Looking for a reliable, budget-friendly car? Whether you need a fuel-efficient hatchback, a spacious sedan, or a versatile SUV, there are plenty of great options available for cars under R300,000. At Group1 Cars, we offer a wide selection of used cars under 300000 and SUVs under R300 000, ensuring quality, value, and peace of mind. Explore our latest deals today and drive away in a vehicle that suits your lifestyle and budget.
FUN FACT! Many financial experts consider this price range to be a sweet spot when buying a car. It allows buyers to access vehicles with modern safety and technology features, often with low mileage, without taking the depreciation hit that brand-new cars experience. Cars in this range also tend to have better resale value, making them a smart financial choice.
Shopping for a car under R300,000 means you get excellent value for money without compromising on features. Many of the best cars under R300 000 come with modern safety technology, fuel efficiency, and low maintenance costs. Plus, with flexible financing options, buying a used car under 300000 is easier than ever. Whether you’re looking for a nearly new model with low mileage or a well-maintained older car, this price range offers plenty of smart choices.
DID YOU KNOW? If you’re looking to finance a car under R300,000, your estimated monthly repayment will depend on your deposit and interest rate. Here’s a breakdown of projected repayments on a car priced at R300,000, assuming a 10% interest rate over five years (60 months):
Putting down a larger deposit reduces your monthly installments and the total interest paid over the loan period, making it a great strategy for long-term savings.
There are many sought-after cars available in this budget. Here are some of the top picks, including models currently available at Group1 Cars:
Browse our latest cars for R300 000 HERE.
If you’re after an SUV, there are plenty of SUV cars under R300 000 that provide space, comfort, and safety. Here are some standout options:
If performance is your priority, there are sporty hatchbacks and sedans that deliver an exciting drive without breaking the bank. Some top choices include:
DID YOU KNOW? South Africa’s second-hand car market is growing rapidly, with more buyers opting for quality pre-owned vehicles due to rising new car prices. Buying a used car under R300,000 allows drivers to access higher-spec models with premium features that might be out of budget when buying new.
At Group1 Cars, we make it easy to find a quality used car under 300000. Our vehicles go through rigorous quality inspections, and we offer financing solutions to help you get behind the wheel. With dealerships across South Africa and a reputation for trusted service, you can buy with confidence.
Ready to find your next car? Explore our latest stock of affordable cars and SUVs under R300 000 and book a test drive today. Whether you’re looking for fuel efficiency, performance, or family-friendly features, we’ve got the right car for you. Get in touch via the contact form on this page or call our team directly at a branch near you.
Disclaimer: The above repayment estimates are for illustrative purposes only and may vary based on factors such as the actual interest rate offered, credit profile, loan term, and any additional fees charged by the lender. It’s advisable to consult with a finance expert or your bank to get an accurate repayment calculation tailored to your financial situation.