Mzanzi motorists wishing to pick up the new Toyota Vitz X-Cite will need to earn at least R22,000 per month, according to a calculation by TopAuto.
The X-Cite is a colourful new version of the entry-level hatch, intended to give it more flair out on the road for those who’d like to show off their new set of wheels.
Visual changes include numerous orange highlights on areas like the rear spoiler, side mirrors, side mouldings, and around the front fog lights, as well as interior components like the air vents, gearstick base, and parts of the doors.
These splashes of colour are complemented by black wheel arch mouldings, front and rear bumpers, and side skirts, and X-Cite decals can be found on the doors.
Standard equipment includes a radio system with Bluetooth, USB, and aux ports, halogen headlights, 14-inch steel wheels, a full-sized spare wheel, a multifunction steering wheel, fabric upholstery, manual air conditioning, two speakers, rear park distance control, ABS, electronic brake-force distribution, vehicle stability control, and two front airbags.
Getting the higher-spec X-Cite XR will then add alloy rims, remote central locking, all-round electric windows, a digital tachometer, a USB port, a multifunction steering wheel, two more speakers, and a 7-inch infotainment screen with Apple CarPlay and Android Auto to the list.
As for the engine, you can still expect a 1.0-litre petrol engine with 49kW and 89Nm, which is exclusively paired to a five-speed manual gearbox, meaning fuel consumption works out to 4.4l/100km.
What you need to earn
We can use the following formula to work out the monthly payments on the new Vitz:
- Car price – R189,900/R219,900
- Payment term – 60 terms (5 years)
- Interest – 11.75%
- Deposit – 0%
- Balloon – No balloon payment
- Extras – No optional extras
According to this, buyers will need to pay between R4,295 per month and R4,959 per month to take home the Toyota.
Financial experts then recommend that you do not spend more than 20% of your gross monthly salary on vehicle payments.
This means you’ll need to earn anywhere from R21,475 per month to R24,795 per month to afford the X-Cite.
Note that this figure does not account for insurance, fuel, and maintenance, which all need to be factored into your budget.
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