Namibia is one of the most beautiful countries in Africa, with stunning landscapes and a rich cultural history. However, it’s also one of the most expensive places to live. The cost of owning a car in Namibia can be especially high due to the country’s sparse population and lack of public transportation options. According
the average monthly car payment in Namibia is 555.24
In Namibia, the average monthly car payment is 555.24. If you’re planning to buy a new car in Namibia, you may want to know how much it will cost you every month. Below we will give an overview of what the average monthly payment is and how that number can be managed.
The average monthly car payment in Namibia is calculated by taking into account all the different kinds of cars available on the market at any given time (new and used) and calculating their average costs over a set period of time (usually 3-4 years). The amount includes insurance, maintenance costs and other expenses related to owning a vehicle for that period time frame such as fuel consumption or repairs if needed during that timeframe as well as any other fees associated with owning/operating
most of namibians spend more on their car payments than they do on food
If you’re planning on buying a car in Namibia, you can expect to spend an average of 13,741.45 Namibian dollars (NAD) on it. That’s almost twice as much as the average American spends each year on food. The total cost includes both your down payment and monthly payments over the course of three years. If you plan to pay more than that upfront, your monthly payments will decrease accordingly.
The average annual car insurance premium in Namibia is 15,615.77 NAD – about $1,000 USD – which is also about twice what Americans pay for their basic health insurance plans every year.*
The average annual car insurance premium in Namibia is 15,615.77. This figure includes all types of car insurance: third-party liability and comprehensive.
buying a car in namibia costs an average of 13,741.45
Buying a car in Namibia is an expensive proposition. The average price of a second-hand car is around N$27,000 (US$3,500). This is for a small four-door hatchback with air conditioning, central locking and power windows. For example, the Toyota Corolla costs about US$20,000 new but will sell for N$10-12,000 when it’s more than 10 years old.
Of course, buying from an official dealer won’t give you much of a discount—the price will reflect the dealer’s profit margin and local taxes on new cars sold at retail prices. If you’re looking for a cheaper vehicle without all the bells and whistles then be prepared to spend even more money on repairs or modifications if necessary before driving off into the sunset (or onto dusty roads).