SOUTH AFRICANS HAPPY TO IN­VEST IN PRE-OWNED VE­HI­CLES

Toyota Connect/Lexus Life - - ON THE MOVE -

Re­search con­ducted by Gumtree SA has found that in 2017, twice as many used ve­hi­cles were sold as new ones. Jeff Os­borne, Head of Au­to­mo­tive for Gumtree SA, said that sev­eral fac­tors have in­flu­enced this trend, in­clud­ing a tough econ­omy, the growth of on­line plat­forms that en­able the buy­ing and sell­ing of pre-owned cars, im­proved war­ranties and ser­vice plans on pre­owned ve­hi­cles from deal­er­ships and bet­ter avail­abil­ity of fi­nanc­ing. He adds that hatch­backs make up 34% of their listings, with Toy­ota one of the most preva­lent brands in the cat­e­gory.

This trend was also ev­i­dent in the re­sults of Gumtree’s first Pre-owned Car Awards, held in Novem­ber last year, which as­sessed 2015 mod­els in 10 dif­fer­ent cat­e­gories, look­ing at value, re­li­a­bil­ity and rea­son­able main­te­nance costs.

In the SUV Un­der R325 000 cat­e­gory, the 2015 Toy­ota RAV4 2,0 GX took top spot, with the Peo­ple’s Choice Award go­ing to the 2015 Toy­ota For­tuner

2,5 D-4D.

“I think many peo­ple have lost some of the sta­tus im­per­a­tive about new cars and are less self-con­scious about pre-owned. They want to make a smart choice,” says Os­borne.

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