Nissan Qashqai Monthly Installment
by Leland Morrison, on 27 November 2023
Jump to
- Overview
- Evolution of the Nissan Qashqai
- Nissan Qashqai Price
- Nissan Qashqai Monthly Installment
- Minimum Monthly Salary
- Alternatives
- Stats
- Tips to Secure the Best Monthly Installment
- Conclusion
Overview
The Nissan Qashqai is a compact crossover SUV that first hit the roads in 2006. Known for its stylish design, practicality, and affordability, the Qashqai has become one of Nissan's best-selling vehicles globally. Its name, inspired by the nomadic Qashqai people of Iran, reflects the vehicle's adventurous spirit.
Over the years, technological advancements and design tweaks have kept the Qashqai competitive in a crowded SUV market. The vehicle's blend of urban appeal with off-road capabilities has attracted a diverse group of customers, from young professionals to small families.
Evolution
The evolution of the Nissan Qashqai has been marked by significant milestones. The first generation (J10) immediately gained popularity for its elevated driving position, economy, and versatility. The second generation (J11), introduced in 2013, brought improved aesthetics and fuel efficiency. The latest model, known as the J12, debuted in 2021, offering cutting-edge safety features, a refined interior, and efficient powertrains, including mild-hybrid technology.
The Qashqai's advancements have not only increased its market appeal but also underscore the brand's commitment to innovation and sustainability.
Price
The Nissan Qashqai is available in a range of variants, each with its own set of features and price tag. The base model starts at R568,200, while the top-of-the-line variant is priced at R670,600. The price of a particular variant depends on its engine, transmission, and other features.
| Variant | Price |
|---|---|
| Visia | R568,200 |
| Acenta Xtronic CVT | R639,300 |
| Acenta Xtronic CVT 2-Tone | R644,800 |
| Acenta Plus Xtronic CVT | R670,600 |
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 Nissan Qashqai vary between R9,957 and R13,729
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 |
|---|---|---|---|---|
| Visia | R568,200 | R11,632 | R10,469 | R9,957 |
| Acenta Xtronic CVT | R639,300 | R13,088 | R11,779 | R11,203 |
| Acenta Xtronic CVT 2-Tone | R644,800 | R13,200 | R11,880 | R11,299 |
| Acenta Plus Xtronic CVT | R670,600 | R13,729 | R12,356 | R11,751 |
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 |
| Visia | R77,548 | R69,794 | R66,379 |
| Acenta Xtronic CVT | R87,252 | R78,527 | R74,685 |
| Acenta Xtronic CVT 2-Tone | R88,003 | R79,203 | R75,328 |
| Acenta Plus Xtronic CVT | R91,524 | R82,372 | R78,342 |
Alternatives
The Nissan Qashqai is 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 |
|---|---|---|---|
| Mazda CX-3 | R6,458 | R11,094 | Low |
| Toyota Corolla Cross | R6,685 | R11,131 | High |
| Omoda C5 | R7,494 | R10,439 | Very Low |
| Hyundai Creta | R7,711 | R10,697 | No Data |
| Kia Seltos | R7,865 | R11,505 | Low |
| Mazda CX-5 | R9,064 | R15,942 | Low |
| Nissan Qashqai | R9,957 | R13,729 | Very Low |
| Ford Puma | R9,992 | R12,568 | No Data |
| Hyundai Tucson | R10,291 | R16,703 | No Data |
| Honda CRV | R10,811 | R17,174 | Very Low |
| VW Tiguan | R10,907 | R17,002 | Medium |
| Citroen C5 Aircross | R11,302 | R14,001 | Very Low |
| Kia Sportage | R11,386 | R16,357 | Low |
| Toyota RAV4 | R12,626 | R17,059 | Low |
| Audi Q3 | R13,228 | R16,634 | Low |
| BMW X1 | R14,560 | R18,438 | Low |
| Hyundai Kona N | R15,703 | R17,379 | No Data |
Stats
Current popularity for the Nissan Qashqai is Very Low with around 22 120 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 Nissan Qashqai price and monthly installment options is crucial for potential buyers. The car's value proposition is strengthened by its reputation for reliability and low cost of ownership. When considering a vehicle purchase, it is essential to conduct thorough research and consult with financial advisors to ensure the decision aligns with one's budget and lifestyle needs.
We encourage buyers to explore the Qashqai's various trim levels and financing options to find a fit that is both satisfying and financially sensible.
source: https://www.nissan.co.za/vehicles/new/qashqai/specifications.html