The monthly installment for a new Toyota Corolla Quest in South Africa typically ranges from approximately R6,010 to R7,595 per month, depending on the model, term, deposit, interest rate, and whether a residual (balloon payment) is included[1][2]. For entry-level models, recent estimates show:
- Price: Around R316,600
- Deposit: Often 0% or R20,000
- Term: 72 months
- Interest Rate: 11.75%–12.00%
- Monthly installment (no residual): R6,072–R6,432
- Monthly installment (with 20% residual): as low as R5,501 per month, but with higher overall interest paid
For higher-spec models like the Quest Exclusive CVT (around R391,000), the monthly installment is about R7,595 (no residual) or R6,890 (with 20% residual) for 72 months at an 11.75% interest rate[1].
Used Toyota Corolla Quest models are available with monthly installments ranging from about R3,051 for older models to R5,024 for newer ones, depending on year, mileage, and variant[3]. For example, a 2024 Toyota Corolla Quest 1.8 Auto can have an installment of about R4,846 per month[3].
Actual installments will vary based on your credit profile, interest rate negotiated with the dealer or bank, chosen deposit, and presence of a residual. Always use a dealership financing calculator or consult directly with a bank for accurate, up-to-date figures.