With vehicle prices having increased substantially over the past few years, it has become almost impossible to find a new car in the sub-R100,000 range.
According to a July report by Wesbank, the overall cost of motoring is still on the rise, despite recent cuts to interest rates and fuel prices, as well as a slowdown in vehicle price inflation.
The monthly mobility basket – which comprises instalments, fuel, insurance and maintenance fees – has increased 24.2% since July 2013, Wesbank said.
This is particularly noticeable in the lower-end market as vehicles have slowly started to shift towards higher price brackets.
According to the latest Naamsa report, the Volkswagen Polo Vivo is still the best selling car in South Africa with 2,675 vehicles sold in July. However it comes at a price, with the Volkswagen Polo Vivo hatch 1.4 CiTi selling for R178,800.
BusinessTech looked at the cheapest new vehicles for sale in South Africa right now.
The cheapest variants of specific car models have been selected so as to cut back on repetition. All prices were sourced from Duoporta.