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

What should we check before buying a car?

10 things you need to know before buying a car

  1. Think about financing. Prior to visiting any dealership, have a sense of what kind of deposit you can put down and what monthly payment you can afford. …
  2. Check your credit score. …
  3. Shop around. …
  4. Compare prices. …
  5. Research your trade-in’s value. …
  6. Test drive potential purchases. …
  7. Look at car histories. …
  8. Find repair records.

1.11.2017

How do people buy cars in Kenya?

We encourage people to buy cars in Kenya from car dealers rather than private sellers. … Buying vehicles from car dealers or bazaar might be expensive but the risks are low. Car dealers will also do the paperwork for you and give you a warranty.

What are 5 things you need to know before buying a car?

Here are 5 things you should know to help you be prepared before you set foot on an auto dealership lot.

  • Know what rate you’re approved for. …
  • Know which factors impact your payment. …
  • Know the pros and cons of 0% APR vs. …
  • Know if new or used is right for you. …
  • Know the differences between a loan and a lease.
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What should you not say when buying a car?

5 Things Not to Say When You’re Buying a Car

  1. ‘I love this car! ‘
  2. ‘I’ve got to have a monthly payment of $350. ‘
  3. ‘My lease is up next week. ‘
  4. ‘I want $10,000 for my trade-in, and I won’t take a penny less. ‘
  5. ‘I’ve been looking all over for this color. ‘
  6. Information is power.

What should you not say to a car salesman?

10 Things You Should Never Say to a Car Salesman

  • “I really love this car”
  • “I don’t know that much about cars”
  • “My trade-in is outside”
  • “I don’t want to get taken to the cleaners”
  • “My credit isn’t that good”
  • “I’m paying cash”
  • “I need to buy a car today”
  • “I need a monthly payment under $350”

6.01.2021

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

How much does it cost to transfer car ownership in Kenya?

How much does it cost to transfer car ownership in Kenya?

Vehicle’s Engine Capacity Cost
Below 1000cc Ksh 1660
Between 10001 to 1200cc Ksh 1890
Between 1201 to 1500cc Ksh 2065
Between 1501 to 1700cc Ksh 2410

What car should I get for my first car Kenya?

Recommendation. Cars like Nissan March, Toyota Auris, Mazda Demio, Honda Fit, Toyota Fielder, Toyota Succeed and Toyota Vitz are some of the best choices for first-time buyers as they meet all these requirements.

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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 are the 3 most important factors to consider when purchasing a vehicle?

Obviously price is a starting point, but to help you narrow down your choices further, you need to focus on the following three factors: Quality, Cost of Ownership, and Reliability. Let’s take a look at each one, explain why they’re important, and provide you with the best resources for further research.

What is the first thing to do when you buy a car?

The first thing you need to do is secure a clean title to the vehicle. The title of the vehicle serves as the official record of ownership for a vehicle. Title transfer is especially important if you bought your car from a private seller.

Why you should never pay cash for a car?

NEVER tell them you’re paying cash!

If they keep hounding you, tell them you’re interested in financing but that you want to agree on the price of the car first. If you tell them you’re paying cash, they will automatically calculate a lower profit and thus will be less likely to negotiate a lower price for you.

How do you outsmart a car salesman?

Car Buying Tips To Outsmart Dealerships

  1. Forget Payments, Talk Price. Dealers will try selling you to a payment per month rather than the price of a car. …
  2. Control Your Loan. For many dealers, the car or truck sale is simply the mechanism for the financing. …
  3. Avoid Advertised Car Deals. …
  4. Don’t Feel Pressured. …
  5. Keep Clear Of Add-ons.
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8.11.2016

What is the smartest way to buy a car?

1. Get preapproved for a loan before you set foot in a dealer’s lot. “The single best advice I can give to people is to get preapproved for a car loan from your bank, a credit union or an online lender,” says Philip Reed. He’s the autos editor at the personal finance site NerdWallet.

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