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What it costs to drive South Africa's most popular cars

What it costs to drive South Africa's most popular vehicles – and things are about to get a lot more expensive


The Automobile Association (AA) of South Africa has warned of a 'catastrophic' increase in petrol prices in November, citing Central Energy Fund mid-month data (CEF).

According to the data, both petrol and diesel prices are under-recovering, implying a possible increase of 95 to 98 cents per litre for petrol and more than R1.40 per litre for diesel.

"The increases in diesel and illuminating paraffin would be the largest in South African history, bearing in mind that this is only half a month's worth of data." "R20 per litre for petrol is now a realistic scenario before the end of 2021," according to the AA.

Brent Crude has surpassed the $85 per barrel mark, and the basket of oil prices used to calculate South Africa's oil price has risen in tandem.

The AA stated that it does not expect the oil price squeeze to ease in the near term, especially as the northern hemisphere enters its winter season.

"The under-recovery to date this month has been vast, and we believe the government will have no choice but to increase the Slate Levy to recover this deficit, resulting in a larger hike."


"South Africans are paying at the pumps for poor governance, as one of the key indicators of fuel price depends on the exchange rate," according to the AA.

Another increase in the price of gasoline would be bad news for consumers who are already dealing with record-high fuel prices and rising living costs.

While it is impossible to accurately track how much petrol you will consume due to traffic and road quality, based on manufacturer estimates, you can get a rough estimate of how these petrol prices will impact your current petrol allowance.


Let's examines how much it now costs to travel 100 kilometers on South African roads in some of the country's best-selling vehicles.


Renault Kwid 1.0 Expression – R167,900

4.7 litres/100km

R86.15/100km


Volkswagen Polo Vivo hatch 1.4 Trendline – R227,900

5.7 litres/100km

R104.48/100km


Toyota Corolla Quest 1.8 Plus – R286,800

7 litres/100km

R128.31/100km


Ford EcoSport 1.5 Ambiente – R303,900

6.4 litres/100km

R117.31/100km


Ford Ranger 2.2TDCi double cab Hi-Rider – R411,800

6.5/100km*

R102.18/100km


Toyota Hilux 2.4GD-6 Xtra cab Raider – R486,700

7.1 litres/100km

R111.61/100km


Toyota Fortuner 2.4GD-6 – R599,000

6.8 litres/100km*

R106.90/100km


All prices are estimates based on the manufacturer's average fuel consumption per 100 kilometers.


End...


By UpdatedDaily


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Source

BusinessTech

Content created and supplied by: UpdatedDaily (via Opera News )

AA Automobile Association Brent Crude Central Energy Fund South Africa

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