According to the TransUnion Vehicle Pricing Index (VPI) data, vehicle prices have significantly increased for new cars recently. This is caused by supply chain problems, which leads to car manufactures to produce less cars than the demand.
In simple economics, higher demand with lower supply equals higher prices on goods. Higher interest rates, increases in fuel prices, high inflation and other factors, leaves car consumers no choice but to settle for cars that give value for money. As a result, car manufactures are trying to bridge that gap by manufacturing more affordable vehicles for consumers, which is why in this article we’ll cover 5 most affordable cars in South Africa.
1.Suzuki Spresso
Price: R169 900 and a monthly instalment of R3 074.
Fuel consumption and expenditure: 4.9 litres /100 km with 27 litres of fuel tank capacity. It costs R611 to fill up its tank.
Vehicle Maintenance: it comes with a 5-year 200 000 km warranty.
Performance: The Spresso has a 1.0 litre engine that produces 50 Kw of power and 90 Nm of torque. It has a top speed of 140 km/h.
2.Renault Kwid
Price: R184 999 with a R2999 monthly instalment.
Fuel consumption and expenditure: 4.4 litres / 100km with 28 litres of fuel tank capacity and it costs R634 to fill up its tank.
Vehicle Maintenance: it comes with a 5 year / 150 000 km mechanical warranty.
Performance: The Kwid has a 1.0 litre engine that produces 50 kW of power and 91 Nm of torque. It is capable of reaching 152 km/h.
3.Toyota Vitz 1.0 MT
Price: R189 900 with a monthly instalment of R3 513.82.
Fuel consumption and expenditure: 4.4 litres /100km and fuel tank capacity of 32 litres. It costs R725 to fill up the tank.
Vehicle maintenance: 3 year / 100 000 km warranty.
Performance: it has a 1.0 three-cylinder engine that produces 49 kW of power and 89 Nm of torque. With a top speed of 160 km/h.
4.Kia Picanto
Price: 216 995 with a monthly instalment of R3 399 per month
Fuel consumption and expenditure: 5.0 litres /100 km with 35 litres of fuel tank capacity. It costs R793 to fill up its fuel tank.
Vehicle Maintenance: It comes with a 5 year/ Unlimited Warranty.
Performance: The Kia Picanto has a 1.0 engine that produces 49 kW of power and 95 Nm of torque, and a top speed of 155 km/h.
5.Hyundai Grand i10 1.0 Motion MT
Price: R224 900 with a monthly instalment of R2 799.
Fuel consumption and expenditure: 5.4 l /100 km with 37 litres of fuel tank capacity. This car costs R838 to fill up the fuel tank.
Vehicle maintenance: 5 year/ 100 000 km Manufacturer’s Warranty, plus an additional 2–year 50 000 km Manufacturer’s Powertrain Warranty.
Performance: the car is powered by a 1.0 litre engine that produces 49 kW of power and 94 Nm of torque. It has atop speed of 153 km/h.
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Written by: Prince Neo Mokwena
Images: KIA, Renault, Hyundai, Toyota, Suzuki
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