Good to Know with Wendy Knowler

6 common mistakes we've all made when buying our first car

Good to know with Wendy Knowler is a monthly consumer podcast series that gives subscribers insights into the most common mistakes made by consumers in South Africa. If you are in the market for a car, planning your wedding or wondering how to change your travel plans – this series will have something for you. Subscribe so that you don't miss out on the series, here.

In the first episode, Wendy Knowler talks about the common mistakes first-time car buyers make when purchasing a car and, by the looks of it – most of us have fallen victim to at least one thing on her list.

Here are Wendy Knowler's top six tips to consider when buying your first car:

1. Do your homework and drive that internet search hard

Google the name and model of the car, the dealership and check if people have complained about the car or the service from the dealership on Hellopeter.

2. Think about the real reason you want to buy that particular car

Assess your budget and consider whether you're living beyond your means and remember, your car insurance premium will increase based on the type of car you purchase.

3. Test drive the car, especially if it's not a brand new car

You should test drive all cars, especially second-hand cars on a hill with the air-conditioner on and, over speed bumps to determine if there are problems with the suspension.

4. Blindly trusting the salesman when it comes to used cars

Car salesman aren't exactly known for being forth-coming with information about second-hand cars, especially if the car had been in an accident. Get the car tested by a third-party inspection centre and specifically ask them to look for signs of major accident damage and, then request for the key to be sent to the dealership for an a report as well as the service book.

5. Not sourcing your own financing will cost you big time

The interest rate will have a major impact on the costs of the car. If you don't shop around for a finance deal with the lowest interest rate, you're likely to end up with a deal that benefits the dealership and not you. Balloon payments? This deal allows you to buy a more expensive car for a lower installment, leaving you with a once-off repayment of an outstanding lump sum.

6. Getting locked in a contract padded with adds-on

Keep an eye out for the various add-ons that dealerships tend to add to the contract. The bow that you get on the car, the champagne, flowers and the gift you get when you buy the car – they're all add-ons that you end up paying for. Other add-ons to look out for are, paint protection, extended warranty, sound systems, car alarms and valets.

Got an idea that you think would make a great podcast? Send an email to consumer@knowler.co.za with Good to know with Wendy Knowler in the subject line followed by your podcast pitch.

For more consumer-related stories, tune in or visit the ConsumerTalk feature page.

ConsumerTalk with Wendy Knowler on Afternoons with Pippa Hudson, Wednesdays between 13.00 – 14.00 on Cape Talk.

Knowler Knows Consumer Talk on The Azania Mosaka Show, weekdays between 13:00 – 15:00 on 702.


Recommended

by NEWSROOM AI
Read More
When the coronavirus default tsunami hits,  how will banks respond?

When the coronavirus default tsunami hits, how will banks respond?

This edition of Consumer Corner looks at how lay-offs, closures and quarantine will impact people's income and ability to repay debt.

 Sudden cancellation of life and illness policies -  consumer warrior advice

Sudden cancellation of life and illness policies - consumer warrior advice

Wendy Knowler, consumer Ninja, has a horror story about insurance policies being cancelled - by sms.

Telkom directory used to dupe small business owners

Telkom directory used to dupe small business owners

Hundreds of small businesses which fell prey to a phone directory listings scam, should relax and read here.

#KnowlerKnows Consumer Talk: Digging yourself out of debt

#KnowlerKnows Consumer Talk: Digging yourself out of debt

Correspondent at Consumer Talk Wendy Knowler sits down with Azania to talk about the burden of debt and possible solutions.

Knowler Knows Consumer Talk: Caught red handed or unintentional shoplifting?

Knowler Knows Consumer Talk: Caught red handed or unintentional shoplifting?

Consumer journalist Wendy Knowler shares advice on the Knowler Knows Consumer Talk feature on the Azania Mosaka show.

[LISTEN] Buyer beware! The pitfalls of purchasing a second-hand car

[LISTEN] Buyer beware! The pitfalls of purchasing a second-hand car

In the market for a cheap second-hand car? Here are the challenges of buying a second-hand car "as is."

Popular articles
COVID-19 death toll rises to 18 in SA, cases at 1,845

COVID-19 death toll rises to 18 in SA, cases at 1,845

In a statement released on Wednesday night, the minister said the cases had gone up to 1,845.

Lockdown: Companies with good service on social media - and those without

Lockdown: Companies with good service on social media - and those without

Consumer journalist Wendy Knowler investigates which companies are meeting their customers’ needs on social media.

How to support outdoor entertainment indoors

How to support outdoor entertainment indoors

Theatres across the world have gone dark, but you can still support and watch the arts while at home

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

Bruce Whitfield interviews Richard Friedland, CEO at Netcare – owner of the hospital at the epicentre of KZN’s Covid-19 outbreak.

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Tiger Brands CEO Noel Doyle assures South Africans that there are sufficient supplies of most of the company's products.

Dis-Chem launches drive-through COVID-19 testing sites

Dis-Chem launches drive-through COVID-19 testing sites

The company says the tests will cost R850 each and it may take 24 to 48 hours to get your results back.

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

The company is making it available to approximately 430,000 registered healthcare workers on the front-line of the pandemic.

Lockdown shelters in Tshwane helping reunite the homeless with their families

Lockdown shelters in Tshwane helping reunite the homeless with their families

Joanne Joseph speaks to City of Tshwane administrator spokesperson Omogolo Taunyane- Mnguni to find out more.

Only fruit and veg, fresh meat, grocery, spaza shop permits to be issued - Cogta

Only fruit and veg, fresh meat, grocery, spaza shop permits to be issued - Cogta

Deputy Minister Obed Bapela says permits fro cooked food will not be issued as well as furniture shots.

Savanna Virtual Comedy Bar launches on Thursday, featuring comedic heavyweights

Savanna Virtual Comedy Bar launches on Thursday, featuring comedic heavyweights

Bruce Whitfield and comedian John Vlismas share a few Covid-19 jokes and discuss the launch of the virtual comedy club.