2015 is off to a good start for motorists – it is cheaper to run your car now than a year ago

Wesbank anticipates positive vehicle sales in 2015

Despite an apparent slow start to new vehicle sales in January, WesBank anticipates industry growth this year. The latest new vehicle sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa) reflects a small decline in vehicle sales, compared to January last year.

Industry new vehicle sales totalled 52 306 units for the first month of 2015, a year-on-year decline of 1.2%. Of this, passenger cars accounted for 36 982, down 3.6%, while Light Commercial Vehicles increased 6% to 13 460 sales.

A closer examination reveals that the decline in sales of new vehicles can largely be attributed to a 9.7% drop in activity in the rental market.

“Rental companies seem to be shifting their replacement cycle to the second half of the year – as we saw in the last 6 months of 2014,” said Rudolf Mahoney, head of research at WesBank. “Sales in the rental market were down 11% at the start of 2014, but ended the year with double-digit growth.”

At a dealer level the drop is a mere 0.1%, year-on-year.

“In December 2014 dealer sales increased by 10.5%, suggesting that consumers brought forward their vehicle purchases to avoid January’s annual car price increases,” said Mahoney.

WesBank’s Mobility Index indicates that the monthly mobility costs for consumers are lower now than at the same point in 2014. The Mobility Index tracks all of the associated costs for owning and operating a car, including instalments, fuel, maintenance, and insurance. Compared to August 2014 consumers are now paying R3.99 less, per litre, which equates to a saving of more than 28%

“With interest rates remaining stable and manufacturer marketing incentives helping to drive sales the environment is conducive for marginal growth in the new vehicle market,” said Mahoney. “However, consumers would do well to not budget against savings at the pumps. Should the rand weaken or oil prices increase monthly household budgets will be under even more stress.”

2015 is off to a good start for motorists – it is cheaper to run your car now than a year ago

Mazda3 – National Business Review’s Supreme Car of the Year and COTY in New Zealand

Third in Mazda’;s line-up of new-generation products to feature the full range of *SKYACTIV technology and KODO-Soul of Motion design; the Mazda3 brings state-of-the-art design and engineering to an incredibly broad audience.  Mazda believes the *SKYACTIV powertrain and Mazda3′s construction technology are suitable for the mainstream market, business buyers and enthusiasts.

The overwhelming win of both New Zealand’;s National Business Review’;s Supreme Car of the Year and the AA and NZ Motoring Writers Guild’;s Car of the Year, substantiates Mazda’;s belief.

The Mazda3 impresses not just on equipment but also on driver appeal, styling, fuel economy and numerous safety features. Even the entry-level version is an engaging machine, testament to the quality of the Mazda3 chassis and its entirely convincing sporty appearance.

“These awards are a credit to the Mazda team in Japan who have created a vehicle that ticks all the boxes, from design and safety through to performance and technology. Mazda SA is proud to have this award winning model in the vehicle model line-up we offer in South Africa. We believe the Mazda3 has the potential to excel in South Africa’;s compact car segment.” – comments Mr David Hughes, MD Mazda Southern Africa.

*SKYACTIV is the umbrella term for Mazda’;s range of next-generation technologies-including gasoline and diesel engines, transmissions, body and chassis – developed under Mazda’;s Sustainable Zoom-Zoom vision to provide both driving pleasure and outstanding environmental and safety performance.

Mazda3 – National Business Review’s Supreme Car of the Year and COTY in New Zealand

After Almost a Year, Google Puts Headlights On Its Self-Driving Automobile

Don’t worry about Google’s self-driving car stealing the steering wheel out of your hands just however. The driverless future is nevertheless a long way off, and today’s update from Google only proves that: The firm ultimately decided to place headlights on its autonomous runabout.

In a blog post published nowadays, the Google Self-Driving Auto Project known as this update “the first genuine create of our self-driving vehicle prototype.” That means, in contrast to prior prototypes—the 1st of which we saw in May—this new flivver ultimately has all the requisite technologies packed into 1 car. Y’know, all the tiny stuff, like steering, and brakes, and headlights.

The truth that Google’s project is still in these early stages need to surprise no one. A automobile is an enormously complex collection of myriad systems, every single of which need to be tested and refined individually prior to it can work in concert with the rest. “We’ve been operating on various prototypes-of-prototypes, each and every made to test various systems of a self-driving car—for instance, the common ‘car’ components like steering and braking, as properly as the ‘self-driving’ parts like the pc and sensors,” Google writes.

And all of that iterative pre-research has ultimately led Google to the car you see above: the company’s “first full prototype for fully autonomous driving.” With a smoother housing on its roof-mounted terrain sensors, the aforementioned headlights, and what appears like a more well-appointed interior, today’s updated version appears a bit far more carlike than the hacked-together prototype we saw in Might, shown beneath:

And Google’s original demonstration of the technologies:

[embedded content]

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Google says it will continue testing the updated runabout on its test track by means of the holidays, adding “we hope to see you on the streets of Northern California in the new year”—albeit with security drivers ready to take over by way of manual-override in case of emergency.

In other words, do not go promoting your human-operated vehicle any time quickly. The self-driving future is nonetheless a extended way off.

This story initially appeared on roadandtrack.com through Gizmodo.

After Almost a Year, Google Puts Headlights On Its Self-Driving Automobile

Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Fiat Chrysler Automobiles announced these days that it will recall a lot more than 250,000 Dodge Ram 1500 pickups in the U.S. for a issue that can cause the rear axle to lock up at speed. The situation is limited to model year 2005 trucks constructed in between January 2004 and August 2005.

The issue stems from a rear-axle pinion nut that can function its way loose, potentially causing the rear axle to lock up without warning. FCA reports that 3 accidents and one particular injury are potentially connected to the situation. NHTSA launched an investigation in June after receiving 15 incident complaints, 6 of which happened at highway speeds with no prior warning of impending issues.

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The fix involves installing retaining hardware to make sure the pinion nut holds in place. FCA estimates 256,956 U.S. trucks are affected, along with 21,779 in Canada and 8802 in Mexico.

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Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Fiat Chrysler Automobiles announced right now that it will recall a lot more than 250,000 Dodge Ram 1500 pickups in the U.S. for a problem that can trigger the rear axle to lock up at speed. The concern is limited to model year 2005 trucks constructed amongst January 2004 and August 2005.

