'The most sensible option is one most people overlook' - money experts on the smartest ways to finance a new car

"If your 2026 plans involve getting or updating your car, here are the best ways to pay for it"

"Cars are one of the hot middle-age dinner party topics, along with recommendations for a carpet cleaner or a decent supermarket wine."

"There's a lot to consider when buying a car, from deciding whether or not to go electric to choosing the best finance option."

Plan vehicle purchases or updates for 2026 with careful attention to payment methods and financing structures. Evaluate whether to choose an electric vehicle or a conventional model based on personal needs, running costs, and available incentives. Compare cash purchase, loans, leasing, and trade-in options to determine which financing approach best suits budget and ownership goals. Factor in total cost of ownership including insurance, maintenance, and depreciation when assessing affordability. Match the chosen payment method to long-term plans, driving habits, and cash-flow considerations to optimize value and convenience.

Read at Independent