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• Automakers are offering deals on new vehicles this Black Friday.
• The biggest discount is a saving of R327 374.
• The 2020 Black Friday savings exceeds the previous year by 10%.
• For more motorsports stories, visit www.Wheels24.co.za
The auto industry will do its best this Black Friday, offering car shoppers savings of up to R327 374 on a single car!
This Black Friday’s car savings will match those of 2019, when in-market car buyers also enjoyed impressive discounts. In fact, the average price of a car offered on Black Friday has gone from R580 856 in 2019 to R524 763 in 2020, giving buyers an additional average savings of -10%.
These statistics are courtesy of AutoTrader. As the largest digital auto market in South Africa, AutoTrader provides unparalleled insight into car buying patterns in the country.
According to George Mienie, CEO of AutoTrader, the auto industry seems to be doing everything it can to offer good deals to car buyers.
He said: “The national lockdown has meant that 2020 has been a challenging year for the industry and consumers alike. For example, new car sales are down 32.5% so far this year (as of the end of October) But 2020 has not been without some positives, and Black Friday is certainly one of them. There was some concern that with declining new car sales, there could be fewer trade-ins and therefore Less used car stock. This certainly hasn’t materialized. Stocks are plentiful. So are the great deals this Black Friday. “
Buying a new car
Discounts in all areas
While discounts are offered across the board, the biggest savings can be experienced on luxury models. For example, the R327 374 savings are offered on a 2020 Range Rover Sport SVR. This deal represents the highest savings on a sports utility vehicle (SUV) this Black Friday. There’s also a 2020 Jaguar F-Type Coupe P380 R-Dynamic Auto up for grabs with a savings of R307 273. It’s the coupe offering the biggest savings this Black Friday.
The F-Type is just one of several spectacular sports cars being offered at drastically reduced prices this Black Friday. Other examples include a 2018 BMW M5 (savings of R251,000) and a 2020 Ford Mustang 2.3T Fastback (savings of R180,000). The M5 represents the saloon with the highest savings this Black Friday.
READ: Buying a car during a pandemic – Joburg car dealership offers virtual test drives
It’s also interesting to see that substantial discounts are offered on “near-new” cars (those with a 2019 registration year). An example is a 2019 Mercedes-AMG C-Class C43 4Matic, which has had its price reduced by R 150,000.
It’s not just luxury cars on offer this Black Friday. For example, there is a 2020 Polo Hatch 1.0TSI Comfortline Hatchback listed at a substantial savings of R45 100.
The biggest savings on a Double Cab this Black Friday is R150,000 (on a 2020 Nissan Navara 2.3D Double Cab Stealth Auto). The hatchback offering the best deal is a 2020 Mercedes-Benz A45 S Hatch 4Matic Plus (discounted by R50,000) and a 2020 Isuzu D-Max 250C Fleetside, priced down by R25,000, representing the greater savings in a single vehicle. cab.
2020 Mercedes-AMG C43 4Matic
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