Latest news with #LightstoneAuto

TimesLIVE
01-07-2025
- Automotive
- TimesLIVE
More young women are financing cars — see which makes are their top pick
The company said while financing trends have shifted, the top brand choice for young buyers hasn't. 'Volkswagen's position as the No 1 choice has been a constant, though 14 brands have held a position among the top 10 brands,' said Lightstone Auto. Ford was the second most popular brand in 2015, but was overtaken by Toyota in 2020 and has since slipped behind Suzuki, which only entered the top 10 in 2020 but has quickly gained favour. 'Nissan has moved between positions four and seven, and is now at number five, while Haval and Chery find themselves in the top 10.' Luxury brands still hold sway. 'There is a demand for premium brands among younger consumers as Audi and BMW have retained spots in the top 10 over the past decade, though they have slipped slightly from where they were in 2015.' Younger buyers are also spending more. 'Since 2015 there has been a gradual increase in the average price point at which younger buyers were prepared to finance a vehicle purchase. In 2015 a buyer under 35 was prepared to finance a vehicle purchase at an average of just under R200,000, but in 2025 this has jumped to R321,500.' The data shows the average price of a used vehicle financed for a woman rose from R172,600 in 2014 to R297,800 in 2024. For new vehicles, the jump was steeper, from R252,000 in 2014 to R440,000 in 2024.

TimesLIVE
30-06-2025
- Automotive
- TimesLIVE
Where Joburgers like to top up petrol and their favourite fuel station shops
A study by Lightstone Auto has found Engen has cemented its position as South Africa's leading fuel station brand, according to Johannesburg motorists. The findings are based on aggregated and anonymised telemetry data from Tracker which spans more than 600 service stations in Johannesburg and more than 5,000 nationwide. 'Engen emerged as the most visited fuel station brand by Johannesburg drivers in March 2025,' the report said.


Zawya
18-06-2025
- Automotive
- Zawya
South Africans prefer Toyota, VW and Ford when purchasing used cars
South Africans prefer three brands when choosing a used vehicle: Toyota, Volkswagen and Ford. According to Lightstone Auto, these brands make up half of financed used vehicle sales in 2025. Insights drawn from Lightstone Auto's transactional data reveal clear trends in consumer preferences when it comes to financing used light vehicles, with these three brands emerging as the top choices among South African buyers so far this year. Interrogating the most popular vehicle types, the Ford Ranger Double-Cab and the Volkswagen Polo Vivo both lead with a 6% share of financed sales, followed closely by the Volkswagen Polo on 5%. The Toyota Hilux Double-Cab and Suzuki Swift ranges currently round out the top five. 'Looking at how buyer preferences in the used vehicle space have changed over the last five years, four of the five have appeared in the top five used vehicle types consistently since 2020. The remaining spots in the top 10, however, have rotated among ten other vehicle types over the same period,' says Andrew Hibbert, auto data analyst at Lightstone. Fuel-type preferences have remained largely stable over the past five years, with the split between petrol and diesel-powered vehicles being fairly constant, but it is noticeable that the growing popularity of hybrid and electric vehicles is slowly beginning to make inroads among used vehicle buyers. The market share of these vehicles doubled in 2024, and so far in 2025 they account for 1% of all used light vehicles being financed – a small but notable shift. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (