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Is It Time To Grab A Car At Rock Bottom Prices?

The last six months has seen the car market in the UK crumble and disintegrate in front of our very eyes. The sector has come under pressure from rising insurance costs, increase fuel prices and now the government is set to quadruple the road tax which some cars in the UK will be forced to pay. As a consequence many car prices have fallen through the floor, but is it now time to pick up a bargain?

There are two real elements to this argument which are :-

Can You Afford To Run A Car?

It is all well and good picking up a larger car for a fraction of the price two years ago, but can you afford the increased fuel bill, the forthcoming change in road tax charges and insurance for the vehicle. If you can't afford to run it then it is not a bargain for you.

Price Falls Have Varied

While the large 4x4 vehicles are hitting the headlines with dealers avoiding them like the plague, those who think that they can grab a rock bottom bargain in the smaller car market may be disappointed. Smaller cars are holding their value better at the moment because many drivers are downgrading to cars they can afford to run.

Do your homework before you go racing after that bargain of a life time!

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