What is a 2024 BMW i7 worth?
Our estimate for a 2-year-old BMW i7 in average condition with typical mileage, on 2026 market pricing.
The 2024 i7 on its value curve
The marker shows where a 2024 model sits today: 2 years in, 48% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 19% a year.
If you buy it now
| Fair buy price (retail) | R 1 370 531 |
| Worth in 1 year | R 1 105 744 |
| Worth in 3 years | R 719 758 |
| 3-year cost of ownership (depreciation) | R 650 773 |
| ±Monthly financed | R 23 955/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2025 | R 1 819 384 | — | See value → |
| 2024 (this page) | R 1 370 531 | +R 448 853 to newest | |
| 2023 | R 1 048 099 | +R 771 285 to newest | See value → |
2024 BMW i7: common questions
What is a 2024 BMW i7 worth in South Africa?
Around R 1 370 531 as a retail asking price, with clean low-mileage examples reaching R 1 493 879 and higher-mileage cars closer to R 1 247 183. A dealer trade-in offer would sit near R 1 206 067.
Is a 2024 BMW i7 a good buy now?
It has already absorbed 48% of its new-car depreciