Best used BMW 3 Series under R9,000 per month

By Farzana Chaumoo

Used BMW 3 Series models for under R9,000 a month can be found from as new as 2018 models.

Shopping for a used BMW 3 Series but looking to spend under R9,000 a month on your monthly repayment? We did the calculations for you and here's the answer:

The Calculation

Through a very basic calculation, using our Finance Calculator, that doesn't take into account your credit score or other monthly expenses that come with owning a vehicle, this is what we found for under R9,000 a month.

We found the retail price on a used 2018 BMW 318i Auto to start at R399,990. There are also older models such as a 2015 340i M Sport and 2016 330i M Sport BMWs listed in that price range that you can have a look at. 

We calculated the price on a repayment period of 54 months (5 years), an anticipated interest rate of 12%, and a deposit of 10% - R40,000. 

The monthly payment calculated to be R8 660.25.

NB: These figures are merely for estimation purposes as the deposit payment, repayment period and interest rate may differ amongst buyers. We also didn't add in any Balloon Payments, which, if chosen, will also change the monthly repayment price. Hence, why monthly repayments are deemed a personal calculation.

Find a Car

Shop here for some of our best offers for a BMW 3 Series models under R400,000