Suzuki Fronx Monthly Installment
by Leland Morrison, on 5 November 2023
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Overview
Who Is the Suzuki Fronx For in South Africa?
The Suzuki Fronx is a compact crossover aimed at entry-level buyers who want SUV styling without the bulk or high fuel costs. It fits well into the budget-conscious segment, typically appealing to individuals or small families earning between R32,000 and R45,000 per month.
For South Africans, the Fronx offers an affordable upgrade from smaller hatchbacks like the Swift, with more space, higher ground clearance, and a bold design — all while maintaining Suzuki’s reputation for value and reliability.
Price
The Suzuki Fronx is available in a range of variants, each with its own set of features and price tag. The base model starts at R288,900, while the top-of-the-line variant is priced at R344,900. The price of a particular variant depends on its engine, transmission, and other features.
| Variant | Price |
|---|---|
| 1.5 GL 5MT | R288,900 |
| 1.5 GL 4AT | R308,900 |
| 1.5 GLX 5MT | R324,900 |
| 1.5 GLX 4AT | R344,900 |
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 Suzuki Fronx vary between R4,916 and R6,878
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 GL 5MT | R288,900 | R5,761 | R5,185 | R4,916 |
| 1.5 GL 4AT | R308,900 | R6,160 | R5,544 | R5,256 |
| 1.5 GLX 5MT | R324,900 | R6,479 | R5,831 | R5,529 |
| 1.5 GLX 4AT | R344,900 | R6,878 | R6,190 | R5,869 |
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 |
| 1.5 GL 5MT | R38,409 | R34,568 | R32,774 |
| 1.5 GL 4AT | R41,068 | R36,961 | R35,042 |
| 1.5 GLX 5MT | R43,195 | R38,876 | R36,858 |
| 1.5 GLX 4AT | R45,854 | R41,269 | R39,126 |
Stats
Current popularity for the Suzuki Fronx is Medium with around 69 660 searches per month.