In a recent TopAuto article dated 7 August 2024, it was highlighted that cars are now more expensive per square meter than homes in South Africa. This surprising comparison reveals just how costly new vehicles have become, especially when compared to real estate, which generally appreciates in value. But in a market where cars cost more than homes, how can buyers make smarter choices? The answer lies in exploring vehicle auctions, and Auction Finance is here to help you navigate this opportunity.
The Cost of Convenience:
The rising cost of new cars is putting a strain on the average buyer's budget, making it more challenging to justify purchasing a vehicle at dealership prices. Auctions, however, offer a practical solution. Vehicles sold at auctions often come at a significant discount, allowing buyers to secure a car at a fraction of the cost. Auction Finance is uniquely positioned to assist clients in finding and financing these vehicles, making car ownership more affordable.
Value for Money:
While the TopAuto article demonstrates that the price per square meter of cars has skyrocketed, vehicles purchased at auction typically offer better value. Auction Finance helps clients find well-maintained, bank-repossessed, or fleet vehicles, ensuring that their investment in a car makes financial sense. With Auction Finance, buyers can save money and still drive away in a high-quality vehicle.
Long-Term Financial Planning:
Unlike homes, which generally appreciate in value, cars typically depreciate. However, buying a car at auction can minimise this depreciation by lowering the initial purchase cost. Auction Finance's expertise ensures that clients find vehicles with the best value retention, balancing the financial impact of buying a car with the long-term benefits of smart investment.
The Auction Advantage:
Buying at auction gives buyers access to a wide range of vehicles, including those that may be otherwise out of reach. Auction Finance is a recognised finance institution partnering with all major banks at auctions across South Africa, working closely with reputable auctioneers. Our services ensure that clients not only find the right vehicle but also secure the best financing options available.
Contact Auction Finance:
If you’re ready to explore the advantages of buying a car at auction, contact Auction Finance today. Our experienced consultants are here to assist you every step of the way.
Contact Details:
- Website: www.auctionfinance.co.za
- Phone: Lizette Muller on +27721058379
- FSP Number: Auth. FSP34936
Conclusion:
In a market where cars are becoming increasingly expensive, Auction Finance provides a smarter way to secure financing for your next vehicle purchase. Don’t miss out on the opportunity to save – contact us today and let us help you finance a great deal at your next auction.
Read the full TopAuto article on how cars are now more expensive per square meter than homes here:
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