How Much Can You Save Buying Nearly New in the UK?

When it comes to buying a car, everyone wants the best deal possible. While brand-new models look appealing in the showroom, the truth is that a nearly new car can save you thousands of pounds without compromising on style, reliability, or performance.

Here’s a closer look at just how much you can save by choosing nearly new in the UK.

1. Depreciation: The Hidden Cost of New Cars

The biggest reason nearly new cars are such great value comes down to depreciation. A brand-new car can lose up to 30% of its value in the first year alone. That means if you bought a car for £20,000, it might only be worth around £14,000 after 12 months—even if it’s barely been driven.

By buying nearly new, you let the first owner take that hit. You enjoy the same quality, but at a much lower price.

2. Real-World Examples of Savings

Let’s take a look at some typical savings you might see:

• A Ford Fiesta brand new might cost around £18,000. A nearly new model, just one year old with low mileage, could be priced closer to £13,000—a saving of around £5,000.

• A Nissan Qashqai new might be £30,000. The same car, less than 18 months old, could be available for £23,000—around £7,000 less.

• A BMW 3 Series might be £42,000 brand new, but a nearly new version could be £33,000—putting nearly £9,000 back in your pocket.

These examples show how quickly savings add up when you choose nearly new.

3. Lower Running Costs

It’s not just the purchase price where you save. Insurance premiums are often lower on nearly new cars compared to brand new ones, as insurers see them as slightly less risky. You might also save on road tax, especially with modern, fuel-efficient engines that nearly new cars still come with.

4. Finance Savings

If you’re paying monthly, the difference between new and nearly new becomes even clearer. Because the price is lower, monthly finance payments are often hundreds of pounds cheaper—making it easier to manage your budget without sacrificing quality.

5. Great Value Without Compromise

Nearly new cars are usually just one or two years old, with low mileage and modern features. You’ll still enjoy the latest technology—like touchscreen infotainment systems, advanced safety features, and efficient engines—without paying the premium price tag of brand new.

Final Thoughts

When you add it all up, buying nearly new in the UK is a smart choice. You save thousands on depreciation, enjoy lower finance payments, and still get a modern, reliable car.

At GM Automotive, we specialise in nearly new cars that are carefully selected for quality and value.

🚗 Browse our stock today and see how much you could save.