Before you buy a used car, ask about the cost of common parts like brake pads, oil filters, or headlights. This will give you a sense of whether the car will be expensive to maintain.Lower Parts Basket % = More Affordable to Own: A car like the Ford Figo have lower parts costs relative to their purchase price, making them more budget-friendly for long-term ownership.
When considering a used vehicle, there are a few important factors to keep in mind that can help you save money and make a smart purchase.
Cars like the Suzuki Swift or Hyundai Atos may seem like great deals upfront, but they have higher maintenance costs (due to parts prices), meaning that over a few years, you’ll be spending more on keeping them running.
If you’re after a compact SUV, the Haval Jolion offers good value without breaking the bank. But if you’re looking for something more budget-friendly, a hatchback like the Ford Figo will be much cheaper to own and maintain.
For used cars, it’s important to ensure that parts are easily available. Some models, especially from newer brands or imported cars, might have more expensive or harder-to-find parts, which can increase costs down the road.