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CRA Motoring & Personal Finance – South Africa
By Kirsten Jacobs
Visit CRA’s blog page for more relevant articles.
Car-buying patterns have changed considerably amid the COVID-19 pandemic. Searches for second-hand cars under R50k shot up by almost 300% during lockdown level 1, compared to pre-lockdown days.
Searches for cars priced at R100k and less, and R200k and less have since become popular after lockdown levels eased, George Mienie, CEO of Autotrader told IOL.
“We are seeing a return to pre-lockdown activity, where searches for cars R100k and less, or R200k and less, are becoming more popular again. Sub-R50 000 searches decreased by 40% this week while R100k searches increased by 22% and R200K searches increased by a whopping 51%.”
However, while it is the third most searched, the R200 000-R300 000 price range is the most shopped in price point for cars, according to the 2020 AutoTrader Car Industry Report.
AutoTrader data on the most listed cars on their site for the month of October 2020 reveal the most popular cars listed in this price range. The data split cars up into categories based on their body types.
Here are the most popular cars under R300 000 in each category:
HATCHBACKS
– Volkswagen Polo – Average price R246,214
– Volkswagen Polo Vivo – Average price R229 264
– Toyota Yaris – Average price R227 322
– Ford Fiesta – Average price R252 834
– Volkswagen Golf – Average price R252 460
SEDANS
– BMX 3 Series – Average price R260 555
– Mercedes-Benz C-Class – Average price R263 575
– Toyota Corolla Quest – Average price R239 046
– Hyundai Accent – Average price R216 655
– Toyota Corolla – Average price R247 991
SPORT UTILITY VEHICLES (SUVS)
– Ford EcoSport – Average price R255 833
– Toyota Fortuner – Average price R251 356
– Nissan X-Trail – Average price R255 215
– Nissan Qashqai – Average price R252 856
– Toyota RAV4 – Average price R257 263
SINGLE CABS
– Toyota Hilux – Average price R249 860
– Ford Ranger – Average price R242 310
– Isuzu D-Max – Average price R273 304
– Nissan NP300 Hardbody – Average price R248 050
– Nissan NP200 – Average price R220 503
DOUBLE CABS
– Ford Ranger – Average price R264 186
– Toyota Hilux – Average price R255 398
– Isuzu KB – Average price R259 050
– Volkswagen Amarok – Average price R264 655
– Nissan NP300 Hardbody – Average price R241 653
COUPÉS
– Mercedez-Benz C-Class – Average price R261 062
– BMW 2 Series – Average priceR279 910
– Audi A5- Average price R256 162
– Toyota 86 – Average price R236 862
– Mercedes-Benz E-Class – Average price R265 401
2020 AutoTrader Car Industry Report reveals that the Ford Ranger was South Africa’s most sold used car between July 2019 to June 2020, covering 4.7% of all cars sold.
Article Credit To Woman On Wheels.
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