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Thread: Car on R2500 budget?

  1. #1

    Default Car on R2500 budget?

    Hi guys
    my mom is looking for acar & wants to pay R2 500 max per month.

    any suggestions?

    I asked her to look at

    new:
    Nissan Micra or Hyundai i10

    2nd hand:
    2006 corsa
    yaris

    any idea how those *drive a new car for R599 per month* things work? she's even willing to drive around with that as long as she gets a car

  2. #2
    Chrome Boy Chrome's Avatar
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    Is that including insurance?

  3. #3
    Super Grandmaster HapticSimian's Avatar
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    Quote Originally Posted by ice_cubes View Post
    Hi guys
    my mom is looking for acar & wants to pay R2 500 max per month.

    any suggestions?

    I asked her to look at

    NEW:
    Nissan Micra or Hyundai i10

    2nd hand:
    2006 corsa

    any idea how those *drive a new car for R599 per month* things work? she's even willing to drive around with that as long as she gets a car
    That'll buy you a car in the R100k to R120k range, without insurance. You can get a lot of car for that on the second-hand market, but only little econoboxes if you're looking at new or nearly new.

    Depending on your mom's needs a new Picanto (subjectively nicer than the i10) might suit her better than an older, bigger, higher spec'd car.

    As for the "*drive a new car for R599 per month* things" - stay away. You still pay your instalment up front every month, but then supposedly you get reimbursed a portion depending on whether you covered the agreed mileage in that month. It's a borderline scam.
    In the Age of Information
    ignorance is a choice

  4. #4
    Super Grandmaster Nerfherder's Avatar
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    I have a micra, its got way more space and features then the Hyundai. My car is almost paid off now and I love it.... going to keep it for a while

    Just FYI:

    I got a demo for R100 000, put down R25 000 and took a 36 000 residual. The monthly repayments were about R1300 - R1500.
    The insurance was R1000 (I was 25 and had been in a few accidents and I was a male)

    So its possible to do it for R2500 pm

    My insurance is R450 now so it can be much cheaper.
    "What can be asserted without proof can be dismissed without proof." ~ Christopher Hitchens

    My idea of "Help from above" is a sniper on a roof.

  5. #5
    Chrome Boy Chrome's Avatar
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    Quote Originally Posted by Nerfherder View Post
    I have a micra, its got way more space and features then the Hyundai. My car is almost paid off now and I love it.... going to keep it for a while

    Just FYI:

    I got a demo for R100 000, put down R25 000 and took a 36 000 residual. The monthly repayments were about R1300 - R1500.
    The insurance was R1000 (I was 25 and had been in a few accidents and I was a male)

    So its possible to do it for R2500 pm

    My insurance is R450 now so it can be much cheaper.
    Paid off finance, or finance with residual? How you do it?

  6. #6

    Default

    excluding insurance, I will be footing that bill

  7. #7

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    Hyundai 120 or Ford Ka ftw!!!

  8. #8
    The poster previously known as Qwikslver Chevron's Avatar
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    OP. Look at the new picanto for new. For second hand look at the i20.

    Quote Originally Posted by Type RSA View Post
    Hyundai 120 or Ford Ka ftw!!!
    Lol. Someone recommending the ford ***.

  9. #9
    Super Grandmaster Nerfherder's Avatar
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    Quote Originally Posted by Khanya View Post
    Paid off finance, or finance with residual? How you do it?
    Paid off finance. Just refinanced the residual but will pay it off quick. Just don't have the cash flow at the moment.
    "What can be asserted without proof can be dismissed without proof." ~ Christopher Hitchens

    My idea of "Help from above" is a sniper on a roof.

  10. #10

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    Quote Originally Posted by Type RSA View Post
    Hyundai 120 or Ford Ka ftw!!!
    New Ford KA might be worth the wait. Just had one on hire in UK ...very nice.

    My folks just retired..I found them a 2010 Getz 1.4 High Spec with 15000km on the clock on Hyundai R99900 special all in..balance of warranty and 45000km service plan. Insurance is like R210.

  11. #11
    Chrome Boy Chrome's Avatar
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    Quote Originally Posted by Type RSA View Post
    Hyundai 120 or Ford Ka ftw!!!
    Didn't know the're's a one hundred twenty model. :P

    And how can you say i20 or Ford Ka? Wtf?

  12. #12
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    Ford Ka? Wtf bra that's like comparing steak to bully beef.

  13. #13

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    Have a look at http://www.justgroup-africa.com/, I helped my mother get a car on there with very low mileage for considerably less than what your mother can afford.
    Only the ANC will try to deny that e-tolls cost them a ton of votes in Gauteng...

  14. #14

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    Quote Originally Posted by etwylite View Post
    New Ford KA might be worth the wait. Just had one on hire in UK ...very nice.

    My folks just retired..I found them a 2010 Getz 1.4 High Spec with 15000km on the clock on Hyundai R99900 special all in..balance of warranty and 45000km service plan. Insurance is like R210.

    where did u get this deal from?

  15. #15

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    Quote Originally Posted by Wyzak View Post
    Have a look at http://www.justgroup-africa.com/, I helped my mother get a car on there with very low mileage for considerably less than what your mother can afford.

    whats the catch? these prices are great

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