by Leland Morrison, on 8 September 2023
New cars you can buy for the average salary in South Africa
The average person in South Africa earns around R 31 300 per month. Banks recommend that consumers not spend more than 15% of their monthly salary on a car repayment. This leaves around R 4 700 for a car payment or around R 240 000 total using the current interest rate of 11.75% and a loan term of 5 years with no residual.
These are the cars you can afford:
Citroen C3 1.2 Feel: R 229 900
The Citroen C3 must be one of the funkiest, good looking affordable car out there. It comes with a range of features including air conditioning, electric windows, and a touchscreen infotainment system. With a fuel consumption of just 5.6L/100km, it’s also an economical choice. It is also pretty snappy with 61kw of power.
Hyundai Grand i10 1.0 Motion: R 229 900
A pretty safe and practical choice. The korean carmaker is well known for cars that last as long as they should. A tad more efficient than the Citroen C3 using only 5.5L/100km
Nissan Magnite 1.0: R 227 900
We like it for the stylish look. Apart from the poorest fuel efficiency in our list at 5.9/100km, it seems to be a good all rounder
Renault Kiger 1.0 Zen: R 239 999
The Renault Kiger has a surprising amount going for it. It has 405l of boot space, which is more than you would get in a Volvo V40
Suzuki Ignis 1.2 GL: R 217 900
A box full of surprises, the Ignis is the cheapest car on our list. Weighing in at around 115kg less than the Citroen C3 with the same amount of power, it is also the snappiest car on our list. With a fuel economy of 5.1L/100km, it is a very efficient small car indeed. Just don't expect to fit much into the boot.