| So your car has just died. Perhaps it was the cold | | | | back in smaller more manageable chunks an a |
| weather and early morning starts that was | | | | monthly basis. |
| making the car work harder that finally killed it, or | | | | Another option to keep the cost of a new car |
| perhaps you have had the car so long that it | | | | down is to consider a part exchange. Although to |
| might have been considered as a part of the | | | | do this you will need a bit of cash ready to be |
| family and it just couldn't go on. | | | | passed over to the seller. You may be able to get |
| So a new car is on the horizon and you can | | | | such a good price on the car that you are selling |
| guarantee that it never comes at the right time. | | | | that the new car doesn't make too much of a |
| There are always a lot of other things that need | | | | dent in your bank balance. This is proving to be |
| to be paid for and this new car is completely out | | | | popular choice with the scrappage scheme which |
| of your budget. So what financial options are | | | | will allow you to scrap an old car for around |
| there open to you? | | | | £2,000 in exchange for a new one, however |
| One option would be to get a new car on finance. | | | | terms and conditions apply. |
| Many companies offer an interest free period of | | | | You may be able to sell you car privately on the |
| repayment which will enable you to have a few | | | | internet through auction sites, used car sale |
| months off from paying for the car (some offer | | | | websites or even in the local news paper website |
| up to 12 months) and allow you to get some | | | | and if you get a good enough price then that |
| cash together. If you don't opt for an interest | | | | money can go a long way towards a new car. |
| free payment scheme, there are many monthly | | | | So although the death of your car may not have |
| re-payment plans that you will find that the | | | | come at the right time there are plenty of |
| staggered monthly payments might be a really | | | | opportunities to grab yourself a new car without |
| good way of getting the car and then paying it | | | | leaving yourself too poor. |