{"id":671305,"date":"2023-03-12T13:30:35","date_gmt":"2023-03-12T11:30:35","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=671305"},"modified":"2023-03-12T14:41:20","modified_gmt":"2023-03-12T12:41:20","slug":"what-a-r8-million-car-looks-like-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/motoring\/671305\/what-a-r8-million-car-looks-like-in-south-africa\/","title":{"rendered":"What a R8 million car looks like in South Africa"},"content":{"rendered":"

Despite major economic headwinds facing most South Africans, several cars are on the market for millions of rand.<\/p>\n

South Africa’s domestic vehicle sales have shown a strong start to the year, with consumers purchasing 45,352<\/a> new vehicles in February 2023 – a 2.5% increase compared to the same period in 2022.<\/p>\n

Bakkies swept the podium for the best-selling cars, with the Toyota Hilux (3,335), Ford Ranger (1,806) and Isuzu D-Max (1,747) being the most sold cars in South Africa during February.<\/p>\n

Despite inflationary pressures and load shedding, the National Association of Automobile Manufacturers of South Africa (Naamsa) said that domestic vehicle sales would continue to grow.<\/p>\n

\u201cWhile momentum for the new vehicle market has been slow, it is forecasted that both domestic sales will grow by 6.3% and export sales will grow by 8.3% in 2023,\u201d Naamsa said.<\/p>\n

However, most of the best-selling cars in South Africa are under the price of R500,000, with only the seventh most-sold car in February, the Toyota Hi-Ace (R512,700), having a starting price of over half a million.<\/p>\n

The following list of cars is for the uber-wealthy in South Africa.<\/p>\n

For instance, the Lamborghini Huracan STO will set a South African motorist back over R8.2 million.<\/p>\n

Despite Naamsa expecting sales to increase, South Africans are not likely to purchase cars worth millions of rands, even if the country was not facing a recession.<\/p>\n

Luxury car dealerships often do not include prices for their higher-end models, as wealthy consumers will change certain features of the car. As a result, cars with a price on application (POA) were excluded from this list.<\/p>\n

Eight cars costing over R4 million are listed below (the most expensive model was chosen for each car featured):<\/p>\n

(Note: The list only includes cars with a base price, despite there being cars in South Africa that could cost more)<\/em><\/p>\n

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1. Lamborghini Huracan STO<\/strong><\/p>\n