Here is the deal. I've been looking for a car for a while now. I have considered various options but I am still undecided as to what I am going to do. I live with my with girlfriend of 3 year for a year now. She has a car that we are sharing. My car was written off in an accident a year ago and insurance didn't pay out (I did that 'clever' trick of having the car insured under my dad's name
).
So the time has come for me to get my own transport. The nicer the vehicle the more interest I will end up paying the bank. I opened a thread a while ago asking for car suggestions and got lots of good advice, but not enough to really help me make up my mind. I came up with the following options.
I am leaning towards the motorbike because I can buy it cash (R30 000). I live 8.5km from work and I wear casual clothes to work. On the other hand I can get a not that awesome car and pay it off over 2 years (I can afford to put R4000 towards car payments).
I could also just save that R4000 and save it towards another deposit if I really hate the bike.
So the time has come for me to get my own transport. The nicer the vehicle the more interest I will end up paying the bank. I opened a thread a while ago asking for car suggestions and got lots of good advice, but not enough to really help me make up my mind. I came up with the following options.
- Buy a new 125cc motorbike (Honda CBR125R9)
- Buy a code 3 rebuilt car from someone trustworthy
- Buy a crap new car (****ty golf, sparky)
- Buy a less crap new car (Renault Sandero)
- Buy a entry level new car (Yaris, Polo, Peugeot 207)
I am leaning towards the motorbike because I can buy it cash (R30 000). I live 8.5km from work and I wear casual clothes to work. On the other hand I can get a not that awesome car and pay it off over 2 years (I can afford to put R4000 towards car payments).
I could also just save that R4000 and save it towards another deposit if I really hate the bike.