Hyundai Creta Monthly Installment

by Leland Morrison, on 5 February 2024

Hyundai Creta Hyundai Creta

Jump to


The Hyundai Creta has established itself as a prominent player in the competitive SUV market. Launched with the intent to light the way in the segment, the 2022 Creta is a confident, safe and feature-packed vehicle that promises to elevate any journey you embark on. Seamless convenience and confident movement are at the heart of the Creta's design, integrating cutting-edge technology with a pleasurable driving experience.

The car boasts an intuitive touch screen Infotainment system that ensures an easy and memorable journey. For those on the go, the convenience of a wireless charger is available to keep devices powered. Prioritizing safety, the Creta comes with a six-airbag system and an advanced Rear Parking Assist system to protect your loved ones and simplify maneuvering.


Since its introduction, the Hyundai Creta has undergone significant evolution to align with consumer expectations and technological advancements. Transitioning over the years, it has received various updates that emphasize practicality and safety. Features such as LED lighting on the executive model improve visibility and contribute to an enjoyable driving experience.

The evolution is also evident in its powertrain, offering a choice of an efficient 1.5-liter petrol engine with either a 6-spd Manual, IVT, or Executive IVT transmission. Moreover, the Creta has been developed to provide an optimal balance between performance and economy, as observed in its fuel consumption and CO2 emissions metrics.


The Hyundai Creta is available in a range of variants, each with its own set of features and price tag. The base model starts at R458,500, while the top-of-the-line variant is priced at R522,500. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
1.5 Premium MT R458,500
1.5 Premium IVT R478,900
1.5 Executive IVT R522,500

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Hyundai Creta vary between R8,035 and R10,697

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
1.5 Premium MT R458,500 R9,386 R8,448 R8,035
1.5 Premium IVT R478,900 R9,804 R8,824 R8,392
1.5 Executive IVT R522,500 R10,697 R9,627 R9,156

The installment goes down when a 10% deposit is provided and even further when a 10% residual is added

Factors affecting your monthly installment:

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
1.5 Premium MT R62,576 R56,319 R53,564
1.5 Premium IVT R65,361 R58,825 R55,947
1.5 Executive IVT R71,311 R64,180 R61,040


The Hyundai Creta fits comfortably into the SUV-B segment considering its physical dimensions and engine size. With an overall length of 4315mm and width of 1790mm, it falls into the compact SUV category. The engine displacement of 1497cc also aligns with what is typical for vehicles within this segment.

. The table below gives a comparison to other alternatives in the SUV-B segment.

Name Monthly From Monthly To Popularity
Hyundai Venue R5,381 R10,357 No Data
Haval Jolion R5,710 R11,873 Low
Kia Sonet R6,038 R9,294 Low
Mazda CX-3 R6,782 R11,094 Low
Toyota Corolla Cross R7,009 R11,131 High
Omoda C5 R7,818 R10,439 Very Low
Hyundai Creta R8,035 R10,697 No Data
Kia Seltos R8,188 R11,505 Low
Mazda CX-5 R9,388 R15,942 Low
Nissan Qashqai R10,280 R13,729 Very Low
Ford Puma R10,315 R12,568 No Data
Hyundai Tucson R10,614 R16,703 No Data
Honda CRV R11,134 R17,174 Very Low
VW Tiguan R11,230 R17,002 Medium
Citroen C5 Aircross R11,625 R14,001 Very Low
Kia Sportage R11,709 R16,357 Low


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:

  1. Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
  2. Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
  3. Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
  4. Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
  5. Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
  6. Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
  7. Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
  8. 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.


Understanding the significance of the Hyundai Creta's price and monthly installment options is crucial for potential buyers. The Creta offers a balance of safety, convenience, and practicality, qualities that appeal to families and individuals alike. When paired with its competitive positioning in the SUV-B segment, it makes for an attractive option for those in the market for a reliable and economical SUV.

Potential buyers are encouraged to conduct thorough research and consult with financial advisors before committing to a purchase. This due diligence ensures a clear understanding of the financial implications, helping to secure a transaction that aligns with one's budget and long-term financial goals.