By Merryn Somerset Webb – Money Week – November 4 2008

So which sites should you visit? For new cars, try Autoebid.com says Whatcar. On average, using this reverse auction site – on which dealers bid each other down to win your business after you have specified the model you want and the price you are prepared to pay – saves buyers around 24% or £3,000 on the list price of a new car.

Given how over-priced the UK car market still is relative to those in Europe, you’d be mad not to give this a go if you are serious about buying a new car at the moment.

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