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  3. Got a bargain (here in South Africa at least)

Got a bargain (here in South Africa at least)

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  • S sucram

    Went to an auction on Saturday and acquired a 2004 Jeep Cherokee 2.8 CRD(Jeep Liberty for those in the US) for R22500 (US$ 3,339). My budget was R90000 (US$ 13000) The vehicle has only 94000km on the clock and is in mint condition. The car was a bank repossessed vehicle and the last lot. To my great surprise (and luck) nobody bid any higher then me, and I got the car. A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000) Since lady luck is smiling upon me, I am going to by a lotto ticket this weekend, who knows maybe I'll win that too. I know many of you guys in the US and Europe are going to say that I still payed to much. Just keep in mind that cars (and houses) are very expensive in South Africa in relation to what we earn here. The buying power of the Rand is really crap.

    Ego non sum semper iustus tamen Ego sum nunquam nefas!

    H Offline
    H Offline
    hairy_hats
    wrote on last edited by
    #2

    How much is fuel down there?

    S 1 Reply Last reply
    0
    • S sucram

      Went to an auction on Saturday and acquired a 2004 Jeep Cherokee 2.8 CRD(Jeep Liberty for those in the US) for R22500 (US$ 3,339). My budget was R90000 (US$ 13000) The vehicle has only 94000km on the clock and is in mint condition. The car was a bank repossessed vehicle and the last lot. To my great surprise (and luck) nobody bid any higher then me, and I got the car. A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000) Since lady luck is smiling upon me, I am going to by a lotto ticket this weekend, who knows maybe I'll win that too. I know many of you guys in the US and Europe are going to say that I still payed to much. Just keep in mind that cars (and houses) are very expensive in South Africa in relation to what we earn here. The buying power of the Rand is really crap.

      Ego non sum semper iustus tamen Ego sum nunquam nefas!

      M Offline
      M Offline
      Mladen Jankovic
      wrote on last edited by
      #3

      sucram wrote:

      The car was a bank repossessed vehicle

      From who? That might answer your question why nobody bid.

      [Genetic Algorithm Library]

      S S 2 Replies Last reply
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      • S sucram

        Went to an auction on Saturday and acquired a 2004 Jeep Cherokee 2.8 CRD(Jeep Liberty for those in the US) for R22500 (US$ 3,339). My budget was R90000 (US$ 13000) The vehicle has only 94000km on the clock and is in mint condition. The car was a bank repossessed vehicle and the last lot. To my great surprise (and luck) nobody bid any higher then me, and I got the car. A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000) Since lady luck is smiling upon me, I am going to by a lotto ticket this weekend, who knows maybe I'll win that too. I know many of you guys in the US and Europe are going to say that I still payed to much. Just keep in mind that cars (and houses) are very expensive in South Africa in relation to what we earn here. The buying power of the Rand is really crap.

        Ego non sum semper iustus tamen Ego sum nunquam nefas!

        S Offline
        S Offline
        Single Step Debugger
        wrote on last edited by
        #4

        Congrats, this price is extremely good even for US/In Europe the cars ARE expensive/. In a similar auction two years ago a co-worker got one year old Mercedes C-class for $19 000.

        There is only one Ashley Judd and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

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        • M Mladen Jankovic

          sucram wrote:

          The car was a bank repossessed vehicle

          From who? That might answer your question why nobody bid.

          [Genetic Algorithm Library]

          S Offline
          S Offline
          Single Step Debugger
          wrote on last edited by
          #5

          Dracula? And the name of the SUV is Christine?

          There is only one Ashley Judd and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

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          • S sucram

            Went to an auction on Saturday and acquired a 2004 Jeep Cherokee 2.8 CRD(Jeep Liberty for those in the US) for R22500 (US$ 3,339). My budget was R90000 (US$ 13000) The vehicle has only 94000km on the clock and is in mint condition. The car was a bank repossessed vehicle and the last lot. To my great surprise (and luck) nobody bid any higher then me, and I got the car. A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000) Since lady luck is smiling upon me, I am going to by a lotto ticket this weekend, who knows maybe I'll win that too. I know many of you guys in the US and Europe are going to say that I still payed to much. Just keep in mind that cars (and houses) are very expensive in South Africa in relation to what we earn here. The buying power of the Rand is really crap.

