These are all the cars you can by for around R1 million in South Africa right now.
Being able to afford a vehicle with a price tag of R1 million will remain a dream for many, but if you’re one of the lucky few, this will allow you the prestige of owning several luxury cars offered by BMW, Mercedes-Benz, Volvo, and Lexus – among others.Alongside the prestige factor, luxury cars are also known for their quality and performance. Luxury car brands are synonymous with high-quality materials, advanced technology, and superior craftsmanship.
However, to afford any of the cars on this list is no small feat, requiring the buyer to earn at least over three times the average salary in South Africa, which currently stands at R24,813. The abovementioned interest rate follows a recent rate hike by the South African Reserve Bank in January, taking the prime rate from 10.5% to 10.75%.
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