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Chinese car brands now make up 28% of South Africa’s auto market: What this means for your car insurance

Chinese car brands now make up 28% of South Africa’s auto market: What this means for your car insurance

SA’s car game just changed (big time)

South Africa’s roads are looking a little different lately… And no, it’s not just the potholes. Chinese car brands have officially claimed the crown as the fastest-growing players in Mzansi’s auto market. With 15 out of the 53 car brands now hailing from China, they’ve driven straight into our garages, hearts, and now, into the kingdom of insurance.

As your go-to for all things royal (and rational), King Price Insurance is breaking down what this means for your wheels, your wallet, and most importantly, your cover.

Why Mzansi is mad about Chinese cars

Let’s be honest: Buying a car these days feels like entering the Hunger Games with your bank account. With over 75% of new cars priced above R500,000, South Africans are saying, “No thanks, bru” to traditional brands and “Ni hao” to budget-friendly, tech-savvy alternatives.

Chinese car brands. These bad boys aren’t just affordable. They’re stylish, packed with smart tech, and fast becoming firm favourites from Sandton to Springbok.

Leading the charge:

  • Chery: Rejoined SA in 2021 and already breaking into the top 10.
  • GWM (Great Wall Motors): Famous for the P-Series bakkie and Haval SUVs.

And that’s just the start. In the last three years alone, 13 new Chinese car brands have pulled into our market, offering everything from plug-in hybrids to premium SUVs that give the Germans a run for their money.

So, how does this affect your insurance?

Great question, smart shopper. As more Chinese brands hit the road, insurers like King Price are stepping up to ensure you get the royal treatment, no matter the badge on your bonnet.

Here’s how it plays out:

  • Lower car prices = lower premiums
  • Improved parts supply = cheaper repairs
  • Advanced safety features = fewer accidents
  • More competition = better deals for you

At King Price, we’re all about value. That’s why we offer comprehensive car insurance with monthly decreasing premiums. Yep, your premium drops every month as your car loses value… Logical, right?

The 15 Chinese car brands making waves in South Africa

Here’s your quick royal rundown of who’s who in the Chinese car queue, and how King Price can help you keep your cover tight:

The road ahead for Chinese car brands in South Africa

With more Chinese brands like Denza, Dongfeng, and Jetour’s Shanhai gearing up to enter SA, one thing’s clear: This isn’t a passing trend. It’s the new norm.

More choice means better value, better cars, and smarter insurance. At King Price, we’re keeping pace with the change and adapting our cover to match your ride… No matter the make or model.

So whether you’re team Toyota, curious about Chery, or loving your Lexus, we’ve got you. And if your car’s value drops every month, shouldn’t your insurance premium do the same?

SA’s car game just changed (big time)

South Africa’s roads are looking a little different lately… And no, it’s not just the potholes. Chinese car brands have officially claimed the crown as the fastest-growing players in Mzansi’s auto market. With 15 out of the 53 car brands now hailing from China, they’ve driven straight into our garages, hearts, and now, into the kingdom of insurance.

As your go-to for all things royal (and rational), King Price Insurance is breaking down what this means for your wheels, your wallet, and most importantly, your cover.

Are Chinese cars more expensive to insure?

Not necessarily! Many Chinese cars are cheaper to buy and repair, which can lower your premiums.

Does King Price cover all Chinese car brands?

Yes! As long as the vehicle is available on our system and meets underwriting criteria.

What if my Chinese car isn’t listed on your system yet?

We’ll refer it to underwriting and use a comparable model in the interim.

Do Chinese cars have good safety ratings?

Many do! Brands like Chery and GWM invest heavily in safety tech.

Can I get R1 insurance on my Chinese car?

If you’ve got comprehensive cover, you can add R1 cover for things like golf clubs, bicycles, and more!

Ready to switch gears?

Whether you’re rolling in a Toyota Rav4 or revving up a Jaecoo J7, King Price is the kingdom where your car gets the royal treatment. Let your premium go down with your car’s value… And not just because you hit a pothole in Joburg.

Get a quote now

Psst… This blog provides general info only and doesn’t count as financial or product advice from King Price or our legal and compliance experts. Remember, all our premiums are risk-profile-dependent, and T’s and C’s apply. Our most up-to-date KPPD (policy wording) can always be found here. 

Our website T’s and C’s can be found here. 

King Price Insurance Company Ltd is a licensed non-life insurer and registered financial services provider. (Reg no. 2009/012496/06 | FSP no. 43862)