South Africa’s automobile industry is robust and key to national development. This sector contributes about 6% of the country’s GDP and accounts for almost 12% of manufacturing exports.Through this sector, 28,000 are directly employed, 65,000 in component manufacturing, 200,000 in retail and aftermarket and 6,600 in tyre manufacturing. One brand in the mix of all this is KIA.
KIA South Africa traces its roots to Korea where it’s considered to be the oldest manufacturer of motor vehicles. In South Africa, this brand has endeared itself to the masses by not only providing reliable vehicles but also providing purchasing and leasing opportunities.
KIA vehicle finance contract runs between 36 to 60 months and the lease runs between 24 to 39 months. Benefits of purchasing include worrying less about your cars condition, no limit on mileage, full ownership of your vehicle and factory warranty to cover major repairs. Lease payments are that payments are usually lower compared to purchasing, client has opportunity to drive a new car every two to three years and factory warranty to cover major repairs.
If a client finances the vehicle purchase, monthly payments will be determined by the vehicle price, amount of down payment, trade value, interest rate and length of term. If a vehicle is leased, customer only pays for the portion of the vehicle you use over the course of the lease. A lower down payment or nothing may be possible.
KIA can be contacted through various online platforms.