Top Tips From Driveline For Buying A New Car

Driveline are often asked, what’s your advice on how to buy a new car? So they thought they would share some of their top bits of advice gleaned from decades in the industry and thousands of car deals. The team at Driveline are all very experienced having worked in the finance and vehicle industry for at least 15 years or more each, some may call them ‘long in the tooth’. They’re there all day every day advising people and businesses how to get into vehicles in a way that ensures they get a good deal and won’t be stung in the long run. ‘The proof of the pudding is in the eating’ as they say, and many clients have stayed with Driveline for decades, vehicle after vehicle because, of course, they get great service and the Driveline team make it easy, but also because the way the finance is set out means that they won’t lose money down the track.

All this experience comes with some advantages; it means they can use insider knowledge to the advantage of their clients, and to this end they have a couple of quick tips. First of all, get some expert advice. Nothing beats real experience; Driveline offer free advice on vehicles and how to structure the finance to suit the customer’s situation so they know they’re getting the best possible solution and tax advantages. It doesn’t have to be hard work. Driveline can recommend the right vehicle to suit everyone’s needs and organise the accessories, fit out, signwriting and even help sell their old vehicle.

 Finance is not forever. For those who are buying on HP or using the SmartLease™ option they can always exit the deal at any time by paying what’s owed. Generally speaking if someone is more than half way through the term (e.g. 24 months through a 48 month term) then it is financially viable to exit early.     It is easier to refinance than exit so if there is a need to upgrade or change the vehicle then it is straightforward and cost effective to get into the new vehicle by refinancing with the same finance provider.

What’s the best time of year to buy a new car? The best month to buy a new car is usually November, as this is the last full month of the year before everything stops for Christmas. The next best time to buy a new car is the last week of any month and especially the last week at the end of the financial quarter, i.e. June, Sept, Dec, March. Car manufacturers want to make their monthly / quarterly / annual targets so you’ll get a great deal and your car will be delivered ASAP.

And perhaps most importantly: all discounts are not created equal. Don’t be fooled by low interest or 0% finance offers as these are not necessarily the best deal in the market. At Driveline they deal in volume and have substantial manufacturer and dealer discounts on new vehicles which they pass on 100% to their clients. This means people pay less overall across the term of the agreement. Driveline can usually better the low interest offers because they are based on the full RRP of the vehicle.

The Driveline team are car leasing and finance experts with clients across the length and breadth of New Zealand. Tap into decades of experience with their specialist team who share a collective career history of nearly 100 years in the vehicle industry.

For more information go to http://www.driveline.co.nz  .