Here is a selection of new vehicles you can buy at the start of 2023, depending on your gross monthly income.
The prices of new cars have increased substantially in South Africa, potentially shifting the number of new car options available to you depending on your salary.
According to the report, the price of new vehicles, on average, increased by 6.7% in Q2 2023 – beating inflation by 1.3%, which was recorded at 5.4% in June 2023. Concerningly, hatchbacks – a segment that offers the most affordable options among car brands – saw the steepest price increases year-on-year.
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