Whether you’re buying the car new or second-hand, here are some key factors to consider:Read MoreYour car budgetThe first thing you need to do is determine how much you’re willing and able to spend on a car. Another factor to consider is whether you should invest in a new or a second-hand car. To calculate depreciation of a used car, consider factors such as mileage, age of the car, it’s general condition, the model and the number of owners it has had. Before buying a used car, bear in mind that the lifespan of a car is 10 -15 years by international standards. For instance, if you need the car for daily use, you need to go for a car that is fuel economical.

Source: Standard Digital November 01, 2020 08:01 UTC