Author: David Henderson

Should You Consider an Electric Car?

Should you consider an electric car? Have you been thinking about buying one? Here at Carlover, we understand how choosing the right electric car model is a difficult decision and that’s why we want to simplify it for you by giving you a comprehensive list on choosing the right electric car model, after all electric cars are on the rise.

Carlover know the importance of purchasing a functional and safe electric car and no one knows used cars in Belfast like we do.

Buying a Car: New, Nearly New or Used Car?

Buying a car is an exciting time whether that’s a brand new car, a near to new or a used car in Northern Ireland

Before deciding on the option that’s best for you, it’s good to know what you’re getting and the prices you can expect to pay. With used cars being more popular within the UK and Northern Ireland in recent years (due to less cars being manufactured) prices are varying. 

Fuel Prices Reach An All Time High – Should You Go Electric

With the current fuel prices and the pandemic induced volatility in the used car market in Northern Ireland and the world over, as the result of a chip shortage worldwide, the experts scurried to understand the changes, predict the impact and assure the public that there would be a return in stability. 

Previously we have discussed the shift to electric vehicles and with the hike in fuel prices in the wake of Russia’s invasion of Ukraine sitting at eye wateringly high price points, the obvious choice might seem to be – go electric -, it would certainly seem to be and with the looming ban of the sale of diesel and petrol cars, the question now is: Should I buy an electric car?

Why To Invest In The Used Car Market

The used car market is thriving across the UK and Northern Ireland. This is due to the shortage of new car models due to the chip shortage alongside the rising prices of new models. It has become cheaper for car buyers to invest in used cars NI rather than paying for a brand new model. There is a range of used cars on the market to suit your budget. We have created a list of reasons on why to invest in the used car market today and how this will benefit you in the long run.

Used Cars Are Cheaper

One of the top reasons why people decide to invest in used cars Belfast is because they are cheaper and come with better deals. Compared to newer cars on the market you can buy a used car for nearly half the price. As many of these cars have been around for many years, it will be cheaper to repair them compared to brand new models. As these parts will be readily available you will not have to source them from the official retailers.

Lower Insurance Fees

Buying a used car will come with smaller insurance charges. It will cost a lot more money trying to insure a brand new car as there will be a bigger financial risk if this car was to get into a collision. When you are changing from one used car to another, your insurance will only rise by a negligible amount.

No Waiting Periods

Usually, when someone purchases a brand new vehicle they don’t get to drive home right away. It is common to have to wait a while until the stock of these newer models arrives at your dealership. This differs from when you buy from the used car market as the transaction process is a lot more straightforward and a quicker process. You will be able to drive home the same day you buy the car.

Lower Tax and Registration Fees

Brand new car models are more expensive to register and tax. If you purchase a used vehicle you will miss out on having to pay a substantial amount of fees by driving a slightly older car. Vehicle taxes are usually determined based on the current retail of the car you are purchasing. Cars that are a number of years old may be eligible for discounted taxes, so it is a good idea to check this information out before deciding on your final purchase.

Car Depreciation Is An Advantage

New cars depreciate at a faster rate compared to used cars. Less than half of a car’s depreciation will happen within the first year after its purchase. After a number of years, the depreciation begins to slow down. This means that the value of used cars won’t depreciate further than they already have. 

At Carlover we understand that purchasing a car is one of the second largest purchases that people will make after taking out a mortgage on their home. We have a range of used cars for sale NI from a range of major brands, including BMW, Volkswagen, Audi, Mercedes and Tesla.

To view the range of cars we have for sale in dealerships across Northern Ireland, browse to Carlover now .