The average value of a new-car finance plan in the first quarter of 2023 was R393,441Â over a period of 67.5 months.
There are many models for sale around this price bracket, including an abundance of crossovers and SUVs which are quickly becoming the favourite body style for local car buyers.
Unsurprisingly, popular vehicles such as the Toyota Corolla Cross and VW T-Cross both regularly feature in the country’s best-selling cars list and both are priced within R1,000 of the average finance contract value.
Other sought-after mini-SUVs including the Chery Tiggo 4 Pro, Ford EcoSport, and Haval Jolion are also available around this price point, as are hatchbacks like the Honda Fit and bakkies like the Mahindra Pik Up.
The average new car in South Africa
The cars below all sell for around the R393,000 mark, giving us an accurate picture of which sort of wheels the average buyer in South Africa goes for.
Click on the underlined prices for more information.
Haval Jolion 1.5T Premium
- Starting price – R384,950
- Power – 105kW/210Nm
- Fuel consumption – 7.5l/100km
- Warranty – 5-year/100,000km
- Service plan – 5-year/60,000km
Chery Tiggo 4 Pro 1.5T Elite Auto
- Starting price – R386,900
- Power – 108kW/210Nm
- Fuel consumption – 6.8l/100km
- Warranty – 5-year/150,000km general warranty with a 10-year/1-million kilometre engine warranty
- Service plan – 5-year/60,000km
Mitsubishi ASX 2.0 ES
- Starting price – R389,990
- Power – 110kW/197Nm
- Fuel consumption – 7.5l/100km
- Warranty – 3-year/100,000km
- Service plan – 3-year/60,000km
Mahindra Pik Up 2.2CRDe Double Cab S6
- Starting price – R389,999
- Power – 103kW/320Nm
- Fuel consumption – 7.9l/100km
- Warranty – 4-year/120,000km
- Service plan – 5-year/90,000km
Mazda CX-3 2.0 Active
- Starting price – R390,500
- Power – 115kW/206Nm
- Fuel consumption – 6.9l/100km
- Warranty – 3-year/unlimited-kilometre
- Service plan – 3-year/unlimited-kilometre
Kia Sonet 1.0T EX
- Starting price – R390,995
- Power – 88kW/172Nm
- Fuel consumption – 6.0l/100km
- Warranty – 5-year/unlimited-kilometre
- Service plan – 4-year/60,000km
Toyota Corolla Cross 1.8 Xi
- Starting price – R392,900
- Power – 103kW/172Nm
- Fuel consumption – 6.8l/100km
- Warranty – 3-year/100,000km
- Service plan – 6-services/90,000km
VW T-Cross 1.0TSI 70kW Comfortline
- Starting price – R393,400
- Power – 70kW/175Nm
- Fuel consumption – 4.8l/100km
- Warranty – 3-year/120,000km
- Service plan – 3-year/45,000km
Ford EcoSport 1.0T Active
- Starting price – R393,700
- Power – 92kW/170Nm
- Fuel consumption – 6.3l/100km
- Warranty – 4-year/120,000km
- Service plan – Optional
Suzuki Grand Vitara 1.5 GLX
- Starting price – R397,900
- Power – 77kW/138Nm
- Fuel consumption – 6.0l/100km
- Warranty – 5-year/200,000km
- Service plan – 6-year/90,000km
Honda Fit 1.5 Elegance
- Starting price – R400,600
- Power – 89kW/145Nm
- Fuel consumption – 5.5l/100km
- Warranty – 5-year/200,000km
- Service plan – Optional
Fiat Tipo Sedan 1.4 City Life
- Starting price – R404,900
- Power – 70kW/127Nm
- Fuel consumption – 5.7l/100km
- Warranty – 5-year/100,000km
- Service plan – 3-year/100,000km
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