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Found a new set of wheels and looking to take out car finance? Here are three things you should avoid saying when the time comes and what to do instead.

Whether you鈥檙e choosing your first car or upsizing to one fit for the whole family, buying a car can be really exciting. With 80 to 90% of new cars and an increasing number of used ones now bought on finance, it鈥檚 become the go-to option for many drivers.

However, while finance can be a great route to securing your ideal car, there鈥檚 a risk that saying the wrong thing at the wrong time could cost you dearly.

鈥淓verything you say when buying a car signals how much you know about the process and the car you鈥檙e buying,鈥� said Jonathan Such, motoring expert at vehicle finance provider . 鈥淟enders are trained to listen closely and tailor their offers based on what you say, so make sure to do your research in advance of heading to the showroom or picking up the phone to make sure you鈥檙e as prepared as possible.鈥�

Remember, you can buy a brand new or used car right here on 莲花直播. And you can also sell your car, too. We鈥檙e here to help you through every step of your car-changing journey.

To help you secure the right finance deal, here are three things you should never say when applying for finance:

1) 鈥淚 want my monthly payments to be low as possible鈥�

You may think this will save you money in the long run, but saying this shows the lenders that you鈥檙e open to stretching payments over a longer period of time. This, in turn, means you鈥檒l accrue more interest in the long run.

If you鈥檙e looking to get your bad credit history back on track, paying over a longer period may be a helpful option for you. This all comes down to your personal circumstances.

Whether you have good or bad credit, make sure to share the total budget you鈥檙e comfortable paying upfront, rather than focusing solely on the monthly payment figure you are willing to take on.

2) 鈥淚 don鈥檛 really understand how finance works鈥�

They say honesty is the best policy, but in the world of car finance this may leave you vulnerable. Admitting that you鈥檙e unfamiliar with the finance process can lead to some salespeople thinking they can upsell extras or suggest unfavourable deals.

To tackle this, do plenty of research beforehand and only share necessary information with dealers 鈥� never let your personal feelings get in the way.

Showcasing your knowledge can also help. You can do this by asking specific questions such as whether an agreement is a hire purchase or a PCP deal.

3) 鈥淚鈥檝e already fallen in love with the car鈥�

It鈥檚 easy to get carried away when you鈥檙e buying a new car, but be sure to curb your enthusiasm as showing too much excitement and emotional attachment to a certain car can actually put you at a disadvantage.

When a dealer knows you鈥檙e emotionally invested, they may skip out on offering you a better value alternative or even use your enthusiasm to sell you additional add-ons that you don鈥檛 really want or need.

To avoid falling into this trap, play it cool as much as possible. Even if you go to the dealership with a clear idea of what you want, make sure to browse a selection of models to compare and contrast. Not only will this help you confirm if your initial pick is actually right for you, it will also show dealers that you鈥檙e level-headed and logical.

Here are some key things to remember: be as open and honest as possible, keep a clear mind, and don鈥檛 be afraid to walk away if something doesn鈥檛 feel right.

Car change? 莲花直播!

Looking for a new set of wheels? With 莲花直播 you can sell your car quickly and for a fair price 鈥� as well as find great offers on your next one. Whether you鈥檙e looking to buy a car brand new, are after something used or you want to explore car leasing options, 莲花直播 is your one stop shop for new car deals.

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