The difficulty stems from a rear-axle pinion nut that can perform its way loose, potentially causing the rear axle to lock up with no warning. FCA reports that 3 accidents and a single injury are potentially related to the issue. NHTSA launched an investigation in June after receiving 15 incident complaints, 6 of which occurred at highway speeds with no prior warning of impending issues.

---

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The repair involves installing retaining hardware to make sure the pinion nut holds in place. FCA estimates 256,956 U.S. trucks are impacted, along with 21,779 in Canada and 8802 in Mexico.

Other Stories You May Like

---

Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Fiat Chrysler Automobiles announced today that it will recall a lot more than 250,000 Dodge Ram 1500 pickups in the U.S. for a issue that can trigger the rear axle to lock up at speed. The concern is restricted to model year 2005 trucks built amongst January 2004 and August 2005.

The problem stems from a rear-axle pinion nut that can function its way loose, potentially causing the rear axle to lock up without having warning. FCA reports that 3 accidents and 1 injury are potentially associated to the issue. NHTSA launched an investigation in June after receiving 15 incident complaints, 6 of which occurred at highway speeds with no prior warning of impending issues.

---

---

The repair involves installing retaining hardware to ensure the pinion nut holds in spot. FCA estimates 256,956 U.S. trucks are impacted, along with 21,779 in Canada and 8802 in Mexico.

Other Stories You May possibly Like

---

Dodge Recalls Model Year 2005 Ram Pickups for Possible Axle Lock-Up

Dodge Recalls Model Year 2005 Ram Pickups for Potential Axle Lock-Up

Fiat Chrysler Automobiles announced these days that it will recall far more than 250,000 Dodge Ram 1500 pickups in the U.S. for a issue that can lead to the rear axle to lock up at speed. The concern is restricted to model year 2005 trucks built in between January 2004 and August 2005.

The dilemma stems from a rear-axle pinion nut that can function its way loose, potentially causing the rear axle to lock up with no warning. FCA reports that 3 accidents and a single injury are potentially related to the problem. NHTSA launched an investigation in June after receiving 15 incident complaints, 6 of which occurred at highway speeds with no prior warning of impending troubles.

---

---

The repair entails installing retaining hardware to make sure the pinion nut holds in location. FCA estimates 256,956 U.S. trucks are impacted, along with 21,779 in Canada and 8802 in Mexico.

Other Stories You Might Like

---

Dodge Recalls Model Year 2005 Ram Pickups for Potential Axle Lock-Up

Female motor journalists chose Mercedes-Benz S-Class as best automotive newcomer of the last year

Stuttgart.  According to female car experts from 5 continents the Mercedes-Benz S-Class is the world’;s best car.

On behalf of “Women’;s World Car of the Year Ltd.” from New Zealand, twenty international female motor journalists from 15 countries chose the best automotive newcomer of the last year. Not only did they consider design, technical functions, comfort and similar criteria, they also evaluated aspects such as the “wow factor”, sex appeal and value for money.

Cars in 6 categories were rated. The experts were unanimous in choosing the “luxury car” and selected the Mercedes-Benz S-Class as their favourite. As the luxury sedan from Stuttgart received the most points of all category winners, the experts also awarded it the highest distinction – the “Supreme Award”. The S-Class therefore holds the title “Women’;s World Car of the Year 2014″.

This acknowledgement consolidates the reputation of the S-Class as a technological trendsetter and the epitome of luxurious travel. The sedan boasts innovative safety systems and is the first vehicle worldwide to feature suspension technology that is even able to react in advance to road unevenness. It therefore offers an unprecedented level of ride comfort.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

Female motor journalists chose Mercedes-Benz S-Class as best automotive newcomer of the last year

Pothole Claims Up in Ohio This Year

Much more Ohio motorists are searching for repayment from the state for pothole damage to their automobiles, almost tripling the number of claims filed in 2013.

The Dayton Everyday News reports almost 300 pothole harm claims have been filed statewide so far this year, outnumbering final year’s total of 110 claims.

Clerk of the Ohio Court of Claims Mark Reed tells the newspaper the court doesn’t track how many claims are successful, but estimates about half of motorists win some compensation.

The state permits drivers to file claims for harm caused from potholes, but they must prove that the Ohio Department of Transportation maintains the road and that the state was aware of the hazardous road circumstances.

Drivers who are denied reimbursement for pothole harm need to also spend court fees.

Copyright 2014 Related Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Subsequent report »

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Pothole Claims Up in Ohio This Year

Pothole Claims Up in Ohio This Year

Much more Ohio motorists are looking for repayment from the state for pothole harm to their automobiles, nearly tripling the number of claims filed in 2013.

The Dayton Daily News reports nearly 300 pothole harm claims have been filed statewide so far this year, outnumbering last year’s total of 110 claims.

Clerk of the Ohio Court of Claims Mark Reed tells the newspaper the court doesn’t track how several claims are effective, but estimates about half of motorists win some compensation.

The state permits drivers to file claims for damage triggered from potholes, but they should prove that the Ohio Division of Transportation maintains the road and that the state was aware of the hazardous road conditions.

Drivers who are denied reimbursement for pothole harm need to also pay court fees.

Copyright 2014 Associated Press. All rights reserved. This material may possibly not be published, broadcast, rewritten or redistributed.

« Earlier report

Michigan Town OKs Liability Insurance, Reinstates Police Division

Next post »

2 AIG Subsidiaries File to Redomesticate From Pennsylvania to Illinois

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Subscribe to our cost-free email newsletter.

Pothole Claims Up in Ohio This Year

Make festive season car buying a happy occasion to take you into the New Year

It is natural to think about the joys of starting the New Year in your dream car when your bank account is filled with an end-of-year bonus. However, is it advisable to buy a brand new or pre-owned car during the festive season? Yes, as long as you carefully consider all the options available.

“The major benefit of buying a car just before the end of the year is that there are bargains to be had – especially if you are buying a new vehicle,” says Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank. “In addition, you could get in ahead of car price increases that are expected to be higher than the inflation rate during 2015.”

“Many manufacturers have already announced their intentions to bring new 2015 ‘face-lifted models’ into the local market. For dealers, this means that 2014 models that are still on the floor have lost some value, as many buyers would prefer to wait for the 2015 models before buying.”

“If you are happy to drive a brand new vehicle that may not have the ‘bells and whistles’ that could be featured on the 2015 models, you will find most dealers happy to offer incentives for your purchase. If you can locate a demo model with a low mileage, you could do even better.”

