If getting a car is in your near future, you may be overwhelmed with the amount of information and types of cars out there. Asking yourself these 5 simple questions will help you decide on whether to buy new or used.
- What is my budget? This is a big one. Knowing ahead of time how much you can afford will make your search that much easier. Falling in love with a car that costs thousands of Rands more than you have in your bank account can be heart breaking, so it is best to avoid this situation at all costs.
- Do I change cars often? If so, opt for vehicles that depreciate slower than others or a second-hand vehicle, otherwise you will be stuck absorbing the loss of value in the resale price. If you plan to keep the vehicle for a long time, consider either a brand-new vehicle or a vehicle made within the last year or two; these will be your best option for a vehicle that will last.
- Am I mechanically inclined? New cars are under warranty, which is a huge plus if you are not mechanically gifted or would prefer not to worry about things going wrong with your car. If you do have mechanical talents, a second-hand vehicle will do you just fine!
- Am I technology buff? If you are a lover of technology, you’re in luck as the automotive industry is full of cars with cool built-in technology and added accessory options. A new (or new-ish) car is likely to make you most happy if this is your thing, as they will be equipped with the most up-to-date and exciting technology.