Kia Carnival Monthly Installment

by Leland Morrison, on 17 January 2024

Kia Carnival Kia Carnival

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The Kia Carnival is a multi-purpose vehicle (MPV) that stands out as a leading choice for families with a penchant for adventure as well as comfort. Its spacious interior, accommodating up to eight passengers, makes long drives and family outings a joyous experience. The Carnival's combination of luxury, practicality, and state-of-the-art technology, ensures the enjoyment and convenience of each passenger, making it more than just a mode of transport.


Throughout its evolution, the Kia Carnival has undergone significant design and technological enhancements. The vehicle sports a futuristic aesthetic with sleek body lines, LED headlamps, and a tiger-nose grille. Prominent tail lamps and an expansive window design contribute to its modern appeal, while the dual sunroof elevates the sense of openness within the cabin. The evolution of the Carnival also features advancements in safety, including a suite of driver assistance systems, solidifying its position as a top-of-the-line family MPV.


The Kia Carnival is available in a range of variants, each with its own set of features and price tag. The base model starts at R923,995, while the top-of-the-line variant is priced at R1,148,995. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
2.2 CRDI EX AT 7-Seater R923,995
2.2 CRDI EX+ AT 8-Seater R1,003,995
2.2 CRDI SXL AT 7-Seater R1,148,995

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Kia Carnival vary between R16,192 and R23,522

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
2.2 CRDI EX AT 7-Seater R923,995 R18,916 R17,025 R16,192
2.2 CRDI EX+ AT 8-Seater R1,003,995 R20,554 R18,499 R17,594
2.2 CRDI SXL AT 7-Seater R1,148,995 R23,522 R21,170 R20,134

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
2.2 CRDI EX AT 7-Seater R126,108 R113,497 R107,944
2.2 CRDI EX+ AT 8-Seater R137,026 R123,323 R117,290
2.2 CRDI SXL AT 7-Seater R156,816 R141,134 R134,230


The Kia Carnival’s sizable dimensions, including a length of 5155mm and accommodations for up to eight passengers, squarely place it in the MPV segment. Its significant cargo space, versatile seating arrangements, and generous engine displacement of 2151cc further solidify its classification in this category. The table below gives a comparison to other alternatives in the MPV segment.

Name Monthly From Monthly To Popularity
Hyundai Staria Multicab R13,262 R15,987 No Data
Hyundai Staria R15,903 R25,875 No Data
Kia Carnival R16,192 R23,522 Very 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 Kia Carnival's price and monthly installment options is paramount for prospective buyers. Being well-informed ensures that one can make a decision that aligns with both their financial position and their family's needs. Customers are encouraged to conduct comprehensive research and consult financial advisors to ensure their vehicle purchase is a prudent one.