            Ego non sum semper iustus tamen Ego sum nunquam nefas!

            R Offline
            R Offline
            Rage
            wrote on last edited by
            #6

            You probably missed the small text (engine is not included in the price)

            S 1 Reply Last reply
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            • S sucram

              Went to an auction on Saturday and acquired a 2004 Jeep Cherokee 2.8 CRD(Jeep Liberty for those in the US) for R22500 (US$ 3,339). My budget was R90000 (US$ 13000) The vehicle has only 94000km on the clock and is in mint condition. The car was a bank repossessed vehicle and the last lot. To my great surprise (and luck) nobody bid any higher then me, and I got the car. A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000) Since lady luck is smiling upon me, I am going to by a lotto ticket this weekend, who knows maybe I'll win that too. I know many of you guys in the US and Europe are going to say that I still payed to much. Just keep in mind that cars (and houses) are very expensive in South Africa in relation to what we earn here. The buying power of the Rand is really crap.

              Ego non sum semper iustus tamen Ego sum nunquam nefas!

              W Offline
              W Offline
              wizardzz
              wrote on last edited by
              #7

              Wow, was the title ok?

              sucram wrote:

              A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000)

              That sound's pretty rough down there. I got a '05 Cherokee 5.7L with 42k miles for US$16k last fall, would that run ~22k in SA?

              Craigslist Troll: litaly@comcast.net "I have a theory that the truth is never told during the nine-to-five hours. " — Hunter S. Thompson

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              • H hairy_hats

                How much is fuel down there?

                S Offline
                S Offline
                sucram
                wrote on last edited by
                #8

                It's about US$ 1.50 per litre. The jeep cherokee has a better fuel economy then my current vehicle. A french piece of junk (a peugeot 807).

                Ego non sum semper iustus tamen Ego sum nunquam nefas!

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                • M Mladen Jankovic

                  sucram wrote:

                  The car was a bank repossessed vehicle

                  From who? That might answer your question why nobody bid.

                  [Genetic Algorithm Library]

                  S Offline
                  S Offline
                  sucram
                  wrote on last edited by
                  #9

                  Probaly form somebody that lost there job and couldn't make payments any more. I took tyhe vehicle for a test drive and it seems sound.

                  Ego non sum semper iustus tamen Ego sum nunquam nefas!

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                  • R Rage

                    You probably missed the small text (engine is not included in the price)

                    S Offline
                    S Offline
                    sucram
                    wrote on last edited by
                    #10

                    LOL

                    Ego non sum semper iustus tamen Ego sum nunquam nefas!

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                    • W wizardzz

                      Wow, was the title ok?

                      sucram wrote:

                      A similar vehicle went for 5 times the amount earlier in the day. At a second hand car dealer you could easily pay R 120000 (US$ 17,000)

                      That sound's pretty rough down there. I got a '05 Cherokee 5.7L with 42k miles for US$16k last fall, would that run ~22k in SA?

                      Craigslist Troll: litaly@comcast.net "I have a theory that the truth is never told during the nine-to-five hours. " — Hunter S. Thompson

                      S Offline
                      S Offline
                      sucram
                      wrote on last edited by
                      #11

                      Definetly 22k and upwards. Teh funny thing is that the Grand Cherokee's are chepaer then the Libertys when buying second hand. New the liberty goes for about US$ 66000.

                      Ego non sum semper iustus tamen Ego sum nunquam nefas!

                      W 1 Reply Last reply
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                      • S sucram

                        Definetly 22k and upwards. Teh funny thing is that the Grand Cherokee's are chepaer then the Libertys when buying second hand. New the liberty goes for about US$ 66000.

                        Ego non sum semper iustus tamen Ego sum nunquam nefas!

                        W Offline
                        W Offline
                        wizardzz
                        wrote on last edited by
                        #12

                        What???? 66k for a new Liberty? I think they are 25k here. That is absolutely mad! Are they at least diesel? Can't get those here.

                        Craigslist Troll: litaly@comcast.net "I have a theory that the truth is never told during the nine-to-five hours. " — Hunter S. Thompson

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