Is now the right time to buy a car, and where will I find a bargain?

The Telegraph | Jun 2, 2020 at 6:29 PM
  • Dealers are reporting record-breaking levels of interest, and high numbers of car sales right now.
  • Finance deals offer buyers lower monthly payments, but one must usually stump up for a deposit and/or a balloon payment at the end of the term to make up the difference; interest rates are usually higher, too.
  • The monthly repayments on a bank loan are usually higher, but in the long run they normally cost you less, because interest rates are lower, and you end up with a car you can sell on at the end of the term.