Also to be considered, says Mr Nkosi, are the announcements from various manufacturers that the dropping value of the rand, rising inflation and stable interest rates that have characterised the market for several years are about to change. “Car prices are set to increase significantly in 2015, so buying ahead of the rises could mean significant savings in monthly instalments and interest payments.”

However, he adds, buying a vehicle should only come after the necessary research and implications on your personal budget have been considered. “After a house, a car is the most important purchase made by most people. Making sure that it is affordable is important if you are to be happy driving the car for the next few years,” says Mr Nkosi.

So, before taking the December plunge and buying your dream car consider:
• The financial implications. Be sure that your budget can not only cope with instalment payments, but with the costs of insurance, maintenance and ‘add-ons’ such as warranties and service or maintenance plans that are not part of the purchase price.

It is great to own the car of your dreams, but maintaining it can prove to be quite costly. For example, although the price tag on an SUV may be appealing, replacing all 4 tyres on an SUV can easily cost between R 10 000 and R 20 000.

• The cost of insurance rises with a car’s price tag. Trying to reduce insurance premiums by opting for a higher excess payment could backfire if you have an accident and have to pay a massive bill before your car can be repaired.

• If you can, always pay as large a deposit as you can on a car. The bigger the deposit, the less you will have to pay back over the term of the loan.

• Think about the possibility of interest rates increasing while you are paying off the vehicle. This could mean having to pay more for the car every month. If your bank offers you the opportunity to fix your rate, consider this option. It will cost you up to 2 percent above the going rate, but will provide you with financial certainty.

• Consider leasing a vehicle, with the option of retaining ownership at the end of the contract. There are various types of lease options available, including full maintenance leasing. While this option may cost you more than buying, it covers all costs including servicing, tyres and insurance for a set monthly fee, for the duration of the contract.

• Consider your repayment period carefully. Banks now offer flexible monthly repayment terms so that cars can be financed for up to 6-years (72 months). Many people opt for this to make car payments more affordable, as the longer term reduces the monthly expense. However, the longer the finance period, the longer it will take for the settlement value to reach break-even point with the asset value, due to depreciation.

Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank

The difference between instalments over payment periods can often be fairly low. It is advisable to ask the dealer or bank to calculate the costs of various repayment options. You could save yourself months of repayments and interest costs by investigating this option thoroughly.

“If the sums do not add up satisfactorily, consider buying a pre-owned vehicle or downsizing your purchase.”

“A car’s value usually depreciates fastest during its first 2 years on the road. You can save thousands in capital and interest by buying a low mileage car that is still in good condition. You will also benefit through extended maintenance or service plans,” says Mr Nkosi.

Furthermore, opting for a diesel vehicle instead of petrol will result in better fuel consumption, which is something to consider given the escalating fuel costs.

“When considering buying a new or pre-owned vehicle, always keep one thing in mind; it is better to compromise on luxury than having a car that adds to your financial woes,” concludes Mr Nkosi.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

;

Make festive season car buying a happy occasion to take you into the New Year

Make festive season car buying a happy occasion to take you into the New Year

It is natural to think about the joys of starting the New Year in your dream car when your bank account is filled with an end-of-year bonus. However, is it advisable to buy a brand new or pre-owned car during the festive season? Yes, as long as you carefully consider all the options available.

“The major benefit of buying a car just before the end of the year is that there are bargains to be had – especially if you are buying a new vehicle,” says Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank. “In addition, you could get in ahead of car price increases that are expected to be higher than the inflation rate during 2015.”

“Many manufacturers have already announced their intentions to bring new 2015 ‘face-lifted models’ into the local market. For dealers, this means that 2014 models that are still on the floor have lost some value, as many buyers would prefer to wait for the 2015 models before buying.”

“If you are happy to drive a brand new vehicle that may not have the ‘bells and whistles’ that could be featured on the 2015 models, you will find most dealers happy to offer incentives for your purchase. If you can locate a demo model with a low mileage, you could do even better.”

Also to be considered, says Mr Nkosi, are the announcements from various manufacturers that the dropping value of the rand, rising inflation and stable interest rates that have characterised the market for several years are about to change. “Car prices are set to increase significantly in 2015, so buying ahead of the rises could mean significant savings in monthly instalments and interest payments.”

However, he adds, buying a vehicle should only come after the necessary research and implications on your personal budget have been considered. “After a house, a car is the most important purchase made by most people. Making sure that it is affordable is important if you are to be happy driving the car for the next few years,” says Mr Nkosi.

So, before taking the December plunge and buying your dream car consider:
• The financial implications. Be sure that your budget can not only cope with instalment payments, but with the costs of insurance, maintenance and ‘add-ons’ such as warranties and service or maintenance plans that are not part of the purchase price.

It is great to own the car of your dreams, but maintaining it can prove to be quite costly. For example, although the price tag on an SUV may be appealing, replacing all 4 tyres on an SUV can easily cost between R 10 000 and R 20 000.

• The cost of insurance rises with a car’s price tag. Trying to reduce insurance premiums by opting for a higher excess payment could backfire if you have an accident and have to pay a massive bill before your car can be repaired.

• If you can, always pay as large a deposit as you can on a car. The bigger the deposit, the less you will have to pay back over the term of the loan.

• Think about the possibility of interest rates increasing while you are paying off the vehicle. This could mean having to pay more for the car every month. If your bank offers you the opportunity to fix your rate, consider this option. It will cost you up to 2 percent above the going rate, but will provide you with financial certainty.

• Consider leasing a vehicle, with the option of retaining ownership at the end of the contract. There are various types of lease options available, including full maintenance leasing. While this option may cost you more than buying, it covers all costs including servicing, tyres and insurance for a set monthly fee, for the duration of the contract.

• Consider your repayment period carefully. Banks now offer flexible monthly repayment terms so that cars can be financed for up to 6-years (72 months). Many people opt for this to make car payments more affordable, as the longer term reduces the monthly expense. However, the longer the finance period, the longer it will take for the settlement value to reach break-even point with the asset value, due to depreciation.

Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank

The difference between instalments over payment periods can often be fairly low. It is advisable to ask the dealer or bank to calculate the costs of various repayment options. You could save yourself months of repayments and interest costs by investigating this option thoroughly.

“If the sums do not add up satisfactorily, consider buying a pre-owned vehicle or downsizing your purchase.”

