Work out the costs so that you can determine how much you can afford
Are you dreaming of the new car model that caught your eye the other day? All those incredible features that will turn your driving experience into total pleasure. Reality comes first and the first step in buying a new car must be working out an estimate price range you know you can afford.
To determine the amount you need the following information
Down payment How much cash can you put down up front, either with a trade-in or with both?
Monthly payment If you loan the money, what is the maximum amount you can afford to pay every month?
It&rsquos possible to find an new car loan that requires a minimal down payment, such as 5%. However it's best to put down as high a down payment as you can afford&mdashpreferably at least 20%. A higher down payment reduces the amount of money you need to borrow, which lowers your monthly payments and reduces the amount of interest you&rsquoll pay overall.
You don&rsquot have to make your down payment all in cash. If you already have a car, any trade-in allowance the car dealer gives you for it can be credited toward your down payment. Or you can sell it yourself, which will usually get you more money than trading it in. But you may need to do it before you buy your new car.
To get an approx figure for the monthly payment, it is recommended that your total debt payment be no more than 36% of your gross income. Going by this rule, you can use the following steps to determine how much you can afford
&bull    Calculate 36% of your gross monthly income.
&bull    Itemise and add up all your monthly payments, including your home loan or rent, credit cards and any other installment loans.
&bull    Minus the total of your monthly payments from the 36% amount.
E.g. if your pre tax income is R375 000, total debt payments should not exceed R130 000 a year. If your existing debt payments equal, say, R100 000 a year, you can afford to pay R70 000 per annum, or R2915 a month for car payments.
If you calculate your down payment and monthly payment, as well as a typical interest rate and the number of years you want to make the car payments (the term of the loan), you can then work out the price of the new car that you can afford and the loan amount for which you&rsquoll need to qualify. You can find out what the interest rates are by calling your bank or a lending institution.
Besides the new car price, you need to take into consideration other costs
&bull    Sales tax
&bull    Registration fees
&bull    Insurance premiums
Be aware that Taxes and registration fees can increase the cash that you need for your new car purchase by as much as 10% or possibly even more. Another factor is that if your new car is worth more than your old one then your insurance premium will increase. Check with your insurance agent or get insurance quotes online so you understand what you&rsquore getting into.
Visit www.imperialselect.co.za for great deals on new, used and demo cars.
Sure, many things could go faulty with cars and often we don't consider many of them to be all that serious. A squeaky window or seatbelt that won't click into place without a few tries may be annoying but they don't affect your car's mechanical performance. However, warning lights are installed in your car's console for a very good reason they all indicate when an urgent or serious problem has arisen and you should immediately take action if any of them light up. The moment you notice a warning light coming on, find the closest safe area to pull over as continuing to drive can very likely completely wreck your car. We're going to review some of these lights and what they indicate so that you can go to a car service and repair shop to get it corrected.
Check Engine Light
If you see this light turn on, you must get your car to an automotive specialist as soon as possible. This light can activate for several possible reasons, including a possible faulty sensor, it typically indicates that something is seriously wrong with your car's engine.
Oil Pressure Light
When your car detects critically low levels of engine oil, this light goes on.  You may have sprung a leak or crack in your oil tank or rings, or you may just have forgotten to fill up with oil. Either way, this problem causes your engine to overheat and can cause severe damage, so pull over as soon as possible and call for help. Or, if you're very close to a petrol station, park there and refill your oil tank until you can determine the definite cause of the problem.
Brake System Light
Another serious indicator, you may simply be driving with your handbrake up, or there may be more serious problems with our brake fluid or brakes. A quick way to confirm the issue is by pumping the brakes if they feel soft or the brake pedal drops without much resistance, you need to have your car checked out.
This one is quite straight forward your car is overheating and suffering damage the longer you keep driving it in this condition. You may just be out of coolant liquid, but there are also other possible causes.
Check Battery Light
If your battery light comes on, you are either dealing with a dead battery that needs to be replaced, or there may be a more serious issue causing failed power distribution.
If you experience any of these issues, it's best to take your car service and repair shop to avoid any further - and very costly - damages from happening.
