The Ford Figo won't break the bank if you are shopping for a used car on a budget. Picture: Ford
While new vehicle prices grow faster than the average salary increase, there are still plenty of decent pre-owned cars available for buyers on a tight budget.
Hatchbacks offer the most value and based on AutoTrader used car sales data for the first seven months of 2024, The Citizen Motoring takes a look at the most popular pre-owned models at under R100 000.
With an average selling price of R83 302 and registration age of 11 years, the Ford Figo tops the list. Average mileage was 134 071, while the now discontinued hatch has a rand per kilometre cost of R0.62.
“With the cost of living soaring, many South Africans are feeling the pinch in all aspects, including purchasing a car. But our used car sales data shows us that many appealing used hatchbacks can be found for less than R100 000,” said George Mienie AutoTrader CEO.
“In the case of the top 10 best-selling hatches under this price limit, all vehicles boast a monthly repayment of less than R2 000. And a maximum average Rand per kilometre cost of R1.06. This makes them ideal for young drivers and those watching their budgets.”
ALSO READ: Mastering manual shifting made easy in the Ford Figo Freestyle
The Ford Fiesta, which went out of production last year, also features on the list, albeit slightly older with an average age of registration that is 13 years old. At 141 064km average mileage was also, but with the price being slightly lower than the Ford Figo at R82 870.
No list of local hatchbacks can be complete with the ever-popular VW Polo and Polo Vivo. The classy hatchbacks are likely to be from an older generation, with an average registration age of 15 and 11 years respectively.
Like the Ford Figo and Fiesta and VW Polo and Polo Vivo, Renault also has two entries in the Kwid and Sandero.
ALSO READ: Don’t expect a new Ford Figo or EcoSport soon
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