You Can Avoid The VAT Increase If You Purchase A Used Car

VAT charges are set to rise again from 15% to 17.5% on 1st January 2010 and this is causing concern among some new car buyers who feel the prices may become too high. However, there is one online company that has promised to keep their prices the same and absorb the increase themselves. The largest seller of used cars online is Autoquake.com and they are determined to keep their position by protecting their customers from the VAT increase and covering it themselves.

 

New cars will not only be subject to the VAT increase but there is suspicions that the government scrappage scheme is due to run out of money soon so this will be also be a blow to new car buyers. Buying a used car therefore may work out better for the consumer. There are also other concerns for those wishing to buy a new car and that is the fact that many manufacturers are now putting their prices up. This trend is likely to continue as long as the pound stays weak against the euro.

 

Car prices will further increase if the prediction that the price of steel will increase this year comes true as this will increase the cost of car production.

 

Most used cars however will not be affected too much by the VAT increase because the dealer will normally only have to pay VAT on their profit margin. And those who buy their used cars from Autoquake.com will not have to pay a penny extra for their used cars. This is why more and more people will soon begin to see the value of buying a used car this year. There are some really good used cars in great condition for sale. You can find many with state of the art features which are only one or two years old and you will save a lot of money on these. You can find a really good used car and you can also save yourself money on the VAT increase.

 

Whenever you happening to be looking for used cars, it's always best to carry out a proper research ahead of time. This reserach will let you find the best cars available for each category you look at. And when you finally finish your research, you could find yourself leaving the car delears with a splendid used caterham or even a used colt.

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This entry was posted on Saturday, January 9th, 2010 at 5:14 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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