In such a difficult economic situation, South African car buyers are desperate to find good value, and the used car market is in high demand for high quality and affordable cars.
Major motor platforms Cars.co.za Fuel-efficient cars, priced just below the R290,000 first registered between 2016 and 2019, show that they are the most popular cars on the site.
Hannes Oosthuizen, Consumer Experience Manager at Cars.co.za, said:
A more detailed analysis of the number of headlines of vehicles first registered between 2016 and 2019 shows users of used cars first registered in 2017 and priced from R200,000 to R300,000. You can see that the inquiries from are occupying the majority of the read volume.
The group said that 24.4% of the leads for vehicles first registered between 2016 and 2019 are from that price range.
It’s only natural to find that the parentheses “R150,000 to R200,000” and “R300,000 to R400,000” are the next largest. For vehicles of this particular age (2016-2019 models), nearly 60% of the leads fall into the R150,000-R400,000 price range, “said Oosthuizen.
31.8% of reeds are for vehicles with mileage of 10,000 to 50,000 km, and the overwhelming majority (81.4%) of all reeds in these categories are for vehicles with mileage of less than 100,000 km. He said.
Top 10 Most Popular Cars on Cars.co.za
Based on the lead volume over the last 90 days, the most requested vehicles on Cars.co.za (with unlimited price and mileage) are:
- Volkswagen Polo
- Toyota Hilux
- Ford Ranger
- Volkswagen Polo Vivo
- Mercedes Benz C Class
- BMW 3 Series
- Nissan NP200
- Volkswagen Golf
- Toyota Fortuner
- Ford EcoSport
Impact of new car market
Inventory problems caused by several factors, including rising new car prices, the economic impact of repeated Covid-19 blockades, and an international semiconductor shortage, are all putting great pressure on the new car market. “All these factors have a combined impact on the used car market,” said Oosthuizen.
“First, new car prices have skyrocketed over the past year, and in some cases have more than doubled the country’s official CPI inflation rate. This alone has led some buyers to buy the next car in the second-hand market. You will be forced to buy it.
“As a result, new car sales will decline, ultimately putting pressure on used car inventories, while increasing demand for high-quality used cars combined with lower inventories will inevitably put used car prices down. Will rise. “
Top 10 Best Value Buy
The group used the results of previous iterations of the Cars.co.za Consumer Awards provided by WesBank to rank the performance of various brands in terms of after-sales support, reliability, and other criteria.
“By combining that data with Cars.co.za’s inventory status and price, we were able to identify the 10 best buys in the used car market today,” said Oosthuizen. “Of course, the biggest challenge is to find a reputable branded vehicle that is affordable and has a relatively short mileage.”
Within 5 years, if you buy a vehicle with a mileage of less than 100,000 km and a price of R200,000-R300,000, the Cars.co.za editorial team will suggest the following vehicles:
Most South Africans are currently buying these types of private cars, so the focus is on vehicles in the B / C segment hatch, C / D segment crossover / SUV, and double cab bucky categories.
- Volkswagen Polo 1.0 TSI Comfort Line Auto
- Ford Ranger 2.2 TDCiXL Double Cab
- BMW 320i (previous generation)
- Volkswagen Golf 1.4 TSI Comfort Line
- Isuzu KB250D-Teq Double Cab High Rider
- Hyundai Tucson 2.0 Premium Auto
- Mazda CX-52.0 Active Auto
- Nissan Qashqai 1.2T Ascenta Auto
- Toyota RAV4 2.0 GX Auto (previous generation)
- Suzuki Vitara 1.6GL + Auto
These are the most popular used cars in South Africa and how much they will cost
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