Posted: Wednesday 14th December 2016
OUR FOUR-PART GUIDE TO FINANCING YOUR DATSUN.
Ok. So you want a Datsun, sweet! That seems simple enough with the fact that it's really affordable to own one! Then the tricky subject of 'car finance' enters the scene and sometimes knocks you off balance. Well, we're here to change that with our four-part guide on how to GO about financing your Datsun with ease.
PART ONE: LEARN TO MANAGE YOUR MOOLA
Personal financial management is usually a subject known to make the average oke cringe, but it shouldn't be. Taking the time to manage your bucks better could really benefit you in the long run. You could use your extra cash to pay off any debts or, better yet, buy those new sneakers you’ve had your eye on for the past month. Sound good? Well, of course it does.
First up, do you have any accounts? If not, open one! Yup, we said it. A good financial credit record is essential as this will determine what loans you can qualify for and whether or not steep interest rates will apply to you. If you already have running accounts a good place to start would be to pay off your store cards first, as they usually charge higher interest rates than any other account.
The weird thing is that not all debt is bad - it’s actually an investment for the future, but it’s important to remember that saving is essential too. Before you think we’re crazy, it really is possible to save. You can do this by setting a budget up for yourself to make sure that you don’t spend more than what is coming in. This way you can cut back on unnecessary spending - which might be as simple as making lunch at home or reconsidering your stagnant gym membership.
Many people aren’t aware of how much they spend on clothes, food or luxuries per month. Whether you are paying with cash or swiping plastic, stay on top of your expenditures by setting up a budget for yourself. You’ll have a good view on how to spend your bucks and, who knows, you might just be able to budget for an additional outing or two with friends.
So how do you actually go about setting up a budget? Simply keep track of all your expenses for a month to get an idea of how you spend. Remember to save all your receipts, whilst making notes regarding cash flow in order to figure out how much money you have left at the end of the month. After the first calendar month, take note of where your money went to. Draw up a list of all your expenses in correlation to your monthly income.
Based on your month of expenses, set up a plan by creating room for savings too. Do this by setting aside at least 10% of your income for those rainy days. Budgeting may take some time and effort, but this way you’re less likely to end up in debt and more likely to save up for your new, shiny Datsun!
Datsun originated in Japan as DAT-GO (the DAT-car) almost a century ago in 1914. The word DAT means ‘lightning-fast’ in Japanese but is also a reference to the three financiers who supported the business at the time – namely Mssrs. Den, Aoyama and Takeuchi – an acronym of the first letter of each name. Using the same logic, it was promoted as Durable, Attractive and Trustworthy, or DAT for short.
In 1933, Nissan’s founding father Yoshisuke Aikawa took over the business with a vision of “mobility for all”. The introduction of a light-weight, economical yet resilient car to meet the aspirations of young Japanese people in the early 1930s was named the ‘son of DAT’ – Datson - which later changed to Datsun. Local engineering and mass-production made the founder’s dream a reality.
Nissan Motor Co., Ltd. announced the return of the Datsun brand, Nissan's third global brand, alongside Nissan and Infiniti, in March 2012. Datsun will provide a sustainable motoring experience to optimistic up-and-coming customers in high-growth markets. Datsun represents 80 years of accumulated Japanese car-making expertise and is an important part of Nissan's DNA. Datsun already started sales in India and Indonesia, while sales in Russia and South Africa will commence later in 2014.
ABOUT NISSAN MOTOR IN SOUTH AFRICA
Nissan South Africa is the operational hub for Regional Business Unit South, serving Nissan’s key South Africa market and 42 other countries in Sub Saharan Africa, including Angola, Ghana, Kenya and Nigeria. In South Africa, the company offers a range of 28 vehicles under the Nissan and Infiniti brands, including the popular locally-produced Nissan light commercial vehicles - the NP200 half ton pickup and NP300 one-ton Hardbody – produced at the company’s Rosslyn plant, north west of Pretoria. In 2013, the company made history with the introduction of South Africa’s first electric vehicle, Nissan’s flagship Nissan LEAF. This will be followed in 2014 by the reintroduction of the iconic Datsun brand, as well as the launch of the new Qashqai crossover and new X-Trail sports utility vehicle. Nissan South Africa is one of the top five automotive companies in South Africa. For more information visit our website at http://www.nissan.co.za