Hyundai Tucson Monthly Installment

by Leland Morrison, on 27 November 2023

Hyundai Tucson Hyundai Tucson

Jump to

Overview

The Hyundai Tucson embodies a dynamic balance of comfort, style, and performance, making it a standout option in the competitive SUV market in South Africa. Its bold design accents and robust build quality cater to a diverse clientele, from urban commuters to adventure seekers. The Tucson offers an extensive range of features, including advanced driver-assistance systems, infotainment options with Apple CarPlay and Android Auto, as well as practical attributes such as a spacious interior, generous cargo space, and a panoramic sunroof that enhances the driving experience.

Evolution

The evolution of the Hyundai Tucson reflects Hyundai's commitment to innovation and customer satisfaction. Over the years, the Tucson has seen significant technological, aesthetic, and performance enhancements. The latest models boast modern features such as leather seating, a wireless charger, and a sophisticated suite of safety measures including Lane Following and Keeping Assist and Forward Collision Avoidance Assist. New to the lineup is the Tucson N Line, offering a sportier option with distinctive styling cues and performance upgrades that cater to the more spirited driver.

Price

The Hyundai Tucson is available in a range of variants, each with its own set of features and price tag. The base model starts at R584,500, while the top-of-the-line variant is priced at R815,900. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
2.0 Premium AT R584,500
2.0 Executive AT R639,500
2.0 Elite AT R711,900
2.0 Elite Diesel AT R779,900
N Line R815,900

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Hyundai Tucson vary between R10,242 and R16,703

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
2.0 Premium AT R584,500 R11,966 R10,769 R10,242
2.0 Executive AT R639,500 R13,092 R11,783 R11,206
2.0 Elite AT R711,900 R14,574 R13,117 R12,475
2.0 Elite Diesel AT R779,900 R15,966 R14,370 R13,667
N Line R815,900 R16,703 R15,033 R14,297

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
2.0 Premium AT R79,773 R71,796 R68,283
2.0 Executive AT R87,279 R78,551 R74,709
2.0 Elite AT R97,161 R87,445 R83,167
2.0 Elite Diesel AT R106,441 R95,797 R91,111
N Line R111,355 R100,219 R95,316

Alternatives

Positioned as a compact SUV, the Hyundai Tucson fits into the SUV-B category, offering a balance of size and functionality suitable for this segment. The table below gives a comparison to other alternatives in the SUV-B segment.

Name Monthly From Monthly To Popularity
Mazda CX-3 R6,410 R11,094 Low
Toyota Corolla Cross R6,637 R11,131 High
Omoda C5 R7,446 R10,439 Very Low
Hyundai Creta R7,663 R10,697 No Data
Kia Seltos R7,816 R11,505 Low
Mazda CX-5 R9,016 R15,942 Low
Nissan Qashqai R9,909 R13,729 Very Low
Ford Puma R9,944 R12,568 No Data
Hyundai Tucson R10,242 R16,703 No Data
Honda CRV R10,762 R17,174 Very Low
VW Tiguan R10,859 R17,002 Medium
Citroen C5 Aircross R11,254 R14,001 Very Low
Kia Sportage R11,338 R16,357 Low
Toyota RAV4 R12,578 R17,059 Low
Audi Q3 R13,180 R16,634 Low
BMW X1 R14,512 R18,438 Low
Hyundai Kona N R15,655 R17,379 No Data

Stats

Current popularity for the Hyundai Tucson is No Data with around 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:

  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.

Conclusion

Understanding the pricing and monthly installment options for the Hyundai Tucson is crucial for potential buyers. Before making a commitment, it’s important to consider the long-term financial implications of purchasing a new vehicle. The Tucson represents a significant investment, and being well-informed about available models, features, and financial services can ensure that buyers make a choice that aligns with their needs and budget.

Potential buyers are encouraged to conduct thorough research and consult with financial advisors to determine the most suitable vehicle purchase. Hyundai's financial services offer various options, including the possibility of a payment holiday, which should be evaluated carefully to make an informed decision that brings satisfaction and joy for years to come.

source: https://www.hyundai.co.za/new-vehicles/showroom/suv/tucson