Vehicle financing - here is what you need to know

It is important to decide what you can afford to spend on a new or used vehicle, especially in the context of your other debt and financial responsibilities. You must also choose a car that will suit both your lifestyle and your needs when commuting to work. Of course, you must also find the right vehicle finance and loan terms.

Get expert insights and information to help you navigate the vehicle finance process when applying for car finance.

The panel discusses important vehicle financing considerations that can help you, as a young professional get it right when you start looking for your first car. From knowing what to expect to get the right insurance, this episode helps you avoid the common pitfalls that many young people fall into when they get that first ride.

“In this instance, you can walk into a dealership in the morning, and leave with a car that afternoon, which is an extremely dangerous thing to do. And so I think, regardless of whether there’s a deposit or not, start with just taking a little bit of time and slowing down the process.” – Neo Mahlangu, National Banking Client Segment Head at Investec Private Banking.