CRA Personal Finance & Motoring News
We discuss the most affordable cars to own in South Africa as published by the Automobile Association of South Africa in its inaugural spare parts pricing guide.
The AA’s new spare parts pricing guide outline how much it costs to operate and repair some of South Africa’s most popular vehicles.
The guide covers parts pricing for service parts, maintenance parts and body repair parts. In total, 63 vehicles are included in the guide, covering the following categories:
- Entry-level vehicles;
- Budget vehicles;
- Compact family vehicles;
- Family SUVs;
- Executive SUVs;
- Luxury SUVs;
- Adventure 4×4 vehicles;
- LCV single cab vehicles;
- LCV leisure double cab vehicles;
- Electric cars.
“After careful consideration of the parts needed across these three sub-categories, we identified a number of common parts which consumers may need to consider over the lifetime of their vehicles,” the AA said.
“Based on this, we collected pricing from dealerships in Gauteng to ensure fairness in the comparisons across each of the different categories of vehicles we selected. In terms of the vehicles themselves, we looked at popular and where possible, similarly priced models in each category.”
Items in the service parts basket include:
- Air filter;
- Oil filter;
- Pollen filter;
- Spark plug (set);
- Glow plug (set);
- Wiper blades (set);
- Front brake pads (set);
- Rear brake pads (set).
Items in the maintenance parts basket include:
- Cambelt/timing chain;
- Front brake discs (2);
- Rear brake discs (2);
- Front shock absorber (2);
- Rear shock absorber (2);
Lowest rand value of total parts basket per category
As a yardstick, the lowest potential cost of ownership of the vehicles surveyed in each category is listed below.
This is based on the cumulative rand values of the service parts, the maintenance parts, and the body repair parts. It must be noted that the retail price of some vehicles may already include a limited number of services and a selection of service and/or maintenance parts.
|Entry-Level vehicles||Datsun Go||R74 024.80|
|Budget vehicles||Ford Figo 1.5 Titanium||R53 254.55|
|Compact Family vehicles||Mazda CX3||R131 920.18|
|Family SUVs||Honda CR-V||R171 790.57|
|Executive SUVs||Alfa Romeo Stelvio||R179 210.39|
|Luxury SUVs||Range Rover Sport||R367 410.19|
|Adventure 4×4 vehicles||Ford Everest 2.0 BiT XLT||R117 037.19|
|LCV Single Cab vehicles||Isuzu D-MAX||R79 038.56|
|LCV Leisure Double Cab vehicles||Ford Ranger 2.0SiT XLT||R96 083.00|
Lowest rand value of service parts basket per category
Electric cars have been assessed as they are critical for the future of mobility. As it is still too early to determine exactly what parts will be needed over the lifetime of the vehicles, a selection of parts is listed for reference purposes.
Based purely on the service parts selected, the following vehicles provide the lowest parts basket cost:
|Entry-Level vehicles||Renault Kwid 1.0 Dynamique||R4,085.84|
|Budget vehicles||Ford Figo 1.5 Titanium||R3,347.78|
|Compact Family vehicles||Peugeot 1.2 Active||R6,011.94|
|Family SUVs||Toyota Rav 4||R6,183.32|
|Executive SUVs||Alfa Romeo Stelvio||R9,538.53|
|Luxury SUVs||Lexus RX||R10,504.97|
|Adventure 4×4 vehicles||Isuzu mu-X||R7,444.50|
|LCV Single Cab vehicles||Ford Ranger 2.2TDCi||R5,747.30|
|LCV Leisure Double Cab vehicles||Ford Ranger 2.0SiT XLT||R5,134.09|
|Electric Cars||BMW i3||R11,806.33|
“The AA Spare Parts Pricing Guide is important to research consumers must be made aware of,” the AA said. “Buyers often don’t consider the potential lifetime costs of vehicles at the time of purchase, and budgeting for these expenses is critical.
“Our research shows that more and more people are keeping their vehicles for longer due to prevailing economic conditions and personal financial circumstances; the information in our Guide is a critical component of proper research as part of buying a new or second-hand vehicle.”
Article Credit to BusinessTech Motoring.
Does affordability play a big role when you shop for a new vehicle and do you think it’s the same for most South Africans? Let us know in the comments below. Also, if you found our content informative, do like it and share it with your friends.
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