Hi Ozbargainers,
I've just got full driver licence and seeking a used car.
I'm looking for a Toyota Camry from 2005 and with low KM as possible, because the Japanese car seems reliable for me (at this price, I can't find any Honda suite my need). I have a budget at 7000 to 8000, and the other reason why I pick it because we have a baby, so need something safe.
Can you guys give us advice that:
- Toyota suit for us?
- what fee I need to cover (stamp duty, insurance,etc…)
- We found some deal at dealers (we live in SA), one is Camry 2006 old shape with 130,000km, he offers me 7K and another one is Camry Altise 2006 with 100K KM which looks newer and new shape, the only thing is dealer offers me with 9,000 bucks. I tried to bargain the price because the model is old enough and of course exceed our budget….so generally what do you think?
I'm international student and don't know too much thing in here. Thank you very much.
EDIT: I just deposited money to get Camry 2006, but I'm so afraid of getting into trouble with that car because I didn't check much things
First up, are you sure about those kilometers? I have a feeling you may be missing a zero, (IE: 130,000 km's and 100,000km's)… Noting this isn't necessarily an indication of the car's condition… As for stamp duty, in your price range, it will be this:
$60 plus $4 for every $100 or part of $100 over $3000 (from the motor reg website), a calculator can be found here: http://www.revenuesa.sa.gov.au/taxes-and-duties/stamp-duties…
Don't forget, you'll probably need to register it as well, or at least check that before you buy ($200-500ish, depending on the length you choose).
From my experience, Toyota's are well reliable, I've seen some that get totally abused and still live on… I drive a 2007 Toyota which has done about 70k km's and haven't had any issues thus far (although I've only had it for a couple of years). You should be able to bargain them down a little, take it for a test drive, then try to bargain about price, and most importantly, if you're not comfortable with it— Don't buy it :)
Edit: Insurance wise, well that's up to you, the registration will cover compulsory third party, but you may want to look into getting comprehensive— pretty good idea, most sites will allow you to get an online quote with no hassles, I use RAA— i'd expect a car of that value would be around $400/year but I could be miles off— best check it yourself.