Finance Terms - Mahindra Pikup - Mahindra Vehicles at Group 1 Motors

Finance Terms & Conditions

Model Specifications Retail / Finance Amount Installment Price Interest rate Term (months) Deposit % Residual % Residual amount Finance amount Total Finance Cost
Pik-Up Chassis Cab 2.2 mHawk 4×2 S4 205,499.00 2,699.00 10.95% 72 20.00% 30.00% 64,127.70 171,007.20 301,207.50
Pik-Up 2.2 mHawk SC 4×2 S4 (ex VAT) 183,043.00 2,399.00 10.95% 72 20.00% 30.00% 57,061.50 152,164.00 267,830.50
Pik-Up 2.2 mHawk SC 4×2 S4 210,499.00 2,699.00 6.09% 72 0.00% 35.00% 76,565.65 218,759.00 270,893.65
Pik-Up 2.2 mHawk SC 4×2 S4 w/ Aircon 217,999.00 2,799.00 10.95% 72 20.00% 30.00% 67,877.70 181,007.20 314,657.50
Pik-Up 2.2 mHawk SC 4×2 S4 w/ Aircon (ex VAT) 189,900.00 2,499.00 10.95% 72 20.00% 30.00% 59,118.60 157,649.60 278,459.00
Pik-Up Drop Side 2.2 mHawk SC 4×2 S4 222,499.00 2,899.00 10.95% 72 20.00% 30.00% 69,227.70 184,607.20 324,107.50
Pik-Up Drop Side 2.2 mHawk SC 4×2 S4 w/Aircon 229,499.00 2,999.00 10.95% 72 20.00% 30.00% 71,327.70 190,207.20 334,807.50
Pik-Up 2.2 mHawk SC 4×4 S4 251,499.00 3,199.00 10.95% 72 20.00% 30.00% 77,927.70 207,807.20 360,207.50
Pik-Up 2.2 mHawk SC 4×2 S6  (ex VAT) 227,390.00 2,899.00 10.95% 72 20.00% 30.00% 70,695.00 188,520.00 326,553.00
Pik-Up 2.2 mHawk SC 4×2 S6 261,499.00 3,399.00 10.95% 72 20.00% 30.00% 80,927.70 215,807.20 379,607.50
Pik-Up 2.2 mHawk SC 4×4 S6 306,499.00 3,899.00 10.95% 72 20.00% 30.00% 94,564.20 252,171.20 438,335.00
Pik-Up 2.2 mHawk DC 4×2 S6 318,499.00 4,099.00 10.95% 72 20.00% 30.00% 98,164.20 261,771.20 458,735.00
Pik-Up 2.2 mHawk DC 4×4 S6 348,499.00 4,399.00 10.95% 72 20.00% 30.00% 107,164.20 285,771.20 495,335.00
Pik-Up 2.2 mHawk DC 4×2 S6 – Karoo Edition 328,499.00 4,399.00 7.09% 72 0.00% 35.00% 118,024.90 337,214.00 434,752.90
Pik-Up 2.2 mHawk DC 4×4 S6 – Karoo Edition 358,499.00 4,499.00 10.95% 72 20.00% 30.00% 110,164.20 293,771.20 507,535.00
Pik-Up 2.2 mHawk DC 4×2 S10 351,499.00 4,499.00 10.95% 72 20.00% 30.00% 108,064.20 288,171.20 504,035.00
Pik-Up 2.2 mHawk DC 4×4 S10 383,499.00 4,899.00 10.95% 72 20.00% 30.00% 117,664.20 313,771.20 548,835.00
Pik-Up 2.2 mHawk DC 4×2 S10 – Karoo Edition 358,499.00 4,699.00 6.63% 72 0.00% 35.00% 128,524.90 367,214.00 466,852.90
Pik-Up 2.2 mHawk DC 4×4 S10- Karoo Edition 388,499.00 4,899.00 10.95% 72 20.00% 30.00% 119,164.20 317,771.20 551,335.00
Pik-Up 2.2 mHawk DC 4×2 S11 Auto 384,999.00 4,799.00 10.95% 72 20.00% 30.00% 118,114.20 314,971.20 542,385.00
Pik-Up 2.2 mHawk DC 4×2 S11 Auto – Karoo Edition 399,999.00 4,999.00 10.95% 72 20.00% 30.00% 122,614.20 326,971.20 564,285.00
Pik-Up 2.2 mHawk DC 4×4 S11 Auto 414,999.00 5,099.00 10.95% 72 20.00% 30.00% 127,114.20 338,971.20 578,985.00
Pik-Up 2.2 mHawk DC 4×4 S11 Auto – Karoo Edition 429,999.00 5,299.00 10.95% 72 20.00% 30.00% 131,614.20 350,971.20 600,885.00
  1. Note, customers need to earn more than R 7,500pm in order to qualify for finance
  2. Actual installments on loans obtained from financial institutions will vary depending on: the current prime interest rate, the financial institution’s variables, the type, condition and age of the vehicle, your credit rating with the financial institution concerned, the respective initiation fees and the time period between the effective date of the loan and the first installment payable. Installments exclude bank initiation fee, monthly administration fee and any extras. Please note that you should seek appropriate financial advice before concluding any loan agreements.
  3. Retail pricing EXCLUDES On-The-Road charges (Licensing, Documentation Fees and Service & Delivery Fees)
  4. Calculated installments and the full financed amount INCLUDES On-The-Road charges (Licensing, Documentation Fees and Service & Delivery Fees), based on the retail price bracket, including VAT, as indicated below:
    Retail Price Bracket <R100k R100k - R200k R200k - R300k >R300k
    OTR Charges R6,306.00 R7,162.00 R8,260.00 R8,715.00
  5. If two different deals are applied to the same model, only one of the deals can be applied for.
  6. All vehicle prices quoted on this site are suggested retail prices only. Group 1 Mahindra reserves the right to change the prices at any given time. Please read the Terms of Use
  7. All vehicle specifications are subject to change without prior notice. Please read the Terms of Use

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