Haval Jolion Monthly Installment
by Leland Morrison, on 23 November 2023
Jump to
- Overview
- Evolution of the Haval Jolion
- Haval Jolion Price
- Haval Jolion Monthly Installment
- Minimum Monthly Salary
- Alternatives
- Stats
- Tips to Secure the Best Monthly Installment
- Conclusion
Overview
The Haval Jolion is an attractive offering in the compact SUV market, produced by Chinese automotive manufacturer Great Wall Motors under the Haval brand. Known for its contemporary design, the Jolion boasts a range of features aimed at a youthful and trend-conscious demographic. With options such as a 1.5 Turbo engine, multiple transmission choices including 6MT and 7DCT, and a variety of trim levels, the Jolion promises a personalized driving experience. The vehicle caters to the modern driver with specifications that emphasize safety, comfort, and technology.
Haval equips the Jolion with smart safety features, an exquisite cockpit, and a striking exterior that allow it to stand out in its class. Available in multiple colors and varying degrees of luxury appointments, the Jolion can satisfy a spectrum of customer preferences, while the pricing strategy makes it an accessible option in its segment. Features like speed sensitive electric power steering, panoramic sunroof, and advanced infotainment systems further contribute to its appeal, ensuring that the vehicle is well-rounded and competitive.
Evolution
The Haval Jolion has gone through an evolution since its inception, building upon its foundation as a reliable and affordable SUV with a focus on innovation and market trends. Initially, the Jolion entered the market with features that appealed to budget-conscious buyers looking for value. Over time, Haval has continuously upgraded the Jolion with more sophisticated features such as advanced driver-assistance systems (ADAS), higher quality materials, and improved powertrain technologies.
The integration of features like adaptive cruise control, traffic sign recognition, automatic emergency braking, and a 360-degree panoramic camera on the higher trim levels indicate Haval's commitment to enhancing the driving experience and ensuring safety. Further developments in interior design, with upgrades like a 10.25-inch multimedia touch display and electric seat adjustments, showcase the evolution from a basic utility vehicle to a more luxurious and technologically advanced SUV.
Price
The Haval Jolion is available in a range of variants, each with its own set of features and price tag. The base model starts at R344,950, while the top-of-the-line variant is priced at R579,950. The price of a particular variant depends on its engine, transmission, and other features.
| Variant | Price |
|---|---|
| 1.5T City Manual | R344,950 |
| 1.5T Luxury Manual | R385,550 |
| 1.5T Premium | R389,150 |
| 1.5T Luxury | R423,250 |
| 1.5T Super Luxury | R455,850 |
| 1.5T Super Luxury S | R489,550 |
| 1.5 HEV Luxury | R549,950 |
| 1.5 HEV Super Luxury | R579,950 |
Additional Costs to Consider:
- Dealer Fees: Can include documentation, processing, and other administrative charges.
- Optional Add-ons: Upgraded features, accessories, or enhancements that come at an extra cost.
- Extended Warranties: Offer prolonged protection for the product at an additional price.
- Other Costs: Miscellaneous expenses that might arise such as transfer of ownership.
Monthly Installment
Monthly payments for the Haval Jolion vary between R6,045 and R11,873
The following table provides a few example calculations using the prime interest rate + 2% (13.75%) over a period of 6 years or 72 months.
| Variant | Price | Installment | 10% deposit | 10% deposit and residual |
|---|---|---|---|---|
| 1.5T City Manual | R344,950 | R7,062 | R6,356 | R6,045 |
| 1.5T Luxury Manual | R385,550 | R7,893 | R7,104 | R6,756 |
| 1.5T Premium | R389,150 | R7,967 | R7,170 | R6,819 |
| 1.5T Luxury | R423,250 | R8,665 | R7,798 | R7,417 |
| 1.5T Super Luxury | R455,850 | R9,332 | R8,399 | R7,988 |
| 1.5T Super Luxury S | R489,550 | R10,022 | R9,020 | R8,579 |
| 1.5 HEV Luxury | R549,950 | R11,259 | R10,133 | R9,637 |
| 1.5 HEV Super Luxury | R579,950 | R11,873 | R10,686 | R10,163 |
The installment goes down when a 10% deposit is provided and even further when a 10% residual is added
Factors affecting your monthly installment:
- Prime interest rate
- Loan term
- Deposit
- Residual
- Credit score
Minimum monthly salary
Banks typically recommend not spending more than 15% of your monthly salary on a car repayment. With that in mind, here is the recommended monthly salary for each variant:
| Minimum Salary | |||
|---|---|---|---|
| Variant | No deposit | 10% deposit | 10% deposit and residual |
| 1.5T City Manual | R47,079 | R42,371 | R40,298 |
| 1.5T Luxury Manual | R52,620 | R47,358 | R45,041 |
| 1.5T Premium | R53,111 | R47,800 | R45,462 |
| 1.5T Luxury | R57,765 | R51,989 | R49,446 |
| 1.5T Super Luxury | R62,215 | R55,993 | R53,254 |
| 1.5T Super Luxury S | R66,814 | R60,133 | R57,191 |
| 1.5 HEV Luxury | R75,058 | R67,552 | R64,247 |
| 1.5 HEV Super Luxury | R79,152 | R71,237 | R67,752 |
Alternatives
The Haval Jolion is categorized as a compact SUV, aligning it with the SUV-B segment. The table below gives a comparison to other alternatives in the SUV-B segment.
| Name | Monthly From | Monthly To | Popularity |
|---|---|---|---|
| Chery Tiggo 4 Pro | R4,713 | R8,371 | Medium |
| Hyundai Venue | R5,716 | R10,357 | No Data |
| Haval Jolion | R6,045 | R11,873 | Low |
| Kia Sonet | R6,373 | R9,294 | Low |
| Mazda CX-3 | R7,116 | R11,094 | Low |
| Toyota Corolla Cross | R7,344 | R11,131 | High |
| Omoda C5 | R8,152 | R10,439 | Very Low |
| Hyundai Creta | R8,369 | R10,697 | No Data |
| Kia Seltos | R8,523 | R11,505 | Low |
Stats
Current popularity for the Haval Jolion is Low with around 46 380 searches per month.
Tips to Secure the Best Monthly Installment Deal
Securing the best monthly installment deal is crucial for managing your finances effectively. Whether you're financing a car, home, or any other purchase, a favorable installment plan can save you money and reduce financial strain. Here are some tips to help you land the best deal:
- Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
- Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
- Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
- Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
- Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
- Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
- Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
- Seek Pre-approval: It provides clarity on what you qualify for and aids in negotiations.
By being diligent, informed, and proactive, you can secure a monthly installment deal that aligns with your financial goals and provides peace of mind.
Conclusion
Understanding the price and monthly installment options of the Haval Jolion is essential for potential buyers. The vehicle's attractive design, modern features, and competitive pricing make it a considerable option in the compact SUV market. As buyers consider the Jolion against other vehicles in its class, being well-informed about the cost implications and financial options is crucial.
It is recommended for prospective owners to thoroughly research and compare the Jolion's offerings to alternative models and to consult with financial advisors to determine the most suitable purchasing plan. A well-rounded decision-making process, factoring in the total cost of ownership and potential financial benefits, can ensure that buyers make an investment that is both satisfying and economically smart.