Brits could collectively save a total of £396.36 million if they were prepared to haggle on the price of a new car, a new report has suggested.
Research from Sainsbury's Finance has found that 19 per cent of people that are planning to buy a new motor are not going to try and negotiate a price - even though it could lead to saving of around £1,468.
However, 60 per cent of respondents said that they would try to haggle 'hard or very hard' over the cost of a new vehicle - a move that could help people beat the credit crunch, the organisation claimed.
Steven Baillie, head of Sainsbury's loans, remarked: "In the current economic climate, fewer people are looking to buy new cars."
He added: "This is one of the best times to haggle over the price you pay."
Meanwhile, Norwich Union recently launched a new service that allows customers to compare its car insurance quotes with that of competitors.
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Hi
I think it’s not required to go to physical places to get your vehicles insured anymore. It can be done online, just visit:www.autoinsuranceplanners.com
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