Are you looking for a new car with repayments of less than R3 000 p/m over 72 months? Here are 5 new cars for you to consider…
If you are a buyer shopping for a new car priced under R162 000 and can afford to pay up to R3 000 per month over 72 months (6 years) then this list is for you.
As a minimum safety requirement, we have only included vehicles that feature a minimum of 2 airbags and ABS as standard, which conforms to the safety requirements for our #CarsAwards budget car category. The monthly repayment of R3 000 is calculated over 72 months with no deposit, no residual and the interest rate set at 10%.
The cars on this list are ordered from the cheapest to the most expensive and prices are correct as of January 2020.
1. Suzuki Celerio 1.0 GA / GL – From R142 900
The former Cars.co.za Consumer Awards – powered by WesBank budget car category winner is a great choice in this segment and the facelifted version is more attractive than before. It's powered by a 1.0-litre petrol engine with 50 kW and 90 Nm of torque mated with a 5-speed manual transmission. The Celerio's biggest drawcard is its space offering with a sizable load bay (with a claimed capacity of 235 litres), which expands to 1 034 litres with the rear seatback folded flat. The Celerio GA is sparsely specced, but the GL derivative represents good value in this segment.
Read our review of the Suzuki Celerio 1.0 GL
If you opt for the base Celerio GA, your monthly repayment over 72 months will be approximately R2 647. If you choose the higher-spec Celerio GL, your monthly instalment comes in at roughly R2 962 over 72 months.
2. Mahindra KUV100 NXT K2+ – From R142 999
Mahindra updated its KUV100 NXT range in South Africa in 2018. The entry-level K2+ derivative, which costs R142 999, is powered by a 1.2-litre, 3-cylinder petrol engine with 61 kW and 115 Nm of torque and mated with a 5-speed manual transmission. With the new entry-level version, Mahindra is clearly targeting high-volume cars such as the Renault Kwid and Datsun Go but the Indian firm offers good safety specification, for which they deserve a round of applause.
Monthly repayments for the Mahindra KUV100 NXT K2+ is estimated at R2 649 over 72 months.
3. Renault Kwid 1.0 Expression - R144 900
A thoroughly revised Renault Kwid was launched in South Africa recently and apart from its fresh styling, the entire range is now equipped with ABS and dual airbags. The same 1.0-litre, 3-cylinder engine is found under the bonnet and it offers 50 kW and 91 Nm of torque. Buyers can choose between a 5-speed manual transmission or a 5-speed Automated Manual Transmission (AMT) across all 3 derivatives including Expression, Dynamique and the range-topping Kwid Climber.
Monthly repayments are estimated at R2 684 while the higher-spec Kwid Dynamique manual is priced at R154 900 with an estimated monthly repayment of R2 870.
4. BAIC D20 1.3 Comfort – From R149 990
The untested, Chinese-built BAIC D20 arrived in South Africa in 2017 and this particular derivative is powered by a naturally aspirated 1.3-litre petrol engine with 75 kW and 128 Nm of torque. A 5-speed manual transmission is standard.
Monthly repayments for the BAIC D20 1.3 Comfort over 72 months is estimated at R2 779.
5. Hyundai Atos 1.1 Motion - From R159 900
Hyundai re-introduced the Indian-built Atos to the South African market in 2019 and its 1.1-litre, 4-cylinder petrol engine offers 50 kW and 99 Nm of torque which is mated with a 5-speed manual transmission. Read our Hyundai Atos Launch Review for all the details!
Monthly repayments are estimated at R2 962 over 72 months.
Budget Car Comparison
Watch our latest budget car comparison for further buying advice and insight into South Africa's budget car market.