This is how much the ‘average Joe’ South African pays for a new and used car

[BusinessTech]

This is how much the ‘average Joe’ South African pays for a new and used car

Data by vehicle finance firm, WesBank, shows how much the average South African is willing to pay for a new and used car.

 

[Kosmik]

Yah, thats too much.

 

[Messugga]

I wonder what percentage of deals have residuals.
People spend waaaay too much on cars.

 

[Chevron]

Expected those numbers to be a little less. Especially for the used vehicles.

 

[Stokstert]

My last new purchase was a 1990 Jetta Csi for R42000 and still running like a dream without any hitches.

 

[Nod]

Even the US is facing a problem with car prices becoming too high: http://gulfnews.com/business/sectors/retail/cars-are-getting-too-expensive-for-us-buyers-1.1857173