“A car’s value usually depreciates fastest during its first 2 years on the road. You can save thousands in capital and interest by buying a low mileage car that is still in good condition. You will also benefit through extended maintenance or service plans,” says Mr Nkosi.

Furthermore, opting for a diesel vehicle instead of petrol will result in better fuel consumption, which is something to consider given the escalating fuel costs.

“When considering buying a new or pre-owned vehicle, always keep one thing in mind; it is better to compromise on luxury than having a car that adds to your financial woes,” concludes Mr Nkosi.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

;

Make festive season car buying a happy occasion to take you into the New Year

Make festive season car buying a happy occasion to take you into the New Year

It is natural to think about the joys of starting the New Year in your dream car when your bank account is filled with an end-of-year bonus. However, is it advisable to buy a brand new or pre-owned car during the festive season? Yes, as long as you carefully consider all the options available.

“The major benefit of buying a car just before the end of the year is that there are bargains to be had – especially if you are buying a new vehicle,” says Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank. “In addition, you could get in ahead of car price increases that are expected to be higher than the inflation rate during 2015.”

“Many manufacturers have already announced their intentions to bring new 2015 ‘face-lifted models’ into the local market. For dealers, this means that 2014 models that are still on the floor have lost some value, as many buyers would prefer to wait for the 2015 models before buying.”

“If you are happy to drive a brand new vehicle that may not have the ‘bells and whistles’ that could be featured on the 2015 models, you will find most dealers happy to offer incentives for your purchase. If you can locate a demo model with a low mileage, you could do even better.”

Also to be considered, says Mr Nkosi, are the announcements from various manufacturers that the dropping value of the rand, rising inflation and stable interest rates that have characterised the market for several years are about to change. “Car prices are set to increase significantly in 2015, so buying ahead of the rises could mean significant savings in monthly instalments and interest payments.”

However, he adds, buying a vehicle should only come after the necessary research and implications on your personal budget have been considered. “After a house, a car is the most important purchase made by most people. Making sure that it is affordable is important if you are to be happy driving the car for the next few years,” says Mr Nkosi.

So, before taking the December plunge and buying your dream car consider:
• The financial implications. Be sure that your budget can not only cope with instalment payments, but with the costs of insurance, maintenance and ‘add-ons’ such as warranties and service or maintenance plans that are not part of the purchase price.

It is great to own the car of your dreams, but maintaining it can prove to be quite costly. For example, although the price tag on an SUV may be appealing, replacing all 4 tyres on an SUV can easily cost between R 10 000 and R 20 000.

• The cost of insurance rises with a car’s price tag. Trying to reduce insurance premiums by opting for a higher excess payment could backfire if you have an accident and have to pay a massive bill before your car can be repaired.

• If you can, always pay as large a deposit as you can on a car. The bigger the deposit, the less you will have to pay back over the term of the loan.

• Think about the possibility of interest rates increasing while you are paying off the vehicle. This could mean having to pay more for the car every month. If your bank offers you the opportunity to fix your rate, consider this option. It will cost you up to 2 percent above the going rate, but will provide you with financial certainty.

• Consider leasing a vehicle, with the option of retaining ownership at the end of the contract. There are various types of lease options available, including full maintenance leasing. While this option may cost you more than buying, it covers all costs including servicing, tyres and insurance for a set monthly fee, for the duration of the contract.

• Consider your repayment period carefully. Banks now offer flexible monthly repayment terms so that cars can be financed for up to 6-years (72 months). Many people opt for this to make car payments more affordable, as the longer term reduces the monthly expense. However, the longer the finance period, the longer it will take for the settlement value to reach break-even point with the asset value, due to depreciation.

Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank

The difference between instalments over payment periods can often be fairly low. It is advisable to ask the dealer or bank to calculate the costs of various repayment options. You could save yourself months of repayments and interest costs by investigating this option thoroughly.

“If the sums do not add up satisfactorily, consider buying a pre-owned vehicle or downsizing your purchase.”

“A car’s value usually depreciates fastest during its first 2 years on the road. You can save thousands in capital and interest by buying a low mileage car that is still in good condition. You will also benefit through extended maintenance or service plans,” says Mr Nkosi.

Furthermore, opting for a diesel vehicle instead of petrol will result in better fuel consumption, which is something to consider given the escalating fuel costs.

“When considering buying a new or pre-owned vehicle, always keep one thing in mind; it is better to compromise on luxury than having a car that adds to your financial woes,” concludes Mr Nkosi.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

;

Make festive season car buying a happy occasion to take you into the New Year

Make festive season car buying a happy occasion to take you into the New Year

It is natural to think about the joys of starting the New Year in your dream car when your bank account is filled with an end-of-year bonus. However, is it advisable to buy a brand new or pre-owned car during the festive season? Yes, as long as you carefully consider all the options available.

“The major benefit of buying a car just before the end of the year is that there are bargains to be had – especially if you are buying a new vehicle,” says Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank. “In addition, you could get in ahead of car price increases that are expected to be higher than the inflation rate during 2015.”

“Many manufacturers have already announced their intentions to bring new 2015 ‘face-lifted models’ into the local market. For dealers, this means that 2014 models that are still on the floor have lost some value, as many buyers would prefer to wait for the 2015 models before buying.”

“If you are happy to drive a brand new vehicle that may not have the ‘bells and whistles’ that could be featured on the 2015 models, you will find most dealers happy to offer incentives for your purchase. If you can locate a demo model with a low mileage, you could do even better.”

Also to be considered, says Mr Nkosi, are the announcements from various manufacturers that the dropping value of the rand, rising inflation and stable interest rates that have characterised the market for several years are about to change. “Car prices are set to increase significantly in 2015, so buying ahead of the rises could mean significant savings in monthly instalments and interest payments.”

However, he adds, buying a vehicle should only come after the necessary research and implications on your personal budget have been considered. “After a house, a car is the most important purchase made by most people. Making sure that it is affordable is important if you are to be happy driving the car for the next few years,” says Mr Nkosi.

So, before taking the December plunge and buying your dream car consider:
• The financial implications. Be sure that your budget can not only cope with instalment payments, but with the costs of insurance, maintenance and ‘add-ons’ such as warranties and service or maintenance plans that are not part of the purchase price.

It is great to own the car of your dreams, but maintaining it can prove to be quite costly. For example, although the price tag on an SUV may be appealing, replacing all 4 tyres on an SUV can easily cost between R 10 000 and R 20 000.

