Please help with advice on a car

That's a clever tip but just to expand on that, potentially it may also be relative to your risk profile and the vehicle whether the interest rate on the higher loan amount is actually less?

The amount plays a big factor in it. Your risk profile will determine what rate at a certain cost yes. You will still pay a higher rate on a smaller loan.
 
Check the safety rating of the cars, there's a car that i tested when it was launched but was definitely unsafe and won't recommend it
 
You can buy a nice second hand vehicle for 50K if you can find a private seller. Do your homework properly and what to check for. Take someone with who KNOWS what they are doing. You can get a really nice used car for 150K. I will avoid new as you can find much better quality used for that price.
 
Well at 50K you definitely have to wait and watch for a steal. www.anazi.com they will keep you updated on cars in your price range. Sometimes a steal pops up out of nowhere and it all depends on how patient you are. You definitely need something reliable as it’s for your mom. So a mechanically sound car that doesn’t cost much to maintain or fix when in a breakdown. A Getz is definitely one of those, even a Corsa C
 
You can buy a nice second hand vehicle for 50K if you can find a private seller. Do your homework properly and what to check for. Take someone with who KNOWS what they are doing. You can get a really nice used car for 150K. I will avoid new as you can find much better quality used for that price.

Totally agree. Cash is king. Cars advertised for 50k usually sell for 40k-45k, cars advertised for 60-65k, usually sell for around 50k. Depends how well you can bargain.

Well at 50K you definitely have to wait and watch for a steal. www.anazi.com they will keep you updated on cars in your price range. Sometimes a steal pops up out of nowhere and it all depends on how patient you are. You definitely need something reliable as it’s for your mom. So a mechanically sound car that doesn’t cost much to maintain or fix when in a breakdown. A Getz is definitely one of those, even a Corsa C

Didn't know anazi did this as well. I had a saved search on gumtree for the type of car I was looking for on gumtree, max price etc. You will then get daily updates when something matching your criteria pops up. But you gotta be quick. The good cars are grabbed instantly.
 
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