To buy a zero kilometer compact SUV in Argentina you already need more than 23 million pesos. In this context, talking about “cheap” models may sound contradictory, but, ultimately, there is a list of vehicles that can be classified as the least expensive.
According to the lists of official prices From automotive companies for February, the most affordable SUVs on the Argentine market are:
- Nissan Kicks: starting at $23,856,000
- Volkswagen T-Cross: starting at $24,134,250
- Citroen C4 Cactus: from $25,505,000
- Fiat Pulse: from $26,083,900
- Renault Duster: starting at $27,858,140
- Jeep Renegade: from $28,057,500
- Honda HR-V: starting at $39,949,000
The cheapest automatic cars in Argentina
- Toyota Yaris Hatchback XS 1.5 CVT: $18,271,000
- Citroën C3 VTi 115 EAT6 Feel Pack: $22,035,500
- Fiat Cronos Precision 1.3 GSE CVT: $22,984,000
- Toyota Corolla 2.0 XLI CVT: $22,430,000
- Peugeot 208 Active Pack 1.6L Tiptronic: $23,689,800
There are only three 0 km cars left for sale for less than 20 million pesos
To buy a 0km In Argentina more than 16 million pesos are already needed. In this context, talking about “cheap” cars sounds contradictory, but at the end of the day there is a list of vehicles that have the lowest (or least highest) price on the market.
According to the current official price lists and always based on the value of the base version (the cheapest), this is how the ranking of the 10 most accessible zero kilometers in the country remained.
- Toyota Yaris: from $16,855,000
- Citroen C3: from $19,131,900
- Fiat Cronos: $19,864,000
- Peugeot 208: from $20,223,000
- Chevrolet Joy: from $20,271,900
- Chevrolet Onix: from $20,825,900
- Volkswagen Polo Track: from $21,227,100
- Renault Logan: from $22,042,993
- Fiat Strada: from $22,048,000
- Toyota Corolla: from $22,430,000
Due to the few sales, the prices of some 0 km remain unchanged from February to March
He automotive market suffered a very strong drop in sales in the first two months of 2024. The price of 0 km is increasingly further out of the pockets of most citizens. And, therefore, some companies made the decision to freeze the value of your products from February to March.
The two most striking cases of what was said in the first paragraph are the Toyota Hilux and the Nissan Frontier. Both medium-sized pickups manufactured in Argentina, their prices remained unchanged from one month to the next. You have to go back several years to find when was the last time that some 0 km did not increase in price at the start of the new month in a highly inflationary context.
Also, since we are talking about pickups, Ford and Renault decided increase “barely” 5 percent the value of the Ranger and the Alaskan, respectively, also domestically produced models.
Dealers predict that car sales will reactivate in the second half if inflation drops
The 0km car dealers of Argentina estimate that «if inflation drops, as several analysts project, and certainties continue to be added to macro issues (in this sense the IMF visit has been positive), people’s purchasing capacity will be accommodatedwhich will accelerate the decision to purchase a vehicle and the market will reactivate, something that can begin to be reflected in the second half.»
The statements were made by Sebastián Beato, president of the Association of Automotive Dealers of the Argentine Republic (Acara), within the framework of the presentation of February sales figures, which – incidentally – were very low.
Sharp drop in the sale of 0 km
In February, 24,811 vehicles were registered in registries throughout the country. This means that, compared to the same month last year (30,506), activity in the sector fell 18.7 percent. If the comparison is with January of this year, the drop reaches 26.9 percent since last month they had registered 33,918 units.
In this way, in the two accumulated months of the year, 58,729 units, this is a 27.4 percent less than in the same period of 2023, in which 80,869 vehicles.