Smart way of buying a car


Also, in case, if you are looking for a decent car, you can still purchase a decent car which costs R100 000.00. So by putting that money on a monthly basis for the next six months, it prepares you for a lifestyle, which is less by that amount. And again it prepares you for that time when you have a contract with the bank, which is an obligation for you to pay that amount each and every month. 

Remember, guys, that money includes your car insurance, your monthly petrol and your car service. Let's say, for example, you want to buy a car that costs R100 000.00 and they charge you an interest rate of six percent annum. And you are paying for the car for sixty months. You can do calculation based on this information. 

Unfortunately, I don't have a calculator with me, but in terms of estimations, you can visit a website from any of the banks and do estimate calculations, so that you are able to see exactly how much you will be paying just for the car only and not insurance or patrol. and again service

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