Zero2Turbo
    Facebook Twitter Instagram
    Facebook Twitter Instagram RSS
    Zero2Turbo
    • Home
    • Contact
    • Videos
      Featured

      BMW M2 vs Audi RS3 Performance Drag Race Is Seriously Tight

      By Zero2TurboSeptember 15, 2023
      Recent

      BMW M2 vs Audi RS3 Performance Drag Race Is Seriously Tight

      September 15, 2023

      Lamborghini Huracán Sterrato Does Huge Off-Road Jump

      September 13, 2023

      Porsche 911 GT3 RS vs BMW M3 CS Drag Race Shows Effect of DRS

      August 31, 2023
    • South Africa
    • Zero2Turbo Telegram
    Zero2Turbo
    Home»Zero2Turbo»Is the Covid-19 Pandemic a Good Time to Buy a Car?
    Zero2Turbo

    Is the Covid-19 Pandemic a Good Time to Buy a Car?

    By Zero2TurboApril 27, 2020Updated:August 24, 2020No Comments
    Facebook Email Twitter LinkedIn Telegram WhatsApp
    Share
    Facebook Email Twitter LinkedIn WhatsApp Telegram

    There are many reasons you might be contemplating buying a new car right now. 

    Examples include the fact that your car may be older than you’d like, perhaps it doesn’t fit your family’s needs anymore, or maybe you were involved in a car accident and you need to replace the vehicle that was damaged.  

    Maybe you’d simply like to have a new Lincoln Continental because it’s always been your dream car.

    Whatever your reasons, we’re in the midst of the covid-19 pandemic, so is it a good time to make a purchase?

    The following are some things to think about when it comes to buying a car right now. 

    Are There Any Good Deals?

    A big reason you might be weighing whether or not to buy a car at this particular time is if you want to find a deal.

    For example, there are extremely low interest rates, which will bring your costs down. You might even be able to find 0% interest rates. 

    A lot of car manufacturers are advertising plans for payment flexibility when you buy a new car right now, and there are car companies that are also offering payment plans to help current owners if something happens to their job. 

    It could be that you find a good deal because of something manufacturers are pushing, or something offered by individual dealerships. It’s been a tough time financially for everyone, so there may be ways to use this to your advantage to get the price of a new car down. 

    Carmakers know they need to entice people to buy right now.

    Are You Allowed to Buy a Car Right Now?

    While many states are starting to gradually lift their stay-at-home restrictions imposed during the start of the covid-19 outbreak, not all are. 

    However, if you’re in the market for a new car, there’s good news. 

    Car sales are allowed in all 50 states right now. 

    With that being said, that doesn’t mean you can just walk into the dealership and take a test drive like you might have before all of this started. 

    If you want to test-drive vehicles before making a decision, you should talk to someone at the dealership and see if there are restrictions on doing so. 

    If you’re going to buy a luxury car, you may be able to convince the dealership to let you do an at-home test drive, but not all do that. 

    Carvana is a company that will drop a car off to your home, however, and now their delivery drivers wipe down the interiors and then step away while you take a test drive. 

    CarMax announced the launch of its curbside pickup option at some of its locations. 

    CarMax has also focused on letting car buyers and sellers know they’re making efforts to prevent the spread of covid-19.

    For example, they say they are increasing cleaning in all of their locations, and they’re sanitizing high-touch areas. 

    According to CarMax, they’re also working with their employees to train them on how to prevent the spread of respiratory diseases, and they are implementing social distancing protocols. 

    Could a Recent Car Order Be Delayed?

    If you recently ordered the car, there is the potential that your delivery might be delayed because there are a lot of car companies and manufacturers that have temporarily closed during the coronavirus pandemic, or have pared down their employees and their level of production. 

    There were also factory closures in China, which could impact the delivery of new cars. 

    Who Should Wait to Buy a New Car?

    Even though you can technically buy a new car right now and there may be good deals and low interest rates, does that mean now is right for everyone? Probably not.

    You need to think about your level of job security and certainty. 

    Are you in an industry that could see significant effects of coronavirus, including layoffs? Is your income secure enough for you to finance a new vehicle?

