Buying a car

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

 

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