190KW Amarok

[Makaira]

908K and no navigation.
Where is this going to end?

https://www.wheels24.co.za/offroad_a....1599658455684

[Dwayne P]

nevermind where is it going to end. How does one afford this. Most of the new bakkies are R650k up

[dazza]

As long as they sell at that price it wont stop

[Lewies!!]

In Australia they are called the 580. Maybe here we should call it the 908+

[Nys]

nevermind where is it going to end. How does one afford this. Most of the new bakkies are R650k up

You can't get one in Namibia. Waiting list is 6 months!! Deposits already paid. You won't think we are in a economic crisis!!!

[Makaira]

You can't get one in Namibia. Waiting list is 6 months!! Deposits already paid. You won't think we are in a economic crisis!!!

Don't they cost more in Nam ?

[KobusDJ]

908K and no navigation.

It is standard in the Extreme version - R974 600

[hein100]

You can't get one in Namibia. Waiting list is 6 months!! Deposits already paid. You won't think we are in a economic crisis!!!

hiers een in otji maar is die 165kw

[hein100]

Don't they cost more in Nam ?

not always, when we bought the t cross sa was actually more expensive than here in nam

[Makaira]

So should I "upgrade" my 165KW Highline+ (full house with navigation), done 33000km?

[jelo]

I'm struggling to understand the disposable income needed for a R1m vehicle. My mind can't grasp it.

[Makaira]

Well @ 72 months and 5% interest its only slightly more than 16K per month.
Some people rent dwellings for 30K per month and still own nothing after 72 months.

[Nys]

I'm struggling to understand the disposable income needed for a R1m vehicle. My mind can't grasp it.

Well let's calculate it.

For ZAR 1mil
Over a 5 year period
at 8.5% interest

You are looking at ZAR 20,516.53 per month. So if you HP makes up 20% of your disposal income (which is high), your disposable income comes in at ZAR 102k per month. So a CTC of around ZAR 150k should do you

[jelo]

Well let's calculate it.

For ZAR 1mil
Over a 5 year period
at 8.5% interest

You are looking at ZAR 20,516.53 per month. So if you HP makes up 20% of your disposal income (which is high), your disposable income comes in at ZAR 102k per month. So a CTC of around ZAR 150k should do you

you see what I mean?

Who grosses over R1.2m per year? Unless they're doing 72 months and a 50% residual?

[Makaira]

Lets do it over 72 months @ 5% with a 30% balloon then its down to 12125.

[Makaira]

50% balloon gives you 10135.

[jelo]

50% balloon gives you 10135.

and in 7 years you can't get rid of it for R500k?

I dunno, some people are spending way too much to just keep up with the Joneses.

[Makaira]

No, you refinance the 500K you owe because you can't get that ...

[jelo]

No, you refinance the 500K you owe because you can't get that ...

must be, and then I can't see how people can get out of the refinance hole

[jelo]

Who grosses over R1.2m per year?

and I made a mistake here: not R1.2m gross, R1.2m nett AFTER taxes and deductions.........

That must be very close to R1.8m gross income? R150k+ per month? WTF?