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Considering a Used Car or second hand vehicle? Before buying pre owned automobile, consider your affordability, and start with a monthly budget. A general rule of thumb -don't exceed 25 % of your gross salary. With the CPA in mind, consider all costs, including car insurance, as well as maintenance costs before buying a used vehicle or second hand car, such as wear and tear. You can buy a used or second hand vehicle, without a deposit; though ideally you want have a ten percent saved or more to bring the monthly repayments' on your used car down on the second vehicle you're purchasing. Ideally you want to purchase a pre owned car, with a solid warranty or one you can purchase a warranty for. As with any used cars for sale, always make allowances for unplanned maintenance issues, and ensure that you have available cash or facilities for any unplanned eventualities.
Vehicles, and especially used cars, are hugely personality driven. Best to decide on what's a need, then secondly on what the wants .Even if you have a used automobile or motor car in mind, consider all car brands, the features they offer, and how best it suits your financial needs. Also consider that, at various times, different vehicle dealers or car dealerships have specials on various used cars respectively. Also consider that the bulk of the car sellers, as well as later cars, have little differentiation in respect of the warranty terms they offer on second hand cars. Search sites such as, www.cars4sa.co.za, for a comparative analysis of the various used and new car offerings. This site offers ways to search for used cars using a variety of search tools. Buying a used car is also more affordable than buying a car with a balloon payment. What is a balloon payment? A balloon payment, or residual payment, is a payment paid only at the end of the loan period and you continue to pay interest on it. This amount is usually 40% of the purchase price and is unadvisable for first-time car buyers and anyone who cannot afford to pay the lump sum at the end of the load contract.
Used Car pricing, Is dependant, on a number of factors-The market value (or retail price) for used vehicles is based on their year model, condition and mileage. Popularity and availability are contributing factors. More popular used cars are generally sold at a premium in South Africa, as these used vehicles are sold quickly and are usually overpriced. Second hand cars typically represent an opportunity to buy a car or bakkie for a discount to the new car price, and to also buy up, and get a car with more bells and whistles! So consider all car brands, and test-driving a car, as well as car reviews, should be the final factor, in finding your ideal used vehicle. So you've got a short list of used cars you're interested in buying, now what? Once you have narrowed the list to 3 second hand cars, view their specs, on the view function on the used cars for sale page. Remember requesting a test drive, with our network of approved second hand car dealers is simply a click away.
So you've got a short list of used cars you're interested in buying, now what? Once you have narrowed the list to 3 cars, view their specs, on the view function on the used cars for sale page. Remember requesting a test-drive, with our network of approved used car dealers is simply a click away.
Choosing the right Used Car
Although not always as expensive, buying a used car can be as daunting and confusing a prospect as buying a new car, and the cost in the long run could far outweigh that of a new car. You still have to consider the cost and type of car, but now face the potential pitfalls of used cars is it legitimate, roadworthy and reliable where do I buy a used car?
Below is a list of tips to help you when buying a used car:
DIY Car Inspection
This may be helpful to take with you to ensure you don't forget anything.
Bodywork Rust
Engine
Test Drive
Remember if you still have doubts or concerns at this stage it is better to walk away from the vehicle and look for something else.