Are we paying too much for cars in SA?
Nada says it is unfair to say pre-owned retailers have been taking advantage of pandemic-related stock supply shortages in their pricing markups
18 May 2022 - 16:17
“New cars are too expensive,” is a sentiment you are likely to hear whenever pricing for a new model is announced in SA.
A March 1994 edition of Top Car magazine listed the cheapest Volkswagen, a Citi 1.3 Shuttle, at R35,032. According to an online inflation calculator, this is equivalent to about R239,346 in 2022. The least expensive offering sold by the German carmaker today is the Polo Vivo, priced from R235,200 (1.4 Trendline)...
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.