So, you want to buy a car. What do you need to think of/consider?
Firstly, what is the reason for the new vehicle?
Is it:
- To impress? Don’t buy things you can’t afford with money you don’t have to impress people you don’t like
- To generate an income?
- To make deliveries to my clients
- To take you from point A to point B?
- Is your current vehicle old and unreliable?
What type of car are you considering and why?
- A German Sports Car
- Reliable car
- A SUV
- Double Cab 4×4
- Well priced Bakkie
Thing to consider:
- What is your budget?
- Will you finance the car? What options do you have?
- Do you have a trade in? or
- Do you have a deposit/trade in?
- Insurance cover
Costs to consider:
- Purchase price
- Interest
- Vehicle registration fee
- Car licence fee
- Service and delivery cost
- Banks Initiation fee/Admin
- Insurance cost
- Fuel cost
- Maintenance
- Licence renewal fee