2019-11-29 by True Price
The results of the recent inaugural WesBank Fuel Economy Tour are in – so we know which vehicles are super economical. But how do those vehicles fare in the resale stakes?
According to Darryl Jacobson, managing director of True Price, motorists often consider fuel economy when buying a car. “It’s right up there, along with the purchase price, running costs, overall cost of ownership as well as service and maintenance costs. Most motorists simply forget to take resale value into account. This is a pity, given the fact that depreciation is the single biggest cost factor when it comes to vehicle ownership!” he contends.
So, which cars have both great fuel consumption and good resale value too? True Pr...
The Mercedes-Benz GLC is famous its comfort, the Audi Q5 is a benchmark when it comes to refinement, the Volvo XC60 is synonymous with safety, the Jaguar F-Pace is spacious and handles well while the BMW X3 is a technological wunderkind. But which of these mid-sized sport utility vehicles (SUVs) has the best resale value?
Toyota and Volkswagen are the two giants of the local motor industry; they dominate vehicle sales statistics and both brands are much loved by South African motorists. But which one has the best resale value?
South Africans have long had love affairs with German cars; they are perceived to be aspirational, luxury vehicles boasting superlative build quality. The three most popular German brands – namely BMW, Mercedes-Benz and Audi – all produce premium cars, with an upmarket image, magnificent engines, superbly crafted interiors and good safety features.
Sedans aren’t quite as popular as they used to be, with many motorists opting for sports utility vehicles (SUVs) instead. Having said this, fairly affordable sedans such as the Toyota Corolla, Hyundai Elantra, Suzuki Ciaz and Volkswagen Polo haven’t quite lost their lustre. But which of these sedans boasts the best resale value?
Hatches are much-loved cars in South Africa! And there is a plethora of fairly affordable hatches available on the market. But which one boasts the best resale value?
The world is in love with sports utility vehicles (SUVs)! Smaller SUVs or crossovers – such as the Hyundai Creta, Mazda CX-3, Ford EcoSport and Renault Captur – are proving that you don’t need to sacrifice luxury or style when “buying down”. But which of these sassy, stylish SUVs boasts the best resale value?
The Mercedes-Benz A-Class, BMW 1 Series and Audi A3 Sportback are all extremely competent premium hatchbacks, which all hail from Germany and are popular in South Africa. But which one has the best resale value?
Two entry-level cars are finding their ways into the hearts and driveways of South African motorists. They are the Renault Kwid and the Datsun Go. Both are affordable cars. However, when the time comes to sell, which will achieve the better resale value?
Each month there’s a ding-dong battle between South Africa’s two favourite cars: the Volkswagen Polo Vivo and the Volkswagen Polo. For the full 2018 calendar year, the Polo ruled the roost, outselling the Polo Vivo by some 2 471 units. The tables turned last month, with the Polo being pipped to the post by the Polo Vivo (the former notched up 1 887 sales, the latter 2 571). But which vehicle has the better resale value?
While the petrol price is set to drop by 95 cents a litre during July and diesel will drop by 75 cents, South Africans are still reeling from sky-high fuel prices. One way of dealing with this situation is by purchasing an economical car. But which vehicle is best?
True Price, the innovative start-up that is providing South African motorists with free vehicle evaluations, turns one this month (June 2019)!
Shopping for a used car in the R140 000 to R150 000 price range? Want something with relatively low mileage – say, 80 000 to 100 000 km? According to Darryl Jacobson, managing director of True Price, these are your eight best buys right now – because these vehicles have a relatively low resale value.
Korean cars are growing in terms of stature, quality and appeal. However South African motorists still prefer Japanese vehicles. This much has emerged after analysing the resale values of Korean versus Japanese cars. The data has been extrapolated from the vast records held by the innovative start-up, True Price. True Price has data pertaining to thousands of vehicles sold on bank repossession auctions on its system. This data is utilised to provide free vehicle evaluations to South African motorists.
The resale value of any vehicle – bakkies included – is significant when shopping for wheels. With bakkies, in fact, it is of massive importance – because companies often operate pick-up fleets. A bakkie buyer can literally lose tens of thousands of rands when the time comes to sell. Now, for the first time, it is possible to name the top 10 bakkies in the land – when it comes to resale values.
When shopping for any vehicle, it’s vital to consider resale value. This should be your single-most important buying criterion! The challenge, however, has always been to establish which vehicle fares best in this regard. Now, for the first time, the sports utility vehicles (SUVs) with the best resale value can be revealed!
Do you want to buy a car with an outstanding resale value? You will be very surprised to see which cars perform best in the resale stakes in South Africa … The best car in the country – in terms of resale value – is the Renault Kwid! This has been revealed by Darryl Jacobson, managing director of True Price, who adds that many of the cars with terrific resale values may well come as a surprise.