• The cost of insurance rises with a car’s price tag. Trying to reduce insurance premiums by opting for a higher excess payment could backfire if you have an accident and have to pay a massive bill before your car can be repaired.

• If you can, always pay as large a deposit as you can on a car. The bigger the deposit, the less you will have to pay back over the term of the loan.

• Think about the possibility of interest rates increasing while you are paying off the vehicle. This could mean having to pay more for the car every month. If your bank offers you the opportunity to fix your rate, consider this option. It will cost you up to 2 percent above the going rate, but will provide you with financial certainty.

• Consider leasing a vehicle, with the option of retaining ownership at the end of the contract. There are various types of lease options available, including full maintenance leasing. While this option may cost you more than buying, it covers all costs including servicing, tyres and insurance for a set monthly fee, for the duration of the contract.

• Consider your repayment period carefully. Banks now offer flexible monthly repayment terms so that cars can be financed for up to 6-years (72 months). Many people opt for this to make car payments more affordable, as the longer term reduces the monthly expense. However, the longer the finance period, the longer it will take for the settlement value to reach break-even point with the asset value, due to depreciation.

Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank

The difference between instalments over payment periods can often be fairly low. It is advisable to ask the dealer or bank to calculate the costs of various repayment options. You could save yourself months of repayments and interest costs by investigating this option thoroughly.

“If the sums do not add up satisfactorily, consider buying a pre-owned vehicle or downsizing your purchase.”

“A car’s value usually depreciates fastest during its first 2 years on the road. You can save thousands in capital and interest by buying a low mileage car that is still in good condition. You will also benefit through extended maintenance or service plans,” says Mr Nkosi.

Furthermore, opting for a diesel vehicle instead of petrol will result in better fuel consumption, which is something to consider given the escalating fuel costs.

“When considering buying a new or pre-owned vehicle, always keep one thing in mind; it is better to compromise on luxury than having a car that adds to your financial woes,” concludes Mr Nkosi.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

;

Make festive season car buying a happy occasion to take you into the New Year

Make festive season car buying a happy occasion to take you into the New Year

It is natural to think about the joys of starting the New Year in your dream car when your bank account is filled with an end-of-year bonus. However, is it advisable to buy a brand new or pre-owned car during the festive season? Yes, as long as you carefully consider all the options available.

“The major benefit of buying a car just before the end of the year is that there are bargains to be had – especially if you are buying a new vehicle,” says Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank. “In addition, you could get in ahead of car price increases that are expected to be higher than the inflation rate during 2015.”

“Many manufacturers have already announced their intentions to bring new 2015 ‘face-lifted models’ into the local market. For dealers, this means that 2014 models that are still on the floor have lost some value, as many buyers would prefer to wait for the 2015 models before buying.”

“If you are happy to drive a brand new vehicle that may not have the ‘bells and whistles’ that could be featured on the 2015 models, you will find most dealers happy to offer incentives for your purchase. If you can locate a demo model with a low mileage, you could do even better.”

Also to be considered, says Mr Nkosi, are the announcements from various manufacturers that the dropping value of the rand, rising inflation and stable interest rates that have characterised the market for several years are about to change. “Car prices are set to increase significantly in 2015, so buying ahead of the rises could mean significant savings in monthly instalments and interest payments.”

However, he adds, buying a vehicle should only come after the necessary research and implications on your personal budget have been considered. “After a house, a car is the most important purchase made by most people. Making sure that it is affordable is important if you are to be happy driving the car for the next few years,” says Mr Nkosi.

So, before taking the December plunge and buying your dream car consider:
• The financial implications. Be sure that your budget can not only cope with instalment payments, but with the costs of insurance, maintenance and ‘add-ons’ such as warranties and service or maintenance plans that are not part of the purchase price.

It is great to own the car of your dreams, but maintaining it can prove to be quite costly. For example, although the price tag on an SUV may be appealing, replacing all 4 tyres on an SUV can easily cost between R 10 000 and R 20 000.

• The cost of insurance rises with a car’s price tag. Trying to reduce insurance premiums by opting for a higher excess payment could backfire if you have an accident and have to pay a massive bill before your car can be repaired.

• If you can, always pay as large a deposit as you can on a car. The bigger the deposit, the less you will have to pay back over the term of the loan.

• Think about the possibility of interest rates increasing while you are paying off the vehicle. This could mean having to pay more for the car every month. If your bank offers you the opportunity to fix your rate, consider this option. It will cost you up to 2 percent above the going rate, but will provide you with financial certainty.

• Consider leasing a vehicle, with the option of retaining ownership at the end of the contract. There are various types of lease options available, including full maintenance leasing. While this option may cost you more than buying, it covers all costs including servicing, tyres and insurance for a set monthly fee, for the duration of the contract.

• Consider your repayment period carefully. Banks now offer flexible monthly repayment terms so that cars can be financed for up to 6-years (72 months). Many people opt for this to make car payments more affordable, as the longer term reduces the monthly expense. However, the longer the finance period, the longer it will take for the settlement value to reach break-even point with the asset value, due to depreciation.

Nicholas Nkosi, Head of Vehicle and Asset Finance – Personal Markets at Standard Bank

The difference between instalments over payment periods can often be fairly low. It is advisable to ask the dealer or bank to calculate the costs of various repayment options. You could save yourself months of repayments and interest costs by investigating this option thoroughly.

“If the sums do not add up satisfactorily, consider buying a pre-owned vehicle or downsizing your purchase.”

“A car’s value usually depreciates fastest during its first 2 years on the road. You can save thousands in capital and interest by buying a low mileage car that is still in good condition. You will also benefit through extended maintenance or service plans,” says Mr Nkosi.

Furthermore, opting for a diesel vehicle instead of petrol will result in better fuel consumption, which is something to consider given the escalating fuel costs.

“When considering buying a new or pre-owned vehicle, always keep one thing in mind; it is better to compromise on luxury than having a car that adds to your financial woes,” concludes Mr Nkosi.

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

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Make festive season car buying a happy occasion to take you into the New Year

October 2014 vehicle sales: new car sales show resilience driven by 1.6% growth year on year in passenger vehicles sales

“Despite a poor economic outlook, new car sales continue to show resilience driven by 1.6% growth year on year in passenger vehicles sales. This is driven by new model launches, incentive packages  and pre-emptive buy to avoid car price increases. Despite the new car sales growth, an increasing number of buyers continue to seek value in the used car market, which has also seen a positive growth of 8.1% month on month.”

