GETTING THE CHEAPEST DEALS ON YOUR BIGGEST PURCHASES
We all want to save money on the essentials. Especially the big ones. But so few of us actually shop around for the best deals to bag bargains. At the end of the day, we live in a competitive marketplace and different sellers and providers are going to vye against each other for your custom.
This can lower costs and result in better deals. You just have to make sure you’re not complacent and ensure that you actively go out and get the lower cost items or services. Here are a few big purchases you can really save on!
Shop Around for a Mortgage
Let’s start with the biggest purchase you’re likely to make in your life – a house. Mortgages are in place to make buying a house accessible for the majority of us. There are extremely few people in the world who could afford to buy a house outright, so most of us rely on these specialist loans to purchase a property and pay off the cost over time. However, people don’t just lend you this money for no reason. They add interest on top. This ensures that you pay the full amount back but also pay them for their service of lending. So, you need to make sure you have the mortgage with the best interest rate around before actually taking a mortgage out. Shop around. There are plenty of lenders out there and the market is competitive. This means many will lower their interest rates to get you to sign into this profitable transaction and contract with them.
Lower Your Car Insurance
The second biggest purchase you’re likely to make is your car. Whether you opt for Auto Finance Online or buying outright, you’re going to have to pay for insurance. It’s a legal requirement if you intend to drive your vehicle on public roads. Lowering your car insurance can be relatively simple. Just use price comparison sites. Most of the major insurance companies are on there and you can rank them in order of the lowest and highest cost deals they’ll offer. Make sure you read policies through before automatically opting for the cheapest deal. You need to make sure your policy covers everything you want it to. Sometimes, extra perks and cover will cost you extra, but it’s worth it to be fully covered and have peace of mind!
Reduce Energy Bills
We all need to use energy to live. Whether that’s electricity or gas. Don’t settle for the energy provider you first signed up with or the energy provider that was already providing to your home when you moved in. Use price comparison sites again. Then, switch to the cheapest provider in your area! Make the most of loyalty and referral schemes too! You can often get cash bonuses or money off your bills if you refer a friend or if a friend refers you. This is a great extra!
These are some big purchases that are often essentials for many of us. If you’re going to have to buy something, pay as little as possible for it! Hopefully, the above steps can make you some serious savings over the next year – or even longer!
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