Kia Picanto Monthly Installment

by Leland Morrison, on 9 January 2024

Kia Picanto Kia Picanto

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The Kia Picanto emerges as an embodiment of urban vitality and youthful spirit, with attributes that resonate with city dwellers seeking adventure and practicality. Compact in form yet generous in its interior design, the Picanto promises both dynamic performance and agile manoeuvrability, transforming tight urban spaces into its personal domain.

Additional features augment the Picanto's appeal, such as body-colour side mirrors with indicators and a heating function, and various safety and comfort elements like electric folding side mirrors and a high-mounted stop lamp, to name a few, completing the package of this vibrant city car.


Over the years, the Kia Picanto has undergone significant evolution, enhancing not just its aesthetic appeal but also its structural integrity with over 44% Advanced High-Strength Steel (AHSS). This enhances the vehicle's rigidity and, in turn, cabin protection and driving dynamics. The incorporation of hot-stamped components in critical stress areas has fortified its resilience.

The Picanto has also evolved its safety profile featuring sophisticated sensor technology, ABS, and multiple airbags. Its interior is not left behind, showcasing an ergonomic and stylish design, complete with a new 8-inch floating touch screen infotainment system boasting Apple Carplay and Android Auto compatibility.


The Kia Picanto is available in a range of variants, each with its own set of features and price tag. The base model starts at R235,995, while the top-of-the-line variant is priced at R299,995. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
1.0 MT Start R235,995
1.0 MT Street R249,995
1.0 AT Start R249,995
Picanto Runner R255,995
1.2 MT Street R258,995
1.0 MT Style R259,995
1.0 AT Street R263,995
1.2 MT Style R268,995
1.2 AT Street R272,995
1.0 AT Style R273,995
1.2 AT Style R282,995
1.2 MT X-Line R285,995
1.2 AT X-Line R299,995

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Kia Picanto vary between R4,135 and R6,142

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
1.0 MT Start R235,995 R4,831 R4,348 R4,135
1.0 MT Street R249,995 R5,118 R4,606 R4,381
1.0 AT Start R249,995 R5,118 R4,606 R4,381
Picanto Runner R255,995 R5,241 R4,717 R4,486
1.2 MT Street R258,995 R5,302 R4,772 R4,539
1.0 MT Style R259,995 R5,323 R4,790 R4,556
1.0 AT Street R263,995 R5,405 R4,864 R4,626
1.2 MT Style R268,995 R5,507 R4,956 R4,714
1.2 AT Street R272,995 R5,589 R5,030 R4,784
1.0 AT Style R273,995 R5,609 R5,048 R4,801
1.2 AT Style R282,995 R5,794 R5,214 R4,959
1.2 MT X-Line R285,995 R5,855 R5,269 R5,012
1.2 AT X-Line R299,995 R6,142 R5,527 R5,257

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
1.0 MT Start R32,209 R28,988 R27,570
1.0 MT Street R34,120 R30,708 R29,205
1.0 AT Start R34,120 R30,708 R29,205
Picanto Runner R34,938 R31,445 R29,906
1.2 MT Street R35,348 R31,813 R30,257
1.0 MT Style R35,484 R31,936 R30,374
1.0 AT Street R36,030 R32,427 R30,841
1.2 MT Style R36,713 R33,041 R31,425
1.2 AT Street R37,259 R33,533 R31,892
1.0 AT Style R37,395 R33,656 R32,009
1.2 AT Style R38,623 R34,761 R33,060
1.2 MT X-Line R39,033 R35,130 R33,411
1.2 AT X-Line R40,944 R36,849 R35,046


Current popularity for the Kia Picanto is Low with around 60 200 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.


Understanding the Kia Picanto price and available monthly installment options are crucial for potential buyers. The car's compact design, safety features, and modern amenities make it an attractive choice for those looking for efficient urban mobility.

Prospective customers are encouraged to conduct comprehensive research and, if necessary, seek advice from financial advisors to ensure an investment that aligns with their budget and lifestyle requirements. Being well-informed facilitates a purchasing decision that is both practical and satisfying.