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RedViking
Nord of the South
Like the entry level one. No fancy anything. Monthly installment + on the road + insurance etc. Just want to get an idea if I need to entertain this thought or forget it like my ex girlfriend.
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Question of the Day: How often do you fill up your car with fuel?
What is the actual cost of owning a new Kia Picanto basic?
- Thread starter RedViking
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RedViking
Nord of the South
Where is this R3 399???
WAslayer
Honorary Master
That's probably on what they call a step payment plan, over 96 months with the installment increasing every year by about 10%..
FiestaST
Honorary Master
*cough*
*farts*
*farts*
FiestaST
Honorary Master
Do you do 96 months my man 
RedViking
Nord of the South
I've never bought a car on devils contract. Always cash. Also keep them till they moeg. But I need to travel more often and leave my wife without a vehicle. Its probably just a pipe dream seeing how expensive it is. I'll keep a vehicel min. 20 years if it was brand new.Do you do 96 months my man
RedViking
Nord of the South
Yeah I dont think I will do that unless it is a flexi contract similar to buying a house where you can pay it off earlier and you only pay interest on the amount due etc.
RedViking
Nord of the South
Can one pay off a car earlier similar to a house bond and reduce the interest over time?
RedViking
Nord of the South
Whats your rates for money lending?
It's been like that for a while, either 72 months with a balloon or 96 months no balloon.
The bank will get a kak ton of interest either way.
SauRoNZA
Honorary Master
R260,996
Add R10,000 between on the road fees and Smash&Grab and a cheap bottle of wine, let's make it a square R270,000.
R6067.65 per month without any deposit at prime over 60 months.
They might make you put in a deposit so say 10% then it becomes...
Deposit : R27,000
Instalment : R5470.46
Now you should come to the conclusion this is outrageous and therefore buying the base model makes no sense so you just go flat out for the top of the range and actually get something you like to drive around in.
R6355.19 with the same deposit.
Makes no sense to suffer with a basic piece of **** for so little price difference.
Add R10,000 between on the road fees and Smash&Grab and a cheap bottle of wine, let's make it a square R270,000.
R6067.65 per month without any deposit at prime over 60 months.
They might make you put in a deposit so say 10% then it becomes...
Deposit : R27,000
Instalment : R5470.46
Now you should come to the conclusion this is outrageous and therefore buying the base model makes no sense so you just go flat out for the top of the range and actually get something you like to drive around in.
R6355.19 with the same deposit.
Makes no sense to suffer with a basic piece of **** for so little price difference.
Ϲhristopher
Senior Member
- Joined
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Paying off a vehicle over eight years? Are there really people dumb enough to do this?
Quicks
Executive Member
Now that's a overpriced POS. 1L engine.
Seriously the cars here is stupid expensive.
Seriously the cars here is stupid expensive.
Quicks
Executive Member
Sure there is because of affordability, banks dealerships, ANC Taxes. Taking the piss out of people.