    At the beginning of the pandemic and the shutdowns, the primary affected industries were hospitality and travel, but now more than 30 million Americans have applied for unemployment benefits over the past few weeks.

    Even if you don’t outright lose your job, you could see a reduction in your hours or perhaps a pay cut. 

    You’ll have to weigh this uncertainty with the potential of getting a good deal on a new vehicle right now and decide what’s right for you.

    Share. Facebook Email Twitter LinkedIn WhatsApp Telegram
    Previous ArticleTwo New Ferrari’s Coming This Year
    Next Article Mansory Offer Subtle Ferrari 812 Superfast Softkit

    Related Posts

    ‘Alfa Romeo 4E’ Planned As EV 4C Successor

    September 27, 2023

    998 HP Aston Martin Valhalla Revealed In Road-Going Spec

    September 27, 2023

    Non-Competition BMW M Models Will Be A Thing Of The Past

    September 26, 2023

    Toyota GR Yaris To Get Update With 300 HP and Eight-Speed Auto

    September 26, 2023

    Novitec Reveals Highly Limited N-Largo S Kit For Ferrari 812 Superfast

    September 26, 2023

    Mercedes G-Wagon Production Coming To An End With Updated Model To Be More Aerodynamic

    September 21, 2023

    Leave A Reply Cancel Reply

    Popular Posts
    • ‘Alfa Romeo 4E’ Planned As EV 4C Successor
    • 998 HP Aston Martin Valhalla Revealed In Road-Going Spec
    • Non-Competition BMW M Models Will Be A Thing Of The Past
    • Toyota GR Yaris To Get Update With 300 HP and Eight-Speed Auto
    • Novitec Reveals Highly Limited N-Largo S Kit For Ferrari 812 Superfast

    Latest Instagram Photos
    • Looks like the new Mercedes-AMG S 63 E PERFORMANCE was spotted testing in South Africa 🇿🇦

That start-up sounds pretty damn promising!

This thing packs a whopping 791 hp (590 kW) and 1,430 Nm of torque.

📌 Graskop, Mpumalanga

🎥 @guylin_
    • Look what’s arrived in South Africa 🇿🇦 

Nothing confirmed by Toyota SA as of yet but here is the 224 kW GR Corolla!

Image source: @average_midship 

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Toyota #GRCorolla
    • We waited a fair bit for the Tiguan R to arrive but that means it has been given enough thought and executed with the sort of German precision that makes us happy to have waited.

As fast SUVs go it’s a cracker, and with a price tag starting from R1,014,900 it is actually decent value in the segment.

It’s fun, aggressive when you want it to be and remarkably civilised when you don’t. Cars like this rarely make sense, but the Tiguan R is one case where that argument starts to change one's mind.

We cannot wait to drive the matching Golf next week!

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Z2TDriven #VolkswagenTiguanR #TiguanR #VWTiguanR
    • The very first SA-spec BMW M2 snapped at BMW HQ in Midrand.

Zandvoort Blue would not be our choice but the looks have certainly grown on us. What about all of you?

Shots via @projectthart 

#ExoticSpotSA #Zero2Turbo #SouthAfrica #BMWM2 #NewM2 #ZandvoortBlue
    • If you’re expecting a faster, angrier and more focused version of the original 86, you’re going to be happy with this car.

Toyota finally gave the 86 more power. It’s not take-your-breath-away power, but again, it’s not made to win drag races. If you want more power, get a Supra.

Sure it is a bit more pricey this time around but it is a no-regrets kind of car that you will enjoy just as much today as 10 years from now.

Long live the manual transmission, especially when it’s packaged within something as fun as the Toyota GR86.

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Z2TDriven #ToyotaGR86 #GR86 #Anime #InitialD
    • Stunning Jaguar F-Type Project 7 spotted in sunny Cape Town yesterday by @ryan_6r 😎

Just 5 of these made their way into SA making this quite a rare sighting!

#ExoticSpotSA #Zero2Turbo #SouthAfrica #Jaguar #FTypeProject7 #Project7 #JaguarFType #CapeTown

    Follow Us

    Facebook Twitter Instagram YouTube RSS
    Designed by Zero2Turbo.

    Type above and press Enter to search. Press Esc to cancel.