Despite a VAT hike, and increase in ad valorem excise duty, and CO2 emissions taxes in April, Chinese motoring company Chery, has managed to keep the price for its entry level QQ3 0.8 TE, below R100,000.
For the rest however, prices in the level entry market have increased substantially over the past 18 – 24 months, the the second cheapest car almost R30,000 more expensive than the Chery.
South Africa’s total new vehicle sales were up by 2.6% year-on-year in July, with 47,881 units sold versus 46,671 in the corresponding month last year.
Data published by the National Association of Automobile Manufacturers of South Africa (Naamsa) showed that the passenger vehicle segment, which contributed 67% of all new vehicle sales in July, was up 4.3% year-on-year with 32,108 units sold.
BusinessTech looks at the top 16 cheapest cars on the market in South Africa. Renault and Suzuki feature prominently on the list, having pushed out several models targeted at the affordable market in recent months, rivaling an influx of models from Asia.
- Chery
- Suzuki Celerio
- Renault Kwid
- Datsun Go
- Kia Picanto
- Baic D20 hatch 1.3
- Mahindra KUV 100
- Hyundai i10
- Tata Bolt 1.2 Turbo
- Suzuki Swift
- Toyota Aygo
- Honda Brio
- Nissan Micra Active
- Vw up
- Renault Sandero
- Suzuki Ignis
Source – BusinessTech