New cars a lot cheaper than used

Present-day deals on offer can make buying a brand new car a cheaper option than purchasing a used one, according to a cost comparison site.

Press Association report, carwow.co.uk founder, James Hind said: ''It's no secret that the new car registrations have been increasing month on month for a good while now and, as we've said before, that's got a lot to do with the fantastic finance deals on offer from car dealerships at the moment.

''Some people may think that buying a 'nearly new' car is their best option, because new cars can depreciate quickly, but if you're getting s significant discount on a new model and if the finance rates are attractive, than it's usually worth weighing up the cost of a brand new model.''