How do I buy a car in Kenya?

How much should I earn to buy a car in Kenya?

It is advisable that the only people who manage to live comfortable lives while owning personal cars are those earning above Ksh150, 000 per month. It is for this reason that we advise individuals earning Ksh 0-Ksh 100,000 to avoid owning personal cars if at all they intend to invest their hard earned cash.

What are the requirements when buying a car?

What paperwork do you need when you want to buy a car?

  • By Lawrence Minnie. Buying a car can be a rather daunting experience, and one of the most-asked questions we get at #AskAutoTrader, is what paperwork you need to purchase a car. …
  • ID Document. A green barcoded ID or SA ID card is needed to prove that you are you. …
  • Proof of residence. …
  • Proof of income.
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27.11.2017

How do I buy a car for the first time?

10 Things First-Time Car Buyers Need to Know

  1. Know Your Budget.
  2. Do Your Research.
  3. Explore Your Financing and Purchasing Options.
  4. Improve Your Credit Score.
  5. Save for a Down Payment.
  6. Consider Buying Used.
  7. Get the Car Inspected.
  8. Negotiate the Price.

25.03.2020

What to check before buying a used vehicle?

Exterior

  1. Body condition. Check each body panel and the roof, looking for scratches, dents, and rust. …
  2. Glass. Look carefully at the vehicle glass to make sure there are no cracks or large, pocked areas. …
  3. Suspension. Walk around the car to see if it’s standing level. …
  4. Lights and lenses. …
  5. Tires.

What do I need to know before buying a car in Kenya?

Here are 10 things to consider before buying a used car in Kenya.

  • Budget. …
  • Availability of spare parts. …
  • Does The Car Meet Your Needs? …
  • Check reviews of the car. …
  • Take The Car For A Test Drive. …
  • Have a Car Insurance Policy. …
  • Check Details on Paperwork. …
  • Inspect The Car.

Which is the best car to buy in Kenya?

To make your life easier, we have put together a list of ten affordable cars you can buy as a first-time buyer.

  1. Toyota Passo. This is a pocket-friendly subcompact car that you should not be overlooking. …
  2. Mazda Demio. …
  3. Toyota Vit. …
  4. Honda Fit. …
  5. Nissan Note. …
  6. Volkswagen Polo. …
  7. Mazda Axela. …
  8. Toyota Auris.

23.02.2021

What month is it best to buy a car?

The months of October, November and December are the best time of year to buy a car. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals.

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What is the best way to buy a car?

Here’s how to buy a car without getting over your head in debt or paying more than you have to.

  1. Get preapproved for a loan before you set foot in a dealer’s lot. …
  2. Keep it simple at the dealership. …
  3. Don’t buy any add-ons at the dealership. …
  4. Beware longer-term six- or seven-year car loans. …
  5. Don’t buy too much car.

31.10.2019

What credit score is needed to buy a car?

The recommended credit score needed to buy a car is 660 and above. This will typically guarantee interest rates under 6%. Auto lenders do accept nonprime and subprime customers, however, the interest rates are significantly higher.

What is a good first time car?

Best First Cars for Teens

  • BEST OVERALL. Volkswagen Golf. See Photos. Starting Price: $21,805. …
  • BEST MIDSIZE. Toyota Camry. See Photos. Starting Price: $24,565. …
  • BEST SPORTS CAR. Mazda 3. See Photos. Starting Price: $18,990. …
  • BEST ALL-WHEEL DRIVE. Subaru Impreza. See Photos. Starting Price: $19,355.

27.07.2018

What is a good price for a car?

Average New Car Price by Vehicle Segment

Average New Car Price by Vehicle Segment
Vehicle Segment Average Price
High-performance car $97,481
High-end luxury car $92,800
Hybrid/alternative energy car $27,722

How much should I spend on a car if I make 30000?

Some financial experts recommend setting your car-buying budget at half of your annual salary. If you look at the previous example of making $5,000 monthly, that will equate to an annual salary of $60,000. Half of that is $30,000. According to this rule, you can spend up to $30,000 on your upcoming car purchase.

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What mileage is good when buying a used car?

Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old. Of course, some cars will have less or more miles on the odometer.

Which used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ Label

  • Chrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. …
  • BMW X5. 2012 BMW X5 | BMW. …
  • Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. …
  • Ram 1500. 2015 Ram 1500 | Ram. …
  • Volkswagen Jetta. VW Jetta | Volkswagen. …
  • Cadillac Escalade. …
  • Audi Q7. …
  • Fiat 500.

12.01.2021

What should I check before buying a car?

  1. What to look for when buying a used car.
  2. Your rights when buying a used car.
  3. Make sure you check the used car’s history.
  4. Check your used car’s details with the DVLA.
  5. Check your used car’s logbook.
  6. Check your used car’s Vehicle Identification Number.
  7. Work out a used car’s value.
  8. Take a test drive of the used car.
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