Hi all
Just finished my degree and will be working as a junior developer starting next year. However, I can no longer rely on my parents' cars so I need to buy my own.
My budget is around R120k to R135k. The car will mainly be used for commuting in Pretoria (roughly 40km/day.)
Now I'll be honest, I have my heart set on a second hand 2016 Hyundai Grand i10 Fluid for around R135k at a Hyundai dealership. It has relatively low mileage (46k) and the balance of the 7-year factory warranty. For me, the biggest pull is the warranty, it seems like a good idea to buy a car with around 4 years left of its warranty. The 1.25-litre engintjie does not wow but seems to serve its purpose in the city.
However, I am not a car person and that is why I'm making this post.
Am I getting in over my head? Should I even be looking at such new cars for my first car? The R135k price tag is already stretching what I am willing to pay for a car. I realise by knocking down a few years and adding kilos, I can get a much nicer car but without the warranty. Am I maybe placing too much emphasis on the warranty? A car is not an investment but is it sensible to pay a bit more now for a car that will (hopefully?) be worth something a few years down the line when I inevitably want to move to something with slightly more power?
Due to a recent accident while on my parents' insurance, my premiums will be quite a lot as well, so that is something I need to keep an eye on.
Any life advice or car recommendations would be greatly appreciated!
Just finished my degree and will be working as a junior developer starting next year. However, I can no longer rely on my parents' cars so I need to buy my own.
My budget is around R120k to R135k. The car will mainly be used for commuting in Pretoria (roughly 40km/day.)
Now I'll be honest, I have my heart set on a second hand 2016 Hyundai Grand i10 Fluid for around R135k at a Hyundai dealership. It has relatively low mileage (46k) and the balance of the 7-year factory warranty. For me, the biggest pull is the warranty, it seems like a good idea to buy a car with around 4 years left of its warranty. The 1.25-litre engintjie does not wow but seems to serve its purpose in the city.
However, I am not a car person and that is why I'm making this post.
Am I getting in over my head? Should I even be looking at such new cars for my first car? The R135k price tag is already stretching what I am willing to pay for a car. I realise by knocking down a few years and adding kilos, I can get a much nicer car but without the warranty. Am I maybe placing too much emphasis on the warranty? A car is not an investment but is it sensible to pay a bit more now for a car that will (hopefully?) be worth something a few years down the line when I inevitably want to move to something with slightly more power?
Due to a recent accident while on my parents' insurance, my premiums will be quite a lot as well, so that is something I need to keep an eye on.
Any life advice or car recommendations would be greatly appreciated!
