These second-hand cars sell for more than you can buy them new

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These second-hand cars sell for more than you can buy them new
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MyBroadband compared the second-hand and new prices of a range of the most popular vehicle models in South Africa.

As vehicle manufacturers struggle to meet the demand to fulfil orders, the prices of second-hand cars have skyrocketed, and in some cases, are selling for more used than new.

According to TopAuto’s latest report, the most popular cars in South Africa include the Toyota Hilux, Ford Ranger, Volkswagen Polo Vivo, Suzuki Swift, Haval Jolion, and Mahindra Pik Up. We only considered the top five most-expensive second-hand car listings on Autotrader’s platform that matched the above criteria to calculate averaging prices and mileage.

The average price of the Toyota Hilux 2.4 GD6 manual double-cab calculated in our comparison is R586,458 — almost R19,000 more than Toyota’s price tag of R567,600.It is a similar story for the Ford Ranger XLT 2.0-diesel single-turbo double-cab bakkie. According to Ford’s website, the price for the vehicle starts at R626,700.The models considered were all delivered in 2022 and had an average mileage of 11,780km.

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