Are you looking for a new car with affordable monthly instalments? Here are 4 new cars you can buy right now for under R3 500 per month over 72 months.
If you are looking for a cheap new car priced under R188 900 and can afford to pay up to R3 500 per month over 72 months (6 years) then this list is for you.
As a minimum safety requirement, we have only included new cars that feature a minimum of 2 airbags and ABS as standard.
The monthly repayment of R3 500 is calculated over 72 months with no deposit, no residual and the interest rate set at 10%. Note that monthly payment calculations exclude other related monthly expenses such as insurance, fuel and general maintenance.
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The cars on this list are ordered from the cheapest monthly instalment to the most expensive and prices are correct as of February 2023.
New cars for under R3 500 per month
1. Suzuki S-Presso – From R162 900
The Suzuki S-Presso remains a popular choice in the entry-level segment and the Japanese firm recently introduced an updated S-Presso to market boasting better fuel efficiency and safety features. Pricing for the S-Presso starts from R162 900 and goes all the way up to R199 900 for the range-topping S-Spresso 1.0 S-Edition automatic. The S-Presso is powered by an updated 3-cylinder, 1.0-litre petrol engine with 49 kW and 89 Nm of torque and is offered with a 5-speed manual or 5-speed automated manual transmission.
Estimated monthly repayment over a 72-month period starts from R3 018, making it one of the cheapest monthly payments for a new car available in South Africa.
Read our review of the Suzuki S-Presso 1.0 S-Edition
Browse specification details for the Suzuki S-Presso
Buy a new/used Suzuki S-Presso on Cars.co.za
2. Mahindra KUV100 NXT – From R172 999
Mahindra’s KUV100 NXT is powered by a naturally aspirated 1.2-litre turbopetrol engine with 61 kW and 115 Nm of torque on offer and is mated with a 5-speed manual transmission.
If you’re looking for a cheap monthly instalment car, Mahindra KUV100 NXT comes in at an estimated monthly payment starting from R3 205 per month over 72 months.
Browse specification for the Mahindra KUV100 NXT
Buy a used Mahindra KUV100 NXT on Cars.co.za
3. Renault Kwid 1.0 Zen / Life – From R180 999
The Kwid is one of the most popular affordable cars in South Africa and the Kwid Life and Kwid Zen are available to buyers for under R3 500 per month. The Kwid is powered by a 3-cylinder, 1.0-litre petrol engine with 50 kW and 91 Nm of torque on offer with a 5 speed manual transmission directing power to the front wheels.
Estimated monthly instalments for a brand new Renault Kwid over 72 months start from R3 353.
Browse specification for the Renault Kwid
Buy a used Renault Kwid on Cars.co.za
4. Suzuki Celerio GA – From R178 900
A new Suzuki Celerio came to market this year and it’s powered by a 1.0-litre petrol engine with 49 kW and 89 Nm of torque mated with a 5-speed manual transmission.
If you opt for the base Celerio GA, your affordable monthly repayment over 72 months will be approximately R3 314.
Read our review of the Suzuki Celerio 1.0 GL
