Buying a Car

A car is accounted as one of the main purchases of a lifetime. Buying the right vehicle needs much thought and consideration, and if you spend too much time ‘price comparing’ but not enough ‘model comparing’, you could end up with a great price on a bad vehicle – which does not make a good deal eventually.

First, review your financial situation to determine what you can comfortably afford in your car purchase. Determine a maximum payment or purchase price and ensure that you do not exceed it.

Research the various models of vehicles available within your financial capabilities. Make comparisons based on what you need rather than simply what you want.

Eliminate the models that do not suit your needs.

When you have it narrowed down to a few models, consult other car owners and automotive publications for road tests and service histories.

Do financial comparisons on loans. Talk to banks and get their terms and rates.

Get a quotation.

Calculate the cost of your total ownership experience; including insurance, warranties and maintenance. Maximise your savings here or you run the risk of losing what you saved on the purchase!

Don’t rush to buy the first vehicle you see. Consult the comparisons you made earlier and if necessary, visit different dealers to compare prices and service deals.

When everything is right - the car, the dealership, and the price; relax and purchase the car.