General Comments on October 2014 NAAMSA sales:

• The month of October 2014 experienced a 2.36% decrease in sales compared to September 2014.


• Month on Month Passenger vehicles declined by 5.24% while Light Commercial Vehicles increased by 4.42%.


• Year on Year monthly comparison shows an increase of 4.90% in October 2014 compared to October 2013.


• Year to date (January – October 2014) comparisons shows that vehicle sales are down by 1.83% in the first 10 months of the year when compared to last year.


• Month on month Exports increased in October 2014 (4.49%) with Passenger vehicles decreasing by -5.95% and Light Commercial Vehicles growing by 22.17%.


• Year on year monthly comparison shows an improvement in exports of 32.97% in October 2014 compared to October 2013.


• AMH & AAD decreased in October 2014, 6.44% month on month.

General Comments on October 2014 Standard Bank VAF Personal Applications:

• In October 2014 applications for both new and used vehicles experienced positive month on month growth, 7.1% and 8.0% respectively.


• Applications in both Passenger (8.1%) and Light Commercial vehicles (5.7%) had positive month on month growth in October 2014.


• The number of applications with RV’s increased by 12.4% month on month while the number of applications with deposits increased by 3.4% month on month.


• The Average Contract Term on applications increased from 67 months to 69 months (October 2013 to October 2014), year on year growth of 3.0%.


• The average application size increased from R189 818 in October 2013 to R211 704 in October 2014, a 11.5% year on year increase.

General Comments on October 2014 Standard Bank VAF Personal New Business:

• In October 2014 new business experienced positive month on month growth in both new (25.5%) and used (22.1%) vehicle markets.


• Passenger vehicles and Light Commercial vehicles both had positive month on month growth, 28.6% and 24.6% respectively.


• New business deals with deposits increased month on month by 10.0% and declined by 25.5% year on year.


• New business deals with RVs increased month on month by 37.9% and 43.9% year on year.


• The Average Contract Term increased from 65 months in October 2013 to 67 months in October 2014 (3.4% year on year growth).


• The average deal size increased from R262 100 in October 2013 to R307 465 in October 2014, a 17.3% year on year increase.

General Macro and Industry Comments:

• The SARB left the repo rate unchanged at 5.75% following its September MPC meeting. The outcome was in line with the industry’s forecast. According to Standard Bank this was based on the SARB’s revised forecasts for headline inflation.


• Headline CPI annual inflation rate in September 2014 was 5.9%. This rate was 0.5 of a percentage point lower than the corresponding annual rate of 6.4% in August 2014.


• The transport index decreased by 1.5% between August 2014 and September 2014. The annual rate decreased to 6.9% in September 2014 from 7.1% in August 2014.


• SARB’s growth was revised lower, from 1.7%, 2.9% and 3.2% y/y in 2014, 2015 and 2016 respectively to 1.5%, 2.8% and 3.1%. Standard Bank expects GDP for 2015 and 2016 to continue to disappoint to the downside. The SARB has lowered its growth forecast for 2014 successively at each of the last 6 meetings (starting from 3.3% at the September 2013 meeting).


• Year to date petrol prices have dropped by 2.8% (inland) and diesel by 7.9% (inland).


• The price of Petrol will drop by 45 cents per litre from the 5^th of November 2014 while the price of diesel will go down between 60 and 61 cents per litre.

[Comments by Nicholas Nkosi – Head of Standard Bank Vehicle and Asset Finance - Personal Markets]

For more info on buying a vehicle also view:

Vehicle Finance, Car Insurance and Road Safety

Buying and Selling a Vehicle – Informed decisions and the Vehicle Retailer

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October 2014 vehicle sales: new car sales show resilience driven by 1.6% growth year on year in passenger vehicles sales

5 areas to go to next year

Aussies take about 9 million short-term overseas trips every single year and with the expense of travel remaining competitive, Tourism Analysis Australia (TRA) is expecting continued growth over the next twelve months. In truth we’re expected to take 9.3 million trips in 2014−15.

Where will we be going? Malaysia, China, Indonesia, Fiji and Singapore are forecast by TRA to be the top 5 fastest-developing (major) destinations to be visited by Australian residents next year. Here’s a quick rundown.

Malaysia

Much less than an hour’s flight from common stop-over location Singapore, Malaysia is becoming a popular vacation spot for Australians. Possessing both a population of 28.33 million (roughly 5 million larger then Australia – but in a much smaller sized location), and a sticky equatorial climate, Malaysia essentially divides into 2 geographical components, the west and east coasts.

The west coast, where the capital Kuala Lumpur is positioned, is ideal visited among December and March when temperatures are pleasant but humidity is at a low. The east coast is best avoided for the duration of a comparable period (November to February) due to heavy rain fall and choppy seas.

Well-liked activities consist of visiting the Petronas Towers, the world’s tallest twin towers, and the Bird Park, a compex showcasing more than 200 various species of exotic birds.

China

While it could look like an impossibly huge and daunting location to pick for your subsequent holiday, China offers a massive variety of attractions and causes to venture there. Accounting for roughly a fifth of the world’s population, China is so vast that climate varies immensely, with 5 principal temperature zones.

Common instances to go to China vary primarily based on what you are right after, but a few of the universally great times to go to are October and late April/early May possibly. Give the 1st week of October a miss because of the Chinese National Day Holiday, and arrive to mild temperatures and a lack of rain. Choose to arrive in April/May possibly and you will see the tail-end of Spring, with slightly warmer, but not unpleasant temperatures, and plenty of flowers in bloom. The South will be seeing the beginnings of summer rains, so going to the North might be preferable.

China will present you with innumerable possibilities for fun and interesting activities, but if you want a handful of pointers, popular attractions consist of the Excellent Wall of China, the Karst Mountains, and the Giant Pandas at Chengdu.

Indonesia

Frequently overlooked as a travel destination (beyond Bali), Indonesia boasts some of the most special holiday experiences available. It has an estimated 252 million residents, generating it the 4^th most populous country on earth, behind the US, India, and China.

Regardless of a tropical equatorial climate, it enjoys a lengthy dry season amongst April and October, creating that period an best time to visit. Humidity is relatively low, and the climate is mild and pleasant, compared to monsoon season (November to March), which sees heavy rain and wind.

Well-liked attractions consist of Komodo Island, Borodudur temple, and Lake Toba, the biggest volcanic lake in the planet.

