AutoTrader’s recent report on South Africa’s used car market reveals some intriguing trends despite an overall 8.2% year-on-year decline in sales for August. However, there was a slight month-on-month growth of 1%, with 31,877 vehicles sold, totaling over R13 billion in revenue.
Toyota Dominates the Used Car Market
Toyota remains the leading brand in South Africa’s pre-owned vehicle market, followed by Volkswagen and Ford. However, the report highlighted Suzuki and Kia as standout performers, showing remarkable year-on-year growth. Suzuki sales surged by 40%, while Kia saw an 11% increase, positioning them as strong contenders despite market challenges.
What to Consider Before Buying a Used Car
Though the demand for used vehicles in South Africa is strong, Eugene Herbert, CEO of MasterDrive, advises buyers to be cautious. To avoid costly mistakes, here are eight critical factors to examine when purchasing a pre-owned vehicle:
Service History: A full, verifiable record of the car’s service is essential.
Mileage: Ensure the mileage aligns with the vehicle’s age and condition.
Vehicle Condition: Watch for signs of excessive wear and tear.
Accident History: Be aware of any past accidents that could impact the car's reliability.
Tyres: Worn-out tyres might suggest poor vehicle maintenance.
Brakes: Check for signs of wear to ensure they are functioning properly.
Suspension: Assess how well the car handles rough roads or bumps.
Electronics: Ensure that all electronics, such as lights and infotainment systems, are in good working condition.
By paying attention to these factors, buyers can make informed decisions and secure a safe, reliable used car.
Market Outlook
Though the market faces fluctuations, South Africans remain interested in used cars, with Toyota, Suzuki, and Kia leading the sales charge. Following these buying tips can help consumers make wise purchases in this dynamic market.
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