Three rising stars in the used car market

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Three rising stars in the used car market
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While some cars – the Toyota Hilux, Volkswagen Polo and Ford Ranger, for instance – are South African favourites, others are climbing the ranks. Which cars are they, and why are consumers more likely to buy them?

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First and foremost, the reason is affordability. We’re seeing global year-on-year inflation breaching highs last seen during the energy crises of the 1970s whileCoupled with this, interest rates are rising.

This means a tightening of belts, and these three vehicles are particularly pocket pleasing. The little Kia is the most affordable of the three; it is listed on AutoTrader for an average price of R170,435, with an average mileage of 41,054km and average year of registration of 2019. The Fiesta is only slightly more expensive . Even the Corolla is quite affordable.

In a tough economic climate, such as the one facing South Africans, many motorists are wisely opting for a brand associated with quality. This is in keeping with global trends., other than Japan , consumers rely on a perception of product quality when making a purchase decision, and for SA consumers, who are voting with their wallets, is likely the reason why the aforementioned models are climbing the ranks.

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