The South African market offers many dealer-run opportunities to buy cars with low monthly instalments.
We scoured these dealer offers to find nationwide specials for popular cars, with an upper price limit of R5,000 per month.
Quickly, it became clear that large SUVs and premium sedans were not on offer – but budget-focused crossovers and hatchbacks were abundant.
Ts & Cs
Before we look at what is on offer, we must cover the typical terms and conditions linked to these deals.
Every vehicle listed on a dealer offer is subject to a set of terms and conditions, which makes its low monthly instalment possible.
This can include an upfront deposit, contract duration, interest rate, residual value, balloon payment, and guaranteed future value.
We found that many dealer offers require large balloon payments to make the low monthly instalment achievable.
These payments are a large portions of the car’s value that are due at the end of the loan period – and can be an unwelcome surprise for the unprepared motorist.
As such, it is advised to tread carefully when buying a car on an instalment plan and to make sure the dealer offer will fit your budget – even a few years down the line.
However, if you are astute with your money and find an attractive proposition, these dealer offers might just be one of the few chances to own your next set of wheels at a lower instalment than expected.
Datsun Go Mid – R1,899 p/m
- Retail price – R179,000
- Deposit – 8%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 3.81%
Suzuki Swift 1.2 GA – R2,099 p/m
- Retail price – R180,900
- Deposit – 10%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 6.21%
Renault Kiger 1.0 Energy Life – R2,699 p/m
- Retail price – R199,900
- Deposit – 0%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 6.85%
Peugeot 208 1.2 Active – R3,399 p/m
- Retail price – R289,900
- Deposit – 11.5%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 7.65%
Hyundai i20 1.2 Motion – R3,899 p/m
- Retail price – R278,900
- Deposit – 0%
- Balloon – 40%
- Duration – 72 months
- Interest rate – 8.75%
Opel Crossland Edition 1.2N – R4,220 p/m
- Retail price – R324,900
- Deposit – 0%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 6.42%
Nissan Magnite 1.0T Acenta Plus CVT – R4,299 p/m
- Retail price – R311,900
- Deposit – 0%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 7.61%
Kia Sonet 1.5 CVT EX – R4,499 p/m
- Retail price – R310,995
- Deposit – 0%
- Balloon – 35%
- Duration – 72 months
- Interest rate – 9%
Jeep Renegade 1.4T Sport – R4,999 p/m
- Retail price – R429,900
- Deposit – 10%
- Balloon – 33.4%
- Duration – 72 months
- Interest rate – 6.73%
Mazda CX-5 2.0 Active Manual – R4,999 p/m
- Retail price – R471,500
- Deposit – 10%
- Balloon – 40%
- Duration – 72 months
- Interest rate – 6.26%
Mini Cooper Hatch Auto – R4,999 p/m
- Retail price – R491,647
- Deposit – 13%
- Guaranteed future value – R302,000
- Duration – 48 months
- Interest rate – 7.2%
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