Buyers' advice, Motoring News

Sound buying advice for road-hungry recent graduates

JOHANNESBURG, Gauteng – For university and college graduates owning a reliable car is a necessity as more employers require them to have reliable transport – a commitment exciting and stressful, particularly for a first-time car-buyer.

WesBank suggests the following tips to consider when buying your first car:

Fuel efficiency

Buying a large car might be exciting but remember… it’s not only the monthly instalment but also fuel consumption based on your travel requirements. Consider the cost of fuel and make sure you will stay abreast of all payments and maintenance requirements.

Value for money

Car brands have kept up-to-date with vehicle design; even economy cars are stylish and equipped with technology such as Bluetooth connectivity, modern safety features, and ample space.

Reliability

Buying within your means doesn’t mean compromising on vehicle reliability. EBuy from a reputable dealer, read and understand your purchase contract (including service, warranty and maintenance plans that may form part of the deal.

WesBank Graduate Finance offers graduates with competitive interest rates, credit history not essential. The entire application process can be accessed and completed online.

WesBank Graduate Finance is designed for graduates who:

• Have a university degree, three-year diploma, or NQF 6 qualification
• Have graduated within the past three years
• Are no older than 30
• Can provide proof of employment
• Have a valid driving licence
• Are South African citizens

WesBank’s Ghana Msibi told The Corner in a media release: “We want to give graduates some independence without them worrying about elements such as a credit history. We can assist graduates with a bright future by making the travel between work and home easier.”

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