Buy cheap 2nd hand cars to ensure that you’re not sacrificing all of your savings for a pair of wheels. Cars are not always affordable in South Africa. It is not one of our primary manufacturing industries and as a result we often bear the brunt of high import taxes and greedy business people overseas. The easiest way to avoid these high costs is to purchase used vehicles which are for sale in newspapers or auctions. Bank repossessed vehicles are often the safest bets because they come in really good condition. Repossessions may not have been on your list, but they really are a good starting point for your search. In Gauteng and Cape Town sales are happening every week and every weekend. So get shopping for the car of your dreams.
Choosing bank repo vehicles is one of the easiest ways to buy cheap 2nd hand cars because repossessions are sold at low prices. Why? Well, often banks repossess cars when their previous owners are unable to make their repayments. The banks need to reclaim the funds as fast as possible, thus they sell the cars at a fraction of their real resale value. That means that you can buy used vehicles which are practically new at incredibly low prices. Auctions are the primary site of this type of sale, so look out for those for sale signs in your newspaper or online. Whether you are in Cape Town or Gauteng, or anywhere else in South Africa, it might be time to go to an auction.
For many people new vehicles are incredibly expensive and thus unaffordable. The average South African lives his or her life on credit and the last thing that they need is more debt. If this sounds like you, but you would still like to buy used vehicles, never fear. Often the banks are on site at auctions to offer you that helping hand in the form of vehicle finance if you need it. So take the time to check them out so that you can buy 2nd hand cars in SA at the cheapest prices available.