars sold in this manner do usually have a much lower price tag attached to them than a brand new vehicle will. But this doesn’t necessarily mean that it’s the cheapest option overall. First of all, private sellers aren’t always honest. They are much more likely to ignore flaws with the vehicle and only promote its positive aspects. You could find yourself taking a vehicle home that is actually a little worse for wear and may require a lot of work to be carried out on it in a month or two’s time. Instead, you should consider purchasing a car through a dealership. This means you have strong consumer rights, face to face customer service, allows you to see and test drive the car and also often allows you the option to part-exchange your current vehicle. A Mercedes Dealership will have a range of Mercedes like no other, with endless options of designs, colors, interiors and added extras. They will also have a legal responsibility to provide the car in perfect condition and you’re also likely to get some sort of warranty attached. This is safer and saves you costs in the long run!

Consider a Lower Engine Size

Most cars come with the option of different engine sizes. The larger the engine, the more fuel the vehicle is going to consume and the more it’s going to cost you to get from A to B in it. You are also likely to have to spend more money on road tax for a vehicle with a bigger engine. So, if possible, opt for the smaller engine size. This could save you a lot as time goes by!

These are just two different ways to minimise the costs involved in obtaining the car of your dreams. You may not stumble across the right vehicle straight away, so be prepared to dedicate a little time to searching the market and finding the best deal possible!