What initially started as a funny thread about the possibility of a car for R150 a month, has now become a startlingly fresh perspective of financial best practice.
With many South Africans taking the mickey out of the car for aesthetic reasons, some are thinking about the business possibilities, making owning a vehicle for the first time more than affordable for lower-income South Africans and the lowest installments on a vehicle.
I think this car ye R150 per month can be good for business purposes take a look at the guys who do food deliveries using this car,they making good money. You can use it for food deliveries or collecting people who do shopping at mall without transportation.. think about it pic.twitter.com/ankj4Kf3Hn
— NollyNolz (@NollyNo32359412) April 15, 2021
The social media posts about the retail price and installments of the vehicle are actually inacurrate, the Bajaj Qute retails at R75 000 and is available in Madagascar, Mozambique, and South Africa.
We’re not sure where or how the hashtag, #CarForR150 a month started but it is definitely misleading in terms of how much the vehicle costs.
Marketed as an eco-friendly, fuel-efficient, and economically competitive vehicle for first and last-mile transportation, the model is pushed as a safe and affordable mode of transport for the commuter and provides employment for drivers and fleet owners.
UPDATE: The quadricycle raises many safety concerns. Classified as a quadricycle, the entry-level ‘trender’ scored a dismal 1-star rating in the Euro NCAP crash-test.
Watched a few reviews of that Chipi car ye R150 per month. So the Indians, leaders in the cheap transportation market took a Tuk Tuk and made a four wheel vehicle. Don’t mess with India because one thing they will do is ensure everyone can afford a car
— Michael Scott (@sir_nele) April 14, 2021
The Qute is the first Indian-made quadricycle to meet the European Quadricycle norms and get the European WVTA (Whole Vehicle Type Approval) certification awarded by RDW Netherlands.
Having already established itself as the most trusted three-wheeler brand in more than 25 countries, Bajaj has pushed the boundary of innovation in intra-city transportation with the Qute, a compact quadricycle.
Many South Africans also pointed out that at R150 a month, the vehicle could mean the end for most public transport commuters in the country.
Here are a few responses from Twitter:
Going to work costs around 2xR20 a day using a taxi and 5×40=R200 weekly. Why not buy this car and pay R150 per month!? pic.twitter.com/3WXYL6E8Nv
— Shasha (@Nuscher_M) April 15, 2021
A car for R5000…R150 per month…no one has an excuse. I’d take it over walking any day?
— MGAYO (@SihleLanga3) April 14, 2021
For more info on where to buy the car in South Africa, click Bajaj Africa