ChrisFix, Frances Cook And Tim Warren Tell Kiwis How To Buy A Car
In an era of rising living costs and tighter budgets, buying a car remains one of the biggest financial decisions a Kiwi can make. Recognising that even the most exciting purchase can turn into a costly regret, Autoflip is proud to unveil an exclusive guide featuring internationally renowned DIY automotive expert ChrisFix, acclaimed New Zealand financial journalist Frances Cook, and seasoned car market commentator Tim Warren, Editor of Drive Weekly.
Expert Advice from ChrisFix
ChrisFix – the world's largest DIY automotive YouTuber with over 10.6 million subscribers – offers practical tips for everyday buyers. He advises:
Stay within your budget: 'For ordinary people looking for a car, I would just get something that is in your price range, or even slightly less. Spending less means you have funds to put towards any necessary fixes – because nearly all cars need a bit of attention, even brand-new ones.'
Consider a nearly-new model: 'Buying a new car can be a luxury many can ill-afford. Opting for a car that is three or four years old can save you 20–30% without compromising on reliability or warranty.'
Enjoy your choice: 'Life's short – drive the car you love. Choose a vehicle within your budget and relish the experience.'
Know your car: 'Understanding basic car maintenance, like checking fluids or changing a tyre, can save you a fortune in the long run.'
Insight from Frances Cook
Financial journalist Frances Cook, celebrated for her clear and unflinching advice on personal finance, weighs in on the investment aspect of car ownership:
'Cars are a classic depreciating asset – they lose value from the moment you drive them off the lot. That said, a well-chosen used car, particularly one between 2 and 10 years old, often offers the best balance between cost and reliability.'
On financing, she cautions: 'Whenever possible, buy in cash. Debt only adds to your expense through interest and fees. If a loan is unavoidable, aim to clear it within three years to minimise additional costs.'
Tim Warren on Safety and Research
Automotive expert Tim Warren highlights the importance of safety and thorough research:
'Safety and reliability are paramount. Look for vehicles with low maintenance costs and straightforward repairs.'
'The biggest mistake buyers make is not researching their chosen car thoroughly. With abundant free resources such as YouTube reviews and car forums, there is no excuse not to be well-informed.'
A Booming Used Car Market
Recent statistics underscore the shift in the market: new vehicle registrations have declined by 14.1% since January 2024, while Toyota's certified pre-owned sales have surged by 39% in 2024, with used car imports reaching record levels. As affordability drives demand, smart buyers are increasingly turning to second-hand options for the best deals.
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