South Africans – contending with load shedding, rising fuel prices, higher inflation and a looming downgrade in the country's credit rating – are taking strain like never before. But Darryl Jacobson, managing director of True Price, says that there is a glimmer of hope on the horizon: it’s a buyer’s market for those South Africans who are shopping for cars and there are some superb deals up for grabs.
Vehicle resale is one of the most important aspects to consider when buying a car. But one question has never been answered before: which car holds its value better? Manual or automatic?
Load shedding is having a devastating effect on vehicle auctioneers. That's according to Darryl Jacobson, managing director of True Price. He says that attendance figures at vehicle auctions have tumbled while bidding is at an all-time low. "I have been in the vehicle auctioneering game for 30 years now. I've never seen anything like it. Vehicle auctioneers are reeling from the impact of load shedding, which has been quite devastating for the sector," he reveals.
True Price, the innovative start-up that offers free vehicle evaluations to South African motorists, has added another string to its bow of product offerings: tracking and vehicle recovery.
The first school term for 2019 is about to commence. And so too will vehicle shopping for some soccer moms. But which car on a soccer mom’s shopping list has the best resale value? True Price’s answer to this question will surprise most industry observers …
Follow these tips and keep the woe, woe out of your ho, ho when buying a car this festive season! The famous Mariah Carey song – “All I Want For Christmas Is You” – is hitting the airwaves, as it always does at this time of the year. But what if all you want for Christmas is a car? Here are the five most important things that you need to know when shopping for wheels over the festive season:
The Toyota Corolla, Volkswagen Golf and Ford Focus are perennial top sellers within the C-Segment hatch/sedan sector of the South African car market. But there is only one car that consistently boasts the best resale value – and it’s the Corolla.
The Kia Rio and Hyundai i20 are two of the most popular hatches in South Africa. They often give vehicles such as the Volkswagen Polo and Ford Fiesta a run for their money in the hotly-contested so-called B segment of the motor industry. Kia and Hyundai also have the same parent company. But, perhaps surprisingly, the Kia Rio has a better resale value in South Africa.
BREAKING NEWS: Financing is available for private purchases Motorists can also refinance their paid-up vehicles True Price, the innovative start-up that provides free vehicle evaluations, is branching into the field of vehicle finance! It has entered into a joint venture (JV) with Auction Finance, and will be offering a range of financing and refinancing options.
In South Africa, the Germans rule the luxury sedan car sector. The most popular models – by far – are the Mercedes-Benz C-Class, BMW 3 Series and Audi A4. Each car enjoys a loyal and somewhat passionate following. But which one has the best resale value?
Thousands of South African motorists are either over or under insured! This dire warning comes from Darryl Jacobson, managing director of True Price.
The Toyota Hilux and Ford Ranger – the two most popular vehicles in South Africa by far – have long had a ding-dong battle in the market share stakes. Some motorists swear that the Hilux is a better bakkie. Others are die-hard Ford fans. But now, for the first time ever, we can reveal which bakkie is the best ... in the resale stakes anyway.
One of the single-most important considerations when purchasing a car is resale value; this is massively significant when it comes to calculating the cost of ownership. Now, for the first time, True Price has revealed which entry-level cars hold their value. The statistics are based on actual prices achieved on auction.
True Price, the innovative startup that launched in South Africa earlier this year, has gathered some fascinating data pertaining to private motorists in South Africa, what they’re driving and when they’re selling their cars.
Massive Demand For True Price Sees Website Swamped With Enquiries! Darryl Jacobson, managing director of True Price, says he has been absolutely amazed at the reaction to the launch on June 1. “Honestly, we knew that True Price had an important role to play within the South African motor industry."
True Price, a world first, launches in South Africa on June 1. It offers motorists a precise and realistic evaluation of the value of their vehicle. The prices are based on data garnered at thousands of vehicle auctions. Significantly, these evaluations are available FREE OF CHARGE to motorists.
Jaguar Land Rover is leading a £4.7 million (approximately R79 million) project to develop self-driving cars that can "see" at blind junctions and through obstacles.
I’ve been a South African Car of the Year judge since pa fell off the bus. There have been some unpopular winners in previous years – the Nissan Maxima (remember it?) was one, the Opel Monza (some judges called it the Opel Monster) was another.
For some reason, the Peugeot brand hasn't quite captured the imagination of the South African public. Whereas the old – very old – 404s and 504s had an unenviable reputation for Africa-beating reliability and go-anywhere ability, the re-emerged brand hasn't established itself in the psyche of the public quite so successfully
No, the headline is not a mistake. I know that this is a brave, bold statement (some would say it's daft). But I can assure you that I know which car will win the 2019 WesBank South African Car of the Year (COTY) competition: the new Volkswagen Polo.
Jaguar Land Rover and ClimateCare announced a partnership in May to bring clean solar technology to 1,2 million people in off-grid communities in Kenya.