Before buying a car in South Africa, it’s essential to consider various factors to ensure you make an informed decision. This comprehensive guide will outline the key considerations to take into account:
- Budget and affordability: Assess your budget to determine how much you can afford for car repayments and other associated costs, such as insurance, maintenance, and fuel. Remember to shop around for the best insurance deals.
- Type of car: Decide what make and model of car you need based on your requirements and lifestyle, rather than just your preferences. Consider factors such as the size of your family, work commute, and intended usage.
- Research: Conduct thorough research on the car models you’re interested in, including specifications, features, reliability, and resale value. This will help you make an informed decision.
- Car registration and paperwork: After purchasing a car, you’ll have 21 days to register it at the local licensing office. You’ll need documents such as a Roadworthy Certificate (RWC), current registration, proof of payment, passport with work permit or visa stamp, and driver’s license.
- Vehicle inspection: When buying a used car, inspect it for signs of damage or wear. Check panel gaps, alignment, and overspray. Look for any visible issues or hidden problems. Always take a test drive to ensure you like the car and to check for any potential issues.
- Vehicle history: Check the car’s history, including previous ownership, accident records, and maintenance history.
- Offer to purchase and deposit: Once you’ve settled on the price with the seller, sign an offer to purchase. You may also need to pay a deposit for surety reasons, typically around 10% of the asking price.
- Financing: If you’re purchasing the vehicle with financing, provide documents such as proof of employment or income. However, if you’re buying the car with cash, you’ll need fewer documents to complete the deal.
By considering these factors, you’ll be better prepared to make an informed decision when buying a car in South Africa.