A minimum deposit is the amount of money provided to the car company for purchasing the vehicle's ownership. When you put down a minimum deposit for the car, it means you are interested in buying the car and want to put it on hold.
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There could be so many reasons why you want to buy a car.
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When buying a car, one always needs to keep in mind what the resale value would be should you choose to sell it further down the line.
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Many South Africans buy cars via a vehicle asset loan as it’s a great way to get access to a decent set of wheels and establish a solid credit record.
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If you’ve had your car for a number of years, are bored of it, or perhaps finding the upkeep too expensive, you may be considering trading it in.
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Whether it’s your first time selling a car, or you’ve done it twenty times, there comes a moment where you wonder “have I got everything?”
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The article will cover this question.
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Can you buy a car without a licence? Believe it or not, you actually can!
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