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Car finance: how to get a deal on a new or secondhand vehicle

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Learn the difference between HP and PCP – and the best ways to drive down the cost

The price of secondhand cars has rocketed, rising at “unprecedented rates”, according to the AA – amid a shortage of new vehicles rolling off the production lines. Incredibly, some models now cost more used than they would new. So even if you are going for secondhand rather than new, still make sure you’re not overstretching yourself.

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