How To Save Money For Your New Car Without Going Broke

Some smart thinking and clever lifestyle tweaks can make that new car a reality

So, you think you can’t afford that new car you’ve been eyeing up? Think again, with these easy life swaps that could mean you driving off in your dream wheels. 

Buying a new car is a big life decision and the make and model you choose is a statement in itself. Sure, you could spend hours trawling websites for private sellers to get a great deal, but why take the risk? Buying through a reputable dealer is by far and away the best way to purchase; you will get proper customer service, a dedicated sales rep to find the car you really want and a good finance deal with a first rate supplier. Think you can’t afford to go the reputable route? Here are three ways you can swap some of life’s smaller luxuries, for the car of your dreams.

1. Swap your daily latte habit for… A 2016 Opel Corsa

Ditch your daily habit of stopping by your favourite roasters and you could easily be driving off in your new car in no time. It’s simple maths: €5.55 per day over a month is €169. The princely sum of your daily caffeine hit could actually be going towards financing your very own 1.4 litre car with fewer than 80,000 kilometres on the clock or another car in the price bracket of around €10.5k*. Hello home roast, our old friend.

2. Swap your weekly Zara splurge for… A Brand New Fiat 500

A pair of jeans here, a highstreet wonder there… if you’re casually clicking through a shopping bag of €70 per week on your fashion habits, you might be interested to know that that €299/month could bag you a car in the region of €18.5k*. Like a brand new, stylish Fiat 500 at the very top spec available, which could be yours on the right finance deal. And let’s face it, a great set of wheels is always in style.

3. Swap your designer investment piece for… A Sleek Audi A4

Trust us, we know how much you need that new Chloe bag in your life. And yes, it is prudent fashion maths to invest in that Victoria Beckham dress, you’ll have it for life… but, if you’re serious about driving out of your favourite dealership with a hot set of wheels, forego that bi-monthly designer purchase for car finance at €499/month and you’ll be all set. We found a 2017 Audi A4 2.0TDi just within your designer loving price bracket of around €31k, with lots more luxury available for that price too.

Want to know more about getting an excellent finance deal for your new car purchase? First Citizen Finance can help.

*All figures above represent car values at the time of writing and are based on finance facilities with a minimum 20% deposit based over 5 years.

Warning - you will not own these goods until the final payment is made.

This is a Hire Purchase Agreement as defined by the Consumer Credit Act 1995. Lending terms and conditions apply. Applicants must be 18 years of age or over. A joint hirer may be required.

Calls may be recorded. Example: New / Used Vehicle – Typical APR 7.9% Fixed (subject to change). Cash Price €18,750. Deposit / Trade In €3,750. Finance Amount €15,000. 48 Monthly Instalments of €363.58. Hire Purchase Price €21,202.84. A deposit may be required. A Completion Fee of €1 is payable. Finance is provided by First Citizen Finance DAC, which is regulated by the Central Bank of Ireland. Registered in Dublin 518751.

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