Buying guide
How Much Should I Spend on a Car in NZ?
We break down how much you should spend, what different vehicle types will cost you, and the hidden traps to avoid.
The Golden Rule: The 20/4/10 Rule
Average Spend by Vehicle Type (Used vs. New)
| Vehicle Type | Used (5–10 years old) | Late Model / New | |||
|---|---|---|---|---|---|
| Hatchback | Hatchback | $8,000 – $15,000 | $8,000 – $15,000 | $25,000 – $40,000 | $25,000 – $40,000 |
| Sedan | Sedan | $10,000 – $18,000 | $10,000 – $18,000 | $35,000 – $55,000 | $35,000 – $55,000 |
| SUV | SUV | $15,000 – $25,000 | $15,000 – $25,000 | $45,000 – $75,000+ | $45,000 – $75,000+ |
| Ute (Double Cab) | Ute (Double Cab) | $25,000 – $40,000 | $25,000 – $40,000 | $55,000 – $85,000+ | $55,000 – $85,000+ |
| Van | Van | $15,000 – $30,000 | $15,000 – $30,000 | $50,000 – $70,000 | $50,000 – $70,000 |
| Hybrid | Hybrid | $12,000 – $22,000 | $12,000 – $22,000 | $35,000 – $55,000 | $35,000 – $55,000 |
| Electric (EV) | Electric (EV) | $15,000 – $30,000 | $15,000 – $30,000 | $50,000 – $90,000+ | $50,000 – $90,000+ |
Factoring in the Total Cost of Ownership (TCO)
Smart Buying Tips: Avoiding the 'Lemon'
1. The History Check
2. Beware of 'Lemons'
3. Get a Professional Inspection
4. Negotiating the Price
Final Thoughts
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