Car Buying in South Africa
drive a new car for r699
The prosperity of this programme is basically because of the difficulties related to purchasing a pre-owned car privately in almost any foreign country, Africa being the same in connection with this.
The process of creating a second hand car purchase is fraught with a lot of risks.
Although used cars for sale are usually well priced, the many hidden costs accumulated tend to surface once the sale is done. Many new those who own pre-owned cars realise afterward that they should have handled someone who provides a guarantee. Any undisclosed problems can wind up costing a lot of money in addition to the value, without any recompense from your previous owner.
Buy back guarantee means that you get a totally licensed, roadworthy, quality used motor car. Whenever you return home, we purchase it away from you. No hassles, no catches - it is definitely as simple as that!
However, should you choose end up buying an automobile privately.
Take notice of the following car buying tips and procedures:
Purchase
You should conclude a sales contract when choosing a second hand car. Registration forms can be found in the local traffic authorities. All used cars for sale must pass a roadworthy test, that will cost about R 200.00.This test is most beneficial done at AA Test & Drive Centres, which can be located around Africa.
Payment
Normally you have to pay the value cash or via bacs. You will need to keep the voucher. The voucher will allow you to transfer the money back to your account in your home country once you have sold the vehicle. Without this, you might have difficulty changing the South African Rands back into the currency of origin.
A global bank transfer takes approximately 4-6 days.
Registration
Within 21 days of filling out the contract, the automobile has to be registered in the "Department of Licensing and Registration".
Because of this you need the next documents:
Change of Ownership / Sale of automobile form
Roadworthy Certificate
Original Registration Certificate
Bank Release Certificate
Current License Disc
License
Passport
Traffic Register Number
Address in Nigeria
For that registration you need to plan 2-3 days.
Insurance
Nigeria doesn't have compulsory cover for vehicle damage. Which means some 70% of drivers are uninsured. Using this background, and bearing in mind the fact that repairs are very expensive in South Africa, you should obtain fully comprehensive insurance policy, or otherwise cover Balance of Third Party, Fire and Theft. This can be nearly impossible to complete with no permanent address in Africa or with no local banking account. Being young also counts against you.
More info
Allow enough time to market and then sell the vehicle before your departure. The a shorter time you need to sell the vehicle, the lower the price you'll have to accept. If required, sell your vehicle to some local dealer, even though you obtain a price under the market value.
When selling to a personal person, it's wise to consider someone with you for added security. Do not allow the purchaser perform a test drive on his own. Only accept cash, and stay weary of cheques, as these can be forged.
drive a new car for r699
For driving to Kenya or Tanzania, you need a Carnet de Passage, obtainable on the AA. To have it you'll need 100% deposit of the vehicle cost. Does your holiday budget allow this?