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Showing posts from May, 2022

An Ultimate Guide To Buying A Used Car

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  With vast distances from one side of our continent to another, people have adopted cars as the transportation mode of choice. And with millions of registered cars scattered across our plains, we surely are a nation of auto enthusiasts.  So, when the time arrives to bid our old wheels farewell; we are presented with several options. We can order new from the factory floor; go with a low mileage demonstrator, or perhaps elect to purchase a quality used car for sale . Buying a used car for sale in Kuils River has long been a favoured choice for those seeking to own a quality car at a lower price point. While they may have clocked up a few kilometres, buying a used car has its advantages. Perhaps the most compelling reason for a used car purchase is depreciation . On average, new cars can lose up to 30 percent of their value in the first three years. As such, it is possible to save quite a bit of coin on a younger used car. By investing in some research and some savvy used-car shopping,

How To Avoid A Debt Crash When Buying A Second-Hand Car

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As the cost of living continues to pinch and fuel costs soar, you may be looking to downgrade your car to a used car in Jo-burg that’s more affordable . Before you venture into the second-hand car market, here’s what you need to know: According to Experian’s Q1 Consumer Default Index for 2021, while home loans and retail loans have shown an improvement, car loans have deteriorated by a substantial margin, from 3.67% in March 2020 to 4.10% in March this year in terms of outstanding debt. “Reports by TransUnion and National Debt Advisors have echoed these findings and despite the lockdown relief measures put in place by banks to assist cash-strapped borrowers, car repossessions are rising,” says Marc Friedman, chief executive of Weelee.co.za. “Covid-19’s third wave is putting South Africans under even more pressure. To avoid a repossession, cash-strapped vehicle owners need to react promptly and be wise in weighing up the various options available to them.” Friedman suggests