New Haval H6 – How much you will pay per month – TopAuto
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Tuesday / 27 July 2021
HomeFeaturesNew Haval H6 – How much you will pay per month

New Haval H6 – How much you will pay per month

Haval’s new H6 is set to be a strong competitor in South Africa’s SUV segment, especially considering you can get one for around R8,500 per month.

The third-generation of the Haval H6 comes with an all-new design featuring LED lights, a mesh grille, and 19-inch alloy wheels.

It also boasts a “new generation of safety”, said Haval, and is powered by a 2.0-litre, turbo-petrol motor.

This engine is paired with a seven-speed dual-clutch automatic transmission, and produces 150kW and 320Nm.

Additional features in the SUV include keyless entry and start, a 12.3-inch infotainment display with Apple CarPlay and Android Auto, and a 10.25-inch instrument cluster.

A sunroof, heated and ventilated seats, and a heated steering wheel are also available on the top-end models.

South African pricing for the new Haval H6 is as follows:

  • Haval H6 2.0T 7DCT 2WD Premium – R419,900
  • Haval H6 2.0T 7DCT 2WD Luxury – R454,900
  • Haval H6 2.0T 7DCT 4WD Luxury – R479,900
  • Haval H6 2.0T 7DCT 4WD Super Luxury – R514,900

Each model is sold with a 5-year/100,000km warranty and a 5-year/60,000km service plan.

Monthly car payments

To work out how much you will pay per month to own a new Haval H6, we used the scenario of a buyer purchasing the SUV using a vehicle finance plan.

A “mid-range” purchase price of R450,000 was used in this example, and put into the following formula:

  • Car Price – R450,000
  • Payment Term – 60 terms (5 years)
  • Interest – 9%
  • Deposit – 10%
  • Balloon – No balloon payment
  • Extras – No optional extras

This produces a monthly vehicle finance payment of R8,500, and results in a total interest repayment of R99,700 over the term of the agreement.

Using this monthly repayment amount, we can also calculate how much you should earn to be able to “afford” a new Haval H6.

Financial experts recommend that car buyers do not spend more than 20% of their gross monthly salary on vehicle finance payments.

This means that you should earn R42,500 per month to meet the recommended 20% threshold.

In addition to this, buyers will have to budget for insurance and fuel expenses each month – which can cost several thousand rand.

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