Every so often our lives change and as they do, so do our lifestyle needs. If you've realised your current car isn't big enough to accommodate your growing family, you may be considering upgrading and finding a suitable used SUV for sale. If your budget is fairly tight and you want to ensure you get the best value for what you can afford, read on as we list some of the best budget options available locally.
Honda has long been a trusted name in the automotive industry and the CR-V has been a firm favourite among prudent buyers since it was initially launched nearly 30 years ago. It's ideal as a family car and will be a great companion on long road trips and holidays to the coast, just as much as the usual day-to-day work and school runs. Features vary somewhat, depending on which edition you're looking at, but the benefit of buying a used model that has a few years on the clock is that you'll be more likely to pick up a higher-end variant at an affordable price. Four-wheel drive, ABS, traction control and the usual array of SUV features come standard in all models but you will enjoy features including leather seats, sunroof, climate control, steering wheel controls and an upgraded audio system if you scout around for an upper-end variant.
You can expect to pay anywhere from R50,000 for a 2004 model, to R250,000 for a 2015 model.
Models produced around 2006 go for about R60,000, while more recent variants will set you back in the region of R250,000 for a 2015 model.
The SX4 is quite a bit smaller than most SUV models, but the interior was designed in such a way that you'll get the impression and feel of a much bigger vehicle. It's a sporty, compact mini SUV that will be ideal for a small family or people who enjoy weekends away or trips to the beach. Roof racks come as a standard feature on all models, giving you even more freedom to transport bikes, surfboards or other larger items. The SX4 was designed as a budget option to the buyer market, so don't expect lavish features and finishes from this model. You'll find it's a comfortable drive with a practical interior, so if simplicity and reliability is what you're after, this might be a good match.
Price-wise, you can pick up a 2011 model for around R50,000, while the last and most recent models will set you back about R180,000 for a 2015 model.
If you haven't seen a lot of new Daihatsu models on the road lately, it's because the company pulled out of South Africa in 2015. They were very popular for their Terios and other models, however, and you won't have to worry about maintenance, parts or servicing support as they were acquired by Toyota a few years ago. If you're not all too familiar with the manufacturer, Daihatsu has a strong reputation for building extremely durable vehicles that can comfortably take on heavier weather conditions with impressive road grip and control. It is very straight-forward in terms of looks and features, but you'll have access to fundamentals like remote central locking, air conditioning, electric windows, as well as classic SUV elements including a roof rack and permanent all-wheel drive.
You can pick up a 2008 model for around R50,000 and can expect to pay in the region of R135,000 for a 2014 model.
As they were designed to endure rugged and daunting road conditions, SUVs are designed and built to be exceptionally durable, which is why even an older used model will provide you with many years of comfortable and reliable driving. Contact us if you'd like to be notified when new stock arrives or if you'd like to discuss how we can assist you with claiming your own budget used SUV for sale.
When you're shopping around for a replacement car or a first-time vehicle, it's understandable that the sheer variety of models and manufacturers can be overwhelming to sift through. After all, each year we see the arrival of even more new car brands that are trying to get a foothold on our local shores and compete with more established names in the industry. Several years ago, KIA was one of those as yet unknown foreign arrivals that were met with reluctant gazes at first. Today, however, they are one of the most popular and trusted names in the car buyer market and most of us know of someone who has one parked in their garage. They've come a long way over the years and we can strongly recommend KIA with the belief that a used Used KIA for sale will give you years and many thousands of kilometres of driving pleasure.
1. An Impressive Amount Of Awards And Accolades
Globally the brand has succeeded in claiming some of the top accolades for quality. These include Highest Ranked in Initial Quality for the Soul, Cerato and Sorento in the U.S. for three consecutive years, the number one brand for several years according to the prestigious JD Power awards, the 2014 Standard Bank People's Wheels Award, and several of the models being nominated and winning car of the year awards locally and globally. In 2017, The Telegraph put them 3rd out of 20 for the most reliable car brands. CNN ranked KIA 6th out of 10 in 2015, and their reputation has consistently excelled since then. In 2016 Kia was ranked the number 1 brand for reliability by J.D Power, which made it the first non-luxury brand to top the list since 1989.
