R4,700 per month is the difference between being able to buy the new entry-level Audi A3 and its sporty sibling the S3.
The new Audi A3 and S3 were recently unveiled for the South African market, with prices starting at R561,000.
This amount of money gets you the A3 35 TFSI Sportback. At the top you then have the S3 TFSI Quattro Sedan, which retails for R810,000.
All cars in the range sport Apple CarPlay and Android Auto, automatic headlights, ambient lighting, and a digital instrument cluster.
Safety levels are also high across the range, with a 5-star Euro NCAP safety rating for the car.
The main differences then come in the engine and power department, with the Audi A3 35 TFSI models are driven by a 1.4-litre, turbo-petrol engine paired with a tiptronic transmission.
This produces 110kW and 250Nm.
The S3 TFSI Quattro Sedan packs a 2.0-litre, turbo-petrol motor connected to an S Tronic dual-clutch gearbox, which produces 213kW and 400Nm.
Monthly payments
To calculate how much the monthly payments are for an Audi A3 and S3, we can take the starting prices of the cars and place them into the formula below.
First up is the Audi A3 35 TFSI Sportback, at R561,000.
- Car Price – R561,000
- Payment Term – 60 terms (5 years)
- Interest – 9%
- Deposit – 10%
- Balloon – No balloon payment
- Extras – No optional extras
The result is a vehicle finance payment of R10,500 per month. Total interest paid over the agreement comes to R124,200.
Next up is the S3 TFSI Quattro Sedan, which retails for R810,000.
- Car Price – R810,000
- Payment Term – 60 terms (5 years)
- Interest – 9%
- Deposit – 10%
- Balloon – No balloon payment
- Extras – No optional extras
The result is a vehicle finance payment of R15,200 per month. Total interest paid over the agreement comes to R179,200.
It must be noted that these calculations do not include monthly insurance premiums and fuel costs.
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