If you’ve been thinking about picking up a new SUV at the dealership, you’re not alone. SUVs accounted for over 20 percent of total vehicles sold in the UK in 2019.1 With many automakers expanding their SUV lineups and pushing larger vehicles over passenger cars, more and more drivers are opting for new SUVs.
Yet as exciting as it is to buy a new vehicle, it’s also really expensive. Before signing the dotted line for just any SUV, you should make sure you’re getting a good deal. Being strategic and evaluating your options gives you the best chance of scoring a new SUV within your budget.
Here are some helpful tips to keep you from overspending when buying a new SUV.
Use a Comparison Website
Since SUVs are growing in popularity, carmakers have been coming up with a steady release of new and improved models. These steady releases give drivers plenty of choices when they start shopping.
With so many different versions to choose from, it can be hard to settle on one particular model. You have to choose styles, features, and accessories. Most importantly, you’ll have to find one within your price point.
One of the best things you can do to narrow down your options is to use an online comparison website.
For UK shoppers, carwow is specifically made for them. It started out as a car review aggregator, then expanded into a tool to help users find their perfect vehicle.
After deciding which SUV you want, carwow will send you a ton of insight on deals from top-rated dealers. The website will show you an array of offers based on price and location. It’s a great way for buyers to see prices upfront. But even more importantly, the carwow system has helped buyers save an average of £3,600.2
What Car? is another helpful comparison website that can help you find a deal on a new SUV.
Once you make an account, you can search for your preferred make and model. The website will quickly refer you to some local dealerships near you that currently have good deals on financing.3
Check Out Dealers Online
Comparison sites are a great way to begin your search for an affordable SUV. However, they aren’t the only option.
Before heading to your local dealership, take a look at their website. This is where you can discover special promotions going on. Depending on the time of the year, there are lots of different discounts to keep an eye out for, such as employee pricing and seasonal sales.
Keep in mind that prices and special offers can differ from dealer to dealer. The best way to learn about current deals is by visiting auto dealerships in person and talking to a representative.
Remember that buying a used SUV is always an option. Buying used will come at a much cheaper price compared to a brand new vehicle. Plus, some dealerships may have used vehicles with low mileage.
Current SUV Deals
Prices are always changing when it comes to the latest deals and promotions. To give you an idea of what’s currently out there, here are some SUV deals to check out.
2020 Mazda CX-30
Starting at £22,940, the Mazda CX-30 is elegant and tough. It’s a four-door vehicle that’s small enough to drive with ease but packs a lot of comfortable space on the inside. Awarded five stars by Euro NCAP, this compact SUV is a luxurious vehicle at an affordable price point.4
Currently, Mazda is offering 3.9 percent APR for 42 months when leasing the CX-30.5
2020 Toyota RAV4 Hybrid Design
If you’re looking for a sporty SUV, the 2020 Toyota RAV4 Hybrid Design is a luxe option. It’s been highly rated by consumers and has an assortment of high tech features inside. The multimedia system and sleek interior give passengers a comfortable and entertaining experience.6
Although the RAV4 starts at £32,525, Toyota is offering a good deal when financing the vehicle. Get the vehicle for £279 per month over the course of 24 months.7
2020 Ford EcoSport
Retailing from £18,695, the 2020 Ford EcoSport is a mighty SUV in Ford’s lineup. It has a roomy interior and flexible seats that can fold and make room for extra storage. Plus, the safety features include pre-collision assist and electronic stability control.8
If you’re interested in leasing the EcoSport, Ford is offering the ST-Line model for £250 per month with zero percent APR on a three-year contract.9
Do Your Research
By doing your research and being decisive in the vehicle you want, you’ll be able to track prices and take advantage quickly when the right one comes along.