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New Car Brokers ?

I'm looking at buying a new car and it appears using an online broker gives me the best deal.

I've looked at CarWow and Drivethedeal but it seems the best deal for a new Mazda 6 is with a company called "Newcardealer.co.uk"

I'm a cautious sod and so i've been searching the internet for any feedback on them,but i can't find any info so i'm assuming they are ok.

Contact with them has been efficient and professional and i'm tended to trust them.

My question is,what are the pitfalls of buying with these online brokers?

They are coming in at £5-6k cheaper than any dealer for the exact same car.All they want is a £500 card deposit and the balance paid when the car is on my driveway.

Whats the scoop?
«1

Comments

  • MX5huggy
    MX5huggy Posts: 7,170 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you can pay the broker the £500 by credit card direct (not PayPal) and then the balance to the supplying dealer on delivery. Then the pit falls are minimal. I used DtheD it was the most pleasurable car buying experience I have had mainly due to the lack of salesmen.
  • Thats decent advice MX5huggy,thanks...the chap at the brokerage suggested i pay the £500 on a credit card for peace of mind,i'm not sure who id be paying the balance to ,the impression i got was that i'd be paying Newcardealer.co.uk
  • forgotmyname
    forgotmyname Posts: 32,994 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Identity Protection Limited ??? And a PO box number..

    Company number = SOURCE IT (UK) LIMITED,
    Nature of Business (SIC)
    :
    58142 - Publishing of consumer and business journals and periodicals


    Why do companies make themselves look fishy?
    Censorship Reigns Supreme in Troll City...

  • Now you've got me worried...do they look dodgy?
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Now you've got me worried...do they look dodgy?

    I have purchased a car via a broker twice, both occasions, they do not ask for any money, they put a dealer in touch with you and all your dealings are with the dealer at the broker price.
  • ray-s
    ray-s Posts: 21 Forumite
    Part of the Furniture Combo Breaker
    Have you looked at Motorpoint. Nearly new at a big saving.
  • Cornucopia
    Cornucopia Posts: 16,602 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Have you asked a local Dealer to match the broker price?
  • MX5huggy
    MX5huggy Posts: 7,170 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cornucopia wrote: »
    Have you asked a local Dealer to match the broker price?

    I did they said the price I was getting was less than they would pay for it.
  • Yes local car dealer cant come close i'm afraid which is what makes me suspicious really.
  • forgotmyname
    forgotmyname Posts: 32,994 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Go with a broker that doesn't hide their details, Whose company number relates to the what they do and where the address is not a carpet shop.
    Censorship Reigns Supreme in Troll City...

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