These are the top ten most popular imported cars among South African motorists.
Naamsa has revealed the top ten most popular imported cars among South African motorists, and it’s no surprise that the best-selling vehicle is an affordable hatchback – the Suzuki Swift.
“The fact that there are now two consecutive months of strain, September seemingly bigger than August, provides some measure of concern for new vehicle sales,” said Lebo Gaoaketse, Head of Marketing and Communication at WesBank. This is unsurprising given the rising cost of living – noted in new car sales – as well as TransUnion’s latest Vehicle Pricing Index , which showed prices for new vehicles are outstripping inflation.Although this is already slightly above inflation , TransUnion noted that this is forecasted to increase further in the upcoming months.
“The average loan size for Q2 2023 increased from R370,000 to R390,000 YoY, reflecting shifts in both new and used vehicle pricing and changes in buying preferences. In the search for value, consumers have turned to SUVs — which make up more than 30% of new and used financed vehicles.Sales data from Naamsa indicates that Suzuki’s small hatchback is the most imported vehicle in South Africa, with over 13,000 units brought in so far this year.
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