Cheap Car Installments In South Africa

What is Car Installment?

Car finance refers to the various financial products that allow someone to acquire a car, including car loans and leases. 

Cheap Car Installments In South Africa

BMW 1 2016, Automatic, 2 litres

Land Rover Range Rover Evoque 2014, Automatic, 2 litres

Hyundai i20 2019, Manual, 1.2 litres

Suzuki Swift 2021, Manual, 1.2 litres

Which province in South Africa has the cheapest cars?

During the time that this research was conducted, used car prices in the Western Cape were 0,6% less than the national average,

followed by Gauteng at 0,45% and Gauteng at 0,3%, lower than average.

What are the cheapest cars to maintain in South Africa?

Datsun Go – R63,310.

Renault Kwid – R66,707.

Ford Figo – R67,805.

How does car Installment work in South Africa?

The bank pays the dealer in full on your behalf, then you pay back the loan with interest in monthly instalments over an agreed term –

usually between 12 and 72 months, although it can be longer in certain cases. The longer the term of the loan, the more interest you will pay in total.