Fiji

Comprised of over 330 islands, 106 of which are inhabited, Fiji boasts white beaches, a pristine all-natural environment, and a single of the friendliest populations in the world. Stated population is rather little, getting only 881,065 nonetheless this is far more than double the 1963 population of 436,208. The climate is tropical and warm all year round, with an typical of 25°C, and a possible max of above 30°C and a min of 18°C.

The ideal time to go to is for the duration of the ‘Fijian winter’, Fiji’s dry season (May possibly to October). This time of year sees significantly less rain, much less humidity, and reduced temperatures. The chances of tropical cyclones are also significantly reduced.

The list of issues to do across the 300+ islands is enormous. Putting aside the activities and opportunities presented by the numerous resorts, activities like diving, jungle trekking, or relaxing on 1 of Fiji’s stunning beaches are some of the main attractions, however as mentioned there are many much more.

Singapore

Blending modernity and new culture with heritage buildings and conventional landmarks, Singapore is a single of the most quickly creating and expanding cities in the world. It has received the title of Asia’s leading city attraction, and has observed constant and enormous increases in visitor arrivals and tourism receipts over the final few years.

With a population of about 5.4 million, it’s a busy set of islands, and with a tropical climate it is warm and humid regularly all through the year. Visiting in July or August will net you the very best prices on hotels, but visiting in January/February provides you an opportunity to knowledge the Chinese New Year holiday.

Attractions incorporate Gardens by the Bay, the assortment of global and nearby cuisines, the Helix Bridge and the Singapore Flyer.

5 areas to go to next year

5 areas to check out subsequent year

Aussies take about 9 million quick-term overseas trips each and every year and with the expense of travel remaining competitive, Tourism Research Australia (TRA) is expecting continued growth over the subsequent twelve months. In truth we’re anticipated to take 9.3 million trips in 2014−15.

Where will we be going? Malaysia, China, Indonesia, Fiji and Singapore are forecast by TRA to be the top 5 fastest-increasing (principal) destinations to be visited by Australian residents subsequent year. Here’s a rapid rundown.

Malaysia

Less than an hour’s flight from common quit-over destination Singapore, Malaysia is becoming a common holiday spot for Australians. Possessing each a population of 28.33 million (roughly 5 million larger then Australia – but in a significantly smaller sized area), and a sticky equatorial climate, Malaysia basically divides into 2 geographical parts, the west and east coasts.

The west coast, where the capital Kuala Lumpur is situated, is best visited in between December and March when temperatures are pleasant but humidity is at a low. The east coast is very best avoided throughout a equivalent period (November to February) due to heavy rain fall and choppy seas.

Common activities include going to the Petronas Towers, the world’s tallest twin towers, and the Bird Park, a compex showcasing more than 200 different species of exotic birds.

China

Although it may seem like an impossibly huge and daunting location to pick for your next vacation, China delivers a enormous range of attractions and reasons to venture there. Accounting for roughly a fifth of the world’s population, China is so vast that climate varies immensely, with 5 major temperature zones.

Common occasions to go to China differ based on what you are following, but a few of the universally wonderful instances to pay a visit to are October and late April/early May possibly. Give the very first week of October a miss simply because of the Chinese National Day Vacation, and arrive to mild temperatures and a lack of rain. Choose to arrive in April/May and you’ll see the tail-end of Spring, with slightly warmer, but not unpleasant temperatures, and plenty of flowers in bloom. The South will be seeing the beginnings of summer time rains, so going to the North may possibly be preferable.

China will present you with innumerable possibilities for fun and fascinating activities, but if you want a couple of pointers, common attractions include the Wonderful Wall of China, the Karst Mountains, and the Giant Pandas at Chengdu.

Indonesia

Typically overlooked as a travel destination (beyond Bali), Indonesia boasts some of the most special vacation experiences accessible. It has an estimated 252 million residents, producing it the 4^th most populous nation on earth, behind the US, India, and China.

Regardless of a tropical equatorial climate, it enjoys a lengthy dry season between April and October, producing that period an perfect time to check out. Humidity is fairly low, and the climate is mild and pleasant, compared to monsoon season (November to March), which sees heavy rain and wind.

Popular attractions contain Komodo Island, Borodudur temple, and Lake Toba, the largest volcanic lake in the world.

Fiji

Comprised of over 330 islands, 106 of which are inhabited, Fiji boasts white beaches, a pristine natural atmosphere, and one particular of the friendliest populations in the globe. Said population is rather tiny, getting only 881,065 nonetheless this is a lot more than double the 1963 population of 436,208. The climate is tropical and warm all year round, with an typical of 25°C, and a potential max of above 30°C and a min of 18°C.

The best time to pay a visit to is during the ‘Fijian winter’, Fiji’s dry season (Might to October). This time of year sees significantly less rain, much less humidity, and decrease temperatures. The possibilities of tropical cyclones are also drastically reduced.

The list of factors to do across the 300+ islands is huge. Placing aside the activities and possibilities supplied by the numerous resorts, activities like diving, jungle trekking, or relaxing on one particular of Fiji’s gorgeous beaches are some of the principal attractions, nevertheless as mentioned there are several far more.

Singapore

Blending modernity and new culture with heritage buildings and classic landmarks, Singapore is one particular of the most rapidly creating and expanding cities in the world. It has received the title of Asia’s leading city attraction, and has seen consistent and huge increases in visitor arrivals and tourism receipts more than the final few years.

With a population of about 5.4 million, it’s a busy set of islands, and with a tropical climate it is warm and humid regularly throughout the year. Visiting in July or August will net you the best costs on hotels, but going to in January/February offers you an opportunity to experience the Chinese New Year vacation.

Attractions contain Gardens by the Bay, the assortment of global and regional cuisines, the Helix Bridge and the Singapore Flyer.

5 areas to check out subsequent year

Porsche 911 Lineup to Go Predominantly Turbo? It Could Take place Subsequent Year

With increasingly stringent fuel-economy standards looming, most manufacturers seek to clean up their rides without sacrificing power. One particular business-wide solution: Slap a turbo on everything. Porsche appears to be joining the mainstream, as a report from Automobile suggests that the brand’s bread-and-butter, the 911, will sport a lot more turbocharged models when it is refreshed next year.

