How To Buy a Car in South Africa?
Purchasing a vehicle is an experience that most of us will experience at least once in our lives, however almost all of us will also not know how to approach the process in a way that optimises the experience for our bank balance, driving pleasure and reliability levels. Which is why we have included a brand neutral approach on “How to Buy a Car”, which can be used to purchase a new or used Nissan from us, or any other model vehicle from one of our competitors. Simply stick to these How to Buy a Car rules below, and we know that you’ll get the best possible deal every time you are looking to buy a car.
1. Always Do Your Research
Knowledge is power, and when you are deciding on buying a new car, always approach the process with as much information as possible. Brochures are all available online, as are the latest prices and vehicle promotions, so read about a potential purchase before entering a showroom. Also, if you’re considering buying a second hand car, don’t forget to research the recent resale prices for the car models you are considering. Remember, the internet has all of the information you’ll ever need on it, so utilise it wisely.
2. It is Best to Have Pre-financing Options
Do not simply assume that the best possible vehicle financing options available to you will be from the dealership. Contact your bank, or other vehicle financing institutions, to enquire about pre-financing options before you visit a showroom. This will give you a much better knowledge of what you can afford, as well as give you the opportunity to negotiate the best possible interest rate. And remember that once you obtain a quote a vehicle pre-finance quote, get it in writing as you can use it as leverage to negotiate a lower dealership interest rate.
3. Always Shop Around
Never simply walk into one showroom and purchase the first vehicle that appeals to you! Even if you have a specific model or brand in mind, visit at least 2 other dealerships to ensure that you are getting the best possible deal. If possible also contact out of town dealerships, because many larger vehicle retailers such as us have national vehicle delivery network, and some vehicle prices might be better in other areas of the country (this is specifically true for the used car market).
4. Look at New and Used Car Options
New is great, but is it best for you? New cars depreciate considerably the moment you drive them out of the showroom, so a gently treated pre-owned vehicle might sometimes make more financial sense when purchasing a vehicle. Keep an open mind when buying a vehicle and consider both new and used options before making a final decision. And remember, we can assist you with How to Buy a Used Car, as well as a new one at any time.
5. Buy Based on Purchase Price, Not on Monthly Payments
Always be aware of what the purchase price of the vehicle you are looking at is. A low monthly payment is great, but if you land up being locked into a lengthy payment period the vehicle of your dreams could become a costly nightmare over time. Also, check that there are no hidden costs, and ask for all taxes, additional fees, or dealership costs that might be included in the purchasing fine print.
Choosing the Right Car
How do I go about Choosing the Right Car for Me? This is a question that has been asked of us countless times, yet is an easy one to answer. Firstly, you will need to determine your budget (see above for advice). Then you’ll need to establish what your vehicle needs are. Once this is done you can settle on the choice of what brand you prefer, and then you can decide Which Car to Choose, be it a new or used vehicle.
Buy My Car
One of the best ways to afford to Buy a New Car is to trade your current vehicle in by bringing it in and allowing us to evaluate it. We’ll then offer you a competitive price and then Buy Your Car. The better the condition of your vehicle the higher the trade-in offer we will make. This will allow you to use the funds gained when selling your car to place an even larger deposit and this in turn brings down the overall repayment value of the vehicle you choose to purchase from us.
Contact Us Before Purchasing a Vehicle!
We at Group 1 Nissan pride ourselves on our customer service, and are here to help you in any way that we can when it comes to learning more about How to Buy a Car. If you have any questions regarding buying a new car, then please don’t hesitate to contact us at one of our showrooms in the Western Cape, The Eastern Cape and Gauteng.
Buying a Vehicle FAQs
Q: I want to buy a car, what must I do?
A: Buying a car is simple when you have the right people helping you, which is why our team of professional sales executives and automotive finance officials are here to guide you every step of the way. Please visit or contact us at Group 1 Nissan in Gauteng, the Western Cape or the Eastern Cape to find out more about how we can assist you when you want to buy a car.
Q: How long does it take to buy a car?
A: The answer to this would be based on your credit score rating (or if you have pre approved asset finance), the type of vehicle you wish to choose (and its immediate availability based on where you are) and if you would like any additional features added or have a preference for a non standard colour option which we don’t currently have on our showroom floor. Please chat to one of our sales executives for a detailed breakdown of how long it will take to buy the car you are interested in.
Q: How do I buy my first car?
A: For a complete breakdown on how to purchase your first car please go to our How to Buy My First Car page.