Top 10 Affordable Cars - Ideal First Car (Budget Friendly)

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Hey bangani thanks for tuning in 😃!

Wishing you all the best with your car shopping. For specific amounts please visit the specific dealership website.

GOOD LUCK 🎉!!

#AffordableCars #AskMissK #CarBuying #Tips #SouthAfrica #YoungAdults #Adulting

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I'm definitely buying my first car this year 😌 🤗

sizilanancy
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"Make sure you buy something you will enjoy every time the money gets out of your bank account" I love this. I definitely want to enjoy my first car. Thanks for this video 😘

preciouschauke
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I have a Hyundai Grand i10 that'll be turning 5 years old this year. It's so perfect 🥺😍. Fuel efficient and low maintenance. I'm still in love🥰

nomfanelo_
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I bought my first car in 2016, Ford Fiesta ecoboost automatic for R210 000 brand new, I paid R4100 installment and it's paid off now. It doesn't consume a lot of petrol and it's fast too. I'm still driving it and have been happy with it since the day I bought it. The only negative thing: my service plan was only 3 years, I still service it with Ford and I have never paid more than 2K. It still in good condition and I think I will probably drive it for 2 more years.

Side note: when I was looking for a car back in 2016, I went to BMW first, I wanted 1 series with all of my being. I got the shock of my life when I found out how much they cost, I could afford it but I did not want the financial burden. I'm glad I did not let peer pressure get to me and I stayed in my lane.

klebization
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the biggest lesson of being an adult is "LIVE WITHIN YOUR MEANS!!" nothing will give you more peace than being realistic with affordability in regards to buying cars, homes and such.

kgomotsomothala
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Just to add on, The biggest trap is not realizing how big a decision it is to buy a financed vehicle, or purely deciding based on how affordable an instalment ad sounds.
It is very important to start off by looking at one's personal overall budget. Only then will you be able to determine a FIXED amount that you can AFFORD to spend ON A CAR, on a MONTHLY basis (INCLUSIVE of car insurance, monthly contribution towards balloon payment, annual and/or unforeseen maintenance, license disk, and other relevant costs). One also needs to ascertain if the fuel costs are going to be higher than the current commute costs (uber/taxi/rail). If a vehicle instalment leaves a person's budget on a deficit, it can only mean one thing,

From this point, it is of paramount importance to set an UPPER LIMIT on your vehicle budget, and be able to stick to it. Anything over the upper limit can only mean one thing,

Only then can one start thinking of their preferred models, Its funny how some makes and models will not cross one's mind after having set an upper limit to a budget.


It is always a bonus appreciating the following:
* a reputable dealership will reduce the chances of you buying GRANDPA everyday, or you looking like your GRANDPA quicker.
* a vehicle still on a service plan is always a better option,
* there is always a more affordable insurance premium than your first quote. Shop around.
* strive to get more value for the likkle money.
* there are SCAMS out there. Some deals are too good to be true, & No reputable dealership will rush to ask for a 20% deposit to secure the car.
* there are other costs involved (eg. vehicle registration, delivery etc)
* one can strike a cost price balance by adjusting the year models. For example, if a model had the most recent facelift in 2018, one can opt for the 2018 model as it will still be the most recent & coolest shape, but at a much lesser cost than the 2022 one. In most instances, the cost saving will by far outweigh the small additional features added annually.
* Time Value of Money (TVM) principles state that one will pay more interest if they are to take on a balloon payment payable at the end. I honestly don't understand why one would want to pay 30% of cost price, eg. (30% * R200k = R67K) at the end of the financing term. What guarantee do you have that life will have changed drastically for the better?

rodneytakudzwafusire
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When buying a car please don’t just consider the price, buy a reliable brand that is safe and you can find car parts should you need it. Also a car that will have a good resealable value.

abongilem
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While almost everyone I knew bought nice, cool, big cars with leather seats which was very nice, I bought myself a second hand Chevrolet spark car cash, this enabled me to go back to school, start 2 businesses and in just 2 years bought 2 properties. I'm still driving the Chevrolet spark and saving on fuel as well.

nopinkymatinise
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Am so shocked at how expensive these instalments are. My first car was Polo Vivo I bought it cash, my second is ford EcoSport I also bought it cash. Am glad that I don't succumb to pressure and rather wait and save until I am able to buy cars cash.

ncumisampongwana
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VW’S are so reliable. My mom got me a polo GT as a first car and it’s the best gift I’ve ever had ❤️

halfricandoll
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I am currently unemployed but I am buying my first car this year, with what I do not know.


UPDATE: got a job shortly after I wrote this comment 15 May last day of probation period…

First salary paid driving lessons and went for test failed, I’m testing again next week…

cbosjourney
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My first time here and I'm hooked. Straight to the point and informative. Thank you. I'm definitely subscribing!

nonjabuloradebe
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You are so spot on and I liked how u became realistic with the 13% interest rate because most delearships would advertise with a 7.25% which when u actually go get the car u get the shock of your life. Nice video 💯

rebatwins
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Congratulations on the polo, I love it too and I was looking in to buying one. Thank you this was so informative

khumomoatlhodi
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I drive a Chevrolet spark LS 5 door and I pay R3000 no balloon nothing. haven't had any issues since I've bought it and its a petrol saver.

nolwazizwane
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Loved the video, very informative and you gave us a good idea of wht the process is and how we need to take our time to pick out a good car in our budget. I drive a VW golf

davidkalumba
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This video is so informative and straight to the point, thank you Nokuhle😍🥰

mandisamondise
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what a beautiful video, much love and respect ❤, thank you for sharing

dinisibiya
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I'm glad I found your YouTube channel honestly 😍

Ekhaya_KwaMandatory
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My first car was a Hyundai Grand i10 and I would highly recommend. It drives very well (especially for a new driver). Hyundai also has a good maintenance/service plan. It's also not bad on fuel (especially compared to a Ford, kuyafiwa pha!) but VW is still the best in this area. I'm also very fortunate that my job involves buying a lot of cars and we've never gone wrong with a Kia Picanto, so that would be my second option....

Thank you very much for this always encourage people to do as much research as possible when buying a car.

ModernWife