Lo!, you say—Porsche currently builds a turbocharged 911 known as, um, the 911 Turbo. Indeed, it does already make the wickedly fast 911 Turbo, but Porsche for the initial time will bolt turbochargers to the base 911 Carrera and subsequent-step-up 911 Carrera S models. At least, that’s what Car‘s sources say. For the Carrera, this means a reduction in displacement from 3.4 to 2.9 liters, although the Carrera S will preserve its 3.8 liters of flat-6.

Is the sun really setting on the naturally aspirated Porsche flat-6?

So what does this mean for the 911 on a macro scale? Effectively, presumably if the base cars get turbos, so, too, will the myriad spinoffs Porsche has designed more than the years, from the GTS to the Carrera 4/4S to the Targa. Indications are that the challenging-core, track-ready GT3 model will stay naturally aspirated but could go on an even stricter diet program to eke out a lot more efficiency.

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So far, this all makes sense. Cue our lamenting the loss of the Carrera models’ sweet-sounding naturally aspirated exhaust note and all that. Where Car’s report loses us is in the energy department: The publication’s sources say the base Carrera will create 400 horsepower—50 more than today’s vehicle and on par with the current Carrera S the newly turbocharged Carrera S, on the other hand, will belt out 530 horsepower, a obtain of 130 horsepower, which would place it solidly in between today’s 911 Turbo and Turbo S. Customarily, the Turbo trails the introduction of a new 911 by a model year or 2, but a new Carrera S hasn’t threatened to outpower the older Turbo prior to. We’re left asking yourself exactly where Porsche may locate an equivalent jump in energy for the range-topping Turbo and Turbo S—might we see a 911 making Dodge Hellcat power? We’ll discover out when the refreshed 911 (dubbed the 991.2-generation) debuts late next year as a 2016 model.

Porsche 911 Lineup to Go Predominantly Turbo? It Could Take place Subsequent Year

Ford Concentrate Zetec voted utilised auto of the year 2014

The Ford Concentrate Zetec has been voted utilized auto of the year 2014 by What Car? magazine. We round up the winners in all 13 hotly contested categories.

The 5-door Ford Focus 1.6 105 Zetec has been voted the general What Vehicle? Utilised Automobile of the Year for 2014.  

The occasion, held in London, was attended by all main automobile companies and named 13 outstanding category winners. 

This year’;s other winners integrated the Hyundai i10 1.2 Comfort in the city automobile category and the 5-door Ford Fiesta 1.25 Zetec, which was named best little auto.

The Mazda MX-5 2. Sport scooped the entertaining auto award, even though the Citroën Grand C4 Picasso 1.6 HDi VTR+ was regarded as the very best multi-goal vehicle (MPV).

Used Vehicle of the Year 2014 category winners

Category	Winning car
General winner	Ford Focus 1.6 105 Zetec 5dr
City car	Hyundai i10 1.2 Comfort
Modest car	Ford Fiesta 1.25 Zetec 5dr ’
Loved ones automobile	Ford Focus 1.6 105 Zetec 5dr
Coupé	Volkswagen Scirocco 1.4 TSI 160
Estate automobile	Ford Mondeo Estate 2. TDCi 140 Zetec
MPV	Citroën Grand C4 Picasso 1.6 HDi VTR+
Open-prime automobile	BMW 3 Series Convertible 320d SE ’
Little SUV	Nissan Qashqai 1.5 dCi Acenta
Large SUV	Volvo XC90 2.4 D5 SE Lux
Executive auto	Lexus IS220d SE
Luxury car	Jaguar XJ 3.0D V6 Luxury
Fun car	Mazda MX-5 2. Sport

‘All outstanding vehicles’;

What Auto? editor Jim Holder stated: “The winning automobiles are all outstanding cars, but it is the ownership expertise that matters just as a lot. 

“The Ford Focus 1.6 Zetec brings the greatest balance of efficiency and gear for the cash – and for only £8,000 you can get the present-generation model.”

Motoring journalist and Confused.com’;s auto reviewer, Tim Barnes-Clay, said: “Ford’;s Focus Zetec is a very deserving winner of this accolade.

“It is a excellent medium-sized vehicle decision due to the fact not only is it practical, it really is extremely nicely equipped and is great worth for funds. 

“The Concentrate Zetec is also exciting to drive, specifically with Ford’;s range of EcoBoost petrol engines. These offer you a blend of 1st class acceleration and economy.”

Employed car market place trumps new auto market

On average, there are 7 million employed vehicle sales annually, compared to 2 to 2.5 million new automobile sales. 

The worth of the used vehicle market place reached a record level of £38.1 billion in 2012, rising from £32.4 billion in 2008, according to British Automobile Auction’;s Utilised Vehicle Market place Report 2013.

Top car-acquiring tips 

Tim Barnes-Clay has created the following step-by-step guide to getting a vehicle, whether new or utilised.

• 
  

  Firstly, develop a shortlist

  
  

Ask oneself: what do you use your vehicle for will that use modify during the years that you strategy to keep the vehicle how significantly can you afford to devote on getting and operating the car?

Evaluate specs and costs on manufacturer websites so that you can narrow down your shortlist. Study skilled automobile reviews by skilled motoring journalists, as effectively as owner evaluations and customer satisfaction surveys.

Get the most from static demonstrations of a car’;s features – also check the head and legroom, boot space, and move the folding seats. If buying a utilized car, check that the electrical gear is working correctly, examine the bodywork for dents and scuffs, and appear via the service history.

Just before you set off, get comfy – adjust the seat, wheel and mirrors. Preferably drive on dual carriageways, as effectively as urban routes, to find out what the car is like at diverse speeds.

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  Test the car’;s functionality

  
  

Ask your self: does it ride bumps comfortably is the engine as responsive as you anticipated is it quiet or noisy at speed is all-round visibility very good or do thick windscreen pillars get in the way do the brakes work smoothly does the automobile pull to the left or proper?

• 
  

  When you are prepared, shop around

  
  

If getting a utilised automobile, appear for comparable vehicles for sale online and take copies of any advertisements with comparable cars at reduce rates. In no way worry about walking away from a deal if it does not really feel right. As soon as the deal is finalised and you collect the auto, check it over thoroughly. Bear in thoughts that a utilised car might have picked up a scrape or scratch although getting moved about. Make confident the service booklet, owner’;s manual and warranty documents are incorporated.

Compare insurance coverage – you could locate a great deal in minutes Get a automobile quote

Ford Concentrate Zetec voted utilised auto of the year 2014