2. Highly Competitive Pricing
Looking at the standard features you'll find in any KIA model, you'd immediately realise that it's almost unheard of to find such offerings at the price they sell their models for. Yet somehow they've managed to pull together a manufacturing plan that allows the everyday car buyer to have a lavish, upper-class driving experience without needing to wreck their financial health.
KIA decided to make technological advancement a key goal in recent years and it shows. Their integrated control and entertainment systems and touch-screen consoles have become some of the best available, while their focus on giving drivers not only a means of transport but making every trip experience has paid off well. Everything, from the quality of the dashboard material to the carefully stitched upholstery or leather seats, reflects their keen eye for detail, dedicated passion and unwavering commitment to high-quality standards. Whether you opt for a Rio or a Sportage, you'll find cutting-edge technology integrated seamlessly with a superb driving experience and exceptional mechanical reliability.
The brand did not neglect safety as a key priority during their development process, as they are also ranked as one of the safest cars in the world to drive. The Sportage and Sorento scored a full five-star rating according to the IHHS safety ranking evaluation, while their other models comfortably hit the four-star achievement.
5. Strikingly Beautiful Design
Earlier on in the manufacturer's history, their cars weren't much to look at. The last decade, however, has seen the company evolving and re-emerging as one of the most aesthetically attractive manufactures in the world. This is greatly due to world-leading automobile designer Peter Schreyer, who joined the team in 2006 and completely overhauled the look and personality of the brand. He made his name in the industry thanks to his novel design of the Audi TT and brought KIA their signature tiger-eye headlight design.
6. Consistently Dependable Performance
The brand offers a 5-year/unlimited mileage warranty to new car buyers, which is great news for people who travel far more extensively than most drivers do. They can vary confidently offer this, considering their track record of achieving awards for reliability year in and out.
7. Sales Figures
Since the Sportage was launched, KIA has sold more than three million units. In September of 2020, the U.S. branch of the manufacturer achieved the highest sales total in the history of the company's presence in the country, with 55,519 units sold. In South Africa, their top-selling models in 2018 were the Picanto and Rio, with their popular Sportage units still consistently selling, albeit a bit slower for that year.
If you're sold on the idea of becoming the proud owner of a KIA, you can view a range of used KIA for sale. Imperial Select carefully checks and ensures the quality of all the vehicles we sell and also offer reliable after-sales services. If you need financing to afford the car of your dreams, feel free to contact us as we have fully accredited and registered Finance and Insurance Managers at each of our 50 local dealerships around the country.
In the current economic climate, it's important to spend your money wisely and always have a backup plan in case life throws a spanner in the works and you have to urgently make changes to keep head above water. If you need a new car, investing in a demo model with a high resale value will provide you with both the reliability of a new vehicle and the reassurance that you won't lose out if you sell your car in the future. If you're currently on the hunt for a new set of wheels, we've lined up the top-selling demo cars for sale that also has the highest ranking in terms of resale value.
Hyundai Grand i10
First introduced to the market in 2013, this zippy little hatchback is the slightly more upmarket version of the standard Hyundai i10 - which is and always has been a popular car in its own right. The Grand i10 is more spacious and larger overall than the standard i10 model and comes with two airbags, EBD and ABS as standard features. Hyundai South Africa no longer sell the standard i10 models locally, as the Grand i10 has proven to be preferred and more suited to the needs of the typical South African consumer. In 2019, the Grand i10 ranked in the top ten cars with the highest retention of resale value, at an average of 73.26%.
In 2019, two KIA models secured their place in the top ten best resale value cars, with the Picanto ranking at number two with an 81.27% value retention score. KIA is no stranger to local consumers and has consistently grown as a trusted and popular manufacturer over the years. The Picanto is a popular choice among youthful and fun-loving consumers, with a large portion of owners being students or young professionals looking for a reliable, feature-packed city car.
Another decades-long and enduring favourite manufacturer, Volkswagen created an absolute winner in the Tiguan. To date, it is the top-selling model in the entire range that Volkswagen has available, and boasts the achievement of being the best-selling SUV in Europe. Classified as a crossover SUV (which essentially means it looks and functions like an SUV, but is more compact in size), you'll find the Tiguan to be an absolute pleasure to drive and travel with, thanks to the array of features and stylish yet comfortable interior. The 2019 top ten cars with the highest resale value retention were dominated by the Tiguan, as it's the resale score of 87.07% propelled it to number one on the list.
When it comes to vehicles that clearly resonate with our local culture, the Hilux has always been considered a truly South African bakkie. This firm favourite landed 6th position in the top ten for 2019, with a resale retention value of 78.56% The Hilux is available in petrol and diesel variants, with additional options between 4x4 and 4x2 models.
Volkswagen Polo Vivo
Taking the third spot in the top ten line-ups for last year, the Vivo is yet another cult classic in South Africa. With a selection of integrated features that you'd typically only find in higher-end vehicles, the Polo Vivo outshines other vehicles in its category. The resale value of this model is rated at 80.42% and, as most people will happily confirm, it's a very reliable car from a highly trusted manufacturer.
If you're considering purchasing a demo vehicle, remember that Imperial Select has a varied selection of meticulous demo cars for sale and we offer our customers absolute peace of mind and consistently high standards of aftersales support. Take a look at our current stock on our website or give us a call if you'd like us to notify you of new stock arriving that may fit your requirements.
For any discerning executive, making a good impression is crucial, whether in the boardroom or while out networking. Just as is the case with your clothing and accessories, your car is a reflection of your style, status and work stature, which is why investing in the right make and model is essential to complete your professional ensemble. Thanks to the lockdown and financial pressures it has created, several people could not afford to keep their vehicles. While this has been an unfortunate and difficult time for many, it has opened up a wealth of options for car buyers looking for a great deal at the moment, which is why now is the best time to upgrade. We've compiled a list of some of the most desirable, best-used cars for sale that will reflect your professionalism and sophisticated taste.
An enduring favourite, the 5-series models have always been infallible at drawing attention and garnering instant admiration. BMW is synonymous with prestige and has held their ground as manufacturers of high quality, reliable cars for decades. Some of the standard features you'll get to enjoy in this range includes adaptive LED headlights and fog lights, 18-inch double-spoke light-alloy wheels, integrated BMW touchscreen navigation system, ambient and adjustable lighting in the cabin, and the reassurance of a safe ride thanks to the full five-star NHTSA rating it received in 2017.
If you're looking for something a little more exclusive, the Jaguar XF is an aesthetic masterpiece that radiates ageless sophistication and style. You could even drive around with a 2010 model and almost surely have more eyes fixed on you than you would in a brand new, mid-class car. Packed with all the luxury features you'd expect from an executive, upper-rank vehicle, you'll enjoy the meticulous cabin detailing and smooth driving experience while making an unforgettable impression wherever you go.
Just as is the case with the 5-series range, the BMW 7-series features an impeccable design aesthetic and pioneering engineering and technological innovations. Created almost exclusively for the highest standard of professionals and leaders, the 7-series is a much larger and visually impressive offering from the manufacturer. While surely not in the price bracket most can afford, you will undeniably command respect and admiration by owning one. Since their initial introduction to the market back in 1977, BMW has always focused on implementing its most recent technological innovations exclusively in this range. All of the advanced features you are familiar with in today's higher-spec vehicles, such as Xenon headlights, night vision and satellite navigation systems were originally introduced to the world via the BMW 7-series. It is a flagship grand saloon truly suited to the discerning executive.
Range Rover Sport
If you prefer the versatility of an SUV to have a traditional saloon vehicle, with a Range Rover Sport you can quite successfully have an incredibly capable vehicle that radiates style, while also reflecting uncompromising levels of quality and exclusivity. Whether you're venturing to a meeting in the city or exploring mostly unspoilt landscapes over the weekend, the Sport will provide you with a comfortable and powerful driving experience that cannot be faulted. The interior echoes exclusivity and features an array of technological features that culminate in the very interactive driving experience. The touchscreen infotainment system and several sensors around the vehicle will assist you with parking, warn you about possible oncoming dangers and keep you in touch with the world through Bluetooth, USB and Wi-Fi hotspot features.
Have any of these models captured your interest? We at Imperial Select stock a range of demo and used vehicles, including a selection of used executive models at very competitive prices. For the best-used cars for sale, check out our website or contact us if you have something specific you're looking for.