Are you looking for a new car with repayments of less than R3 000 p/m over 72 months? Here are 7 new cars for you to consider…
If you are a buyer shopping for a new car priced at around 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 October 2018.
1. Mahindra KUV100 NXT K2+ – From R134 999
Mahindra has updated its KUV100 NXT range in South Africa. There is a new entry-level derivative, named the K2+, which costs R134 999 and 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. Mahindra Finance offers a R2 199-per-month finance deal, with no deposit, 1 year’s vehicle insurance and special finance offers for graduates. With the new entry-level version, Mahindra is clearly targeting high-volume cars such as the Renault Kwid and Datsun Go, but unlike those brands, the Indian firm is offering a decent safety specification, for which they deserve a round of applause.
2. Suzuki Celerio 1.0 GA / GL – From R139 900
The former Cars.co.za Consumer Awards – powered by WesBank budget car category winner is a great choice in this segment and the recently-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 592. If you choose the higher-spec Celerio GL, your monthly instalment comes in at roughly R2 907 over 72 months.
3. BAIC D20 1.3 Comfort – From R149 990
The untested, Chinese-built BAIC D20 arrived in South Africa last year 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.
4. Kia Picanto 1.0 Street – From R155 495
The new Kia Picanto, with vastly improved exterior and interior styling, was launched last year. The 1.0 Street offers 49 kW and 95 Nm of torque from its 1.0-litre petrol engine and is mated with a 5-speed manual transmission. Load space is decent with the load bay claimed at 255 litres, expanding to a useful 1 010 litres with the rear seats folded down. Monthly repayments for the Kia Picanto 1.0 Street over 72 months is estimated at R2 881.
5. Tata Bolt 1.2T XMS – From R159 995
The vastly-improved Tata Bolt came to market in 2015 and it has sold relatively well ever since. Its 1.2-litre turbocharged engine offers a respectable 66 kW and 140 Nm of torque and is mated with a 5-speed manual transmission. Key features for this base-spec derivative include electric windows all round, Bluetooth connectivity, a multifunction steering wheel and a USB port to charge devices.
Monthly repayments for the Tata Bolt 1.2T XMS over 72 months is estimated at R2 964.
6. Suzuki Swift 1.2 GA – From R160 900
The new Suzuki Swift is now available in South Africa with pricing starting at R160 900 for the base-spec Swift 1.2 GA. The Swift is powered by a 1.2-litre petrol engine with 61 kW and 113 Nm of torque and offers good build quality and solid handling. A 5-speed manual transmission is standard.
Monthly repayments for the Suzuki Swift 1.2 GA over 72 months is estimated at R2 981.
7. Suzuki Dzire 1.2 GA - From R161 900
The new Suzuki Dzire sedan was introduced to market in June 2018 as a standalone model. The Dzire is fitted with the same naturally aspirated 1.2-litre petrol engine that powers the new Swift. This engine has outputs of 61 kW and 113 Nm of torque and in the case of the Dzire 1.2 GA derivative, a 5-speed manual transmission is standard. The DZire’s boot now measures 378 litres which some 78 litres or 26% bigger than the previous Swift Dzire.
Monthly repayments for the Suzuki Dzire 1.2 GA over 72 months is estimated at R2 999.