If you are planning on buying a new vehicle, now is probably the right time to do so. But before you visit the nearest car dealership, you need to ask yourself the following questions. This will help you make the right decision before going vroom vroom out of the showroom.
What is my budget for a new vehicle?
The first question you need to ask yourself is the amount of money you are willing to spend on a new vehicle. Will you need finance or are you happy to choose a used vehicle that wouldn’t send your budget spiralling out of control? A minimum of between R150 000 and R200 000 is what you need to buy a fairly decent new hatchback or sedan. However, you will have to beef up your budget to get an SUV.
How many kilometres do I drive every day?
The second question you need to ask yourself is about the kilometres you will cover every day driving the vehicle. This will form the basis to help you answer another important question – fuel type and mileage. If you need to travel long distances, a vehicle that gives you better mileage (average km per litre) should be a good choice.
How many years do I plan on driving the vehicle?
Many new vehicle owners prefer a used vehicle over a brand new vehicle because they would like to get rid of the fear of the road and it is easy on the pocket as well. Also, determining this helps in deciding whether or not should you take a loan for how many years.
Then ask yourself:
New vs used?
A new vehicle with new features or an old vehicle that is affordable – both these options come with their pros and cons. On one hand, a new vehicle will be expensive, but a used vehicle will not last very long. Similarly, with a new vehicle, you will be the first one to drive it, but a used vehicle is easy on the finances.
Power vs practicality?
A stylish hatchback or a comfortable sedan or a powerful SUV? The answer to this question may vary from person to person. For someone who likes to drive will probably choose a powerful car, whereas someone who wants to go from A to B will prefer something economical.
Petrol vs diesel?
What you should consider is the number of kilometres your car will run every day. If your daily trips amount to 100km then you should opt for a diesel engine or else, going for a petrol engine should be your preference.
You should now have some idea on what type of vehicle you want to buy this festive season.