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PHEV vs. HEV vs. EV vs. Petrol: Here's what you need to earn to afford each in South Africa!

Navigating the South African car market in 2026 means deciding between entirely different propulsion technologies. Here's what you need to earn to afford the most affordable version of each technology in South Africa.

Automotive News1 min read

To see how much financial muscle you need to switch to a plug-in hybrid, we compared the Atto 2's salary requirements with those of a traditional hybrid alternative, a full EV, and a bare-bones petrol baseline.

Monthly cost comparison

Assuming a 60-month finance structure at prime (10.50%) with no deposit, here is the gross monthly income you need for each tier of technology:

Vehicle ModelFuel TypeRetail PriceMonthly InstalmentRequired Gross Salary
Renault Kwid 1.0 EvolutionPetrolR178 799R3 842R15 368
Geely E2 AspireFull EVR339 900R7 305R29 220
Chery Tiggo Cross 1.5 CSH ComfortTraditional HybridR439 900R9 454R37 816
BYD Atto 2 Comfort DM-iPlug-in HybridR449 900R9 669R38 676

Verdict

The gap between a traditional "closed" hybrid like the Chery Tiggo Cross and the plug-in BYD Atto 2 is incredibly narrow—separated by less than R1 000 in required monthly income. However, if your budget is strictly constrained, full electrification via the Geely E2 drops your salary bar to under R30 000 a month, albeit with a shorter 325 km pure-electric range.

Author - Sean Nurse

Written by Sean Nurse

With a lifelong passion for cars, bikes, and motorsport, Sean knew that attaining a degree in journalism would allow him to pursue his passion, which was to be a motoring journalist. After graduating in 2012, Sean was awarded a bursary from the SAGMJ which allowed him to work for a variety of motoring publications. This was a dream come true for Sean, and after a year of gaining vital industry experience, he was hired as a motoring journalist at a local newspaper and worked his way up to editor. In 2020, Sean joined the AutoTrader team and counts himself lucky to wake up and genuinely love what he does for a living.Read more

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