12 Apr How much it costs to drive South Africa’s most popular cars right now
The new vehicle market’s performance continued to exceed expectations during the month of March, says the National Association of Automobile Manufacturers of South Africa.
The aggregate domestic new vehicle sales in March 2022, at 50,607 units, represented the highest total monthly sales since pre-pandemic October 2019 sales.
Toyota as a manufacturer sold the most vehicles locally in March with 15,008 units, significantly higher than Volkswagen Group SA in second with 6,433 units, followed by Hyundai Automotive with 3,816 units.
A temporary reduction in the general fuel levy by R1.50 per litre from 6 April to 31 May 2022, announced by finance minister Godongwana has provided relief for motorists and has been welcomed by the market, said Naamsa.
This is how the petrol price has changed and is expected to be reflected:
|Fuel (Inland)||March official||April official|
|0.05% diesel (wholesale)||R19.49||R21.01|
|0.005% diesel (wholesale)||R19.55||R21.24|
The finance minister stressed that once the emergency interventions lapse at the end of May, a full review of the basic fuel price, which was previously mooted by the minister, will take place. Below is a table that details how much it roughly costs to fill a tank of various sizes, in April:
|Tank size||93 unleaded||95 unleaded||0.05% diesel|
|60 litres||R1 297||R1 317||R1 261|
|80 litres||R 1730||R1 756||R1 680|
Naamsa said that the positivity in the new vehicle market performance during March 2022 could be attributed to pent up demand aligned with the increasing normalising of business conditions as well as new model choices in the domestic market. It noted that despite the decline in vehicle exports during March, prospects for 2022 remain optimistic on the back of further new locally manufactured model introductions during the year.
Despite the positivity, Naamsa cautioned that 2022 is expected to bring escalating inflation risks, ongoing record fuel prices, low and stagnant economic growth and a rising interest rate cycle.
Below are the top-selling new vehicles in the country right now and how much it costs to drive them:
Toyota Hilux 2.7 Double Cab S – From R479,200
- 4 561 units sold
Toyota Corolla Cross 1.8 Xi – From R360,400
- 2 384 units sold
Volkswagen Polo Vivo Hatch 1.4 Trendline – From R235,000
- 2 117 units sold
Toyota Hiace 2.7 Ses-fikile 16-seater – From R497,800
- 1 675 units sold
Volkswagen Polo Hatch 1.0TSI – From R315,000
- 1 430 units
Isuzu D-Max 250 double cab – From R424,900
- 1 378 units
Nissan NP200 1.6i Safety Pack – From R203,900
- 1 327 units sold
Toyota Starlet 1.4 Xi – From R225,200
- 1 243 units
Toyota Urban Cruiser 1.5 Xi – From R272,200
- 1 196 units sold
Suzuki Swift 1.2 GA – From R184,900
- 1 118 units sold
*Indicates a car has a diesel engine.
All prices are estimates and are based on the manufacturer’s average fuel consumption per/100km.
In each case, the manufacturer’s least expensive double-cab model was considered. 95 octane (R21.96) and 0.05% diesel price (R21.01) as of March 2022 were used for comparison purposes.
Article sourced from ByteSytes: https://shavatv.co.za/auto/how-much-it-costs-to-drive-south-africas-most-popular-cars-right-now-2/