report shows that the sweet spot for vehicle financing in the country is between R200,000 and R300,000. Those who spend more than R600,000 are among a select few – 7%.
And increasingly, the budget required for a double cab bakkie in South Africa has increased amid higher demand, and better build quality and technology. Mercedes-Benz introduced the country to the first R1 million bakkie, which has since halted production, globally. It has become a collector’s item, and perhaps a future classic.
Most recently, Jeep launched its Gladiator pickup in South Africa in June at a cost of R1,259,900, making it the most expensive ‘bakkie’ in the country, but not without rivals at that price point.Note: Other common brands such as Mazda, Mitsubishi and Nissan even with all the added accessories do not reach above R900,000 in price.