n Personal Finance Newsletter - Beat inflation - think pre-owned : vehicles
|Article Title||Beat inflation - think pre-owned : vehicles|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Aug 2013|
|Pages||12 - 13|
It was bound to happen at some stage. For the last year or so, new car inflation in South Africa was far below the average increase in the consumer price index (CPI) and flat. New cars were therefore, in real terms, not getting any more expensive. Combined with historically low interest rates and fierce competition between the manufacturers, manifesting in special deals and value-adds, it was probably a good time to buy a new vehicle if you needed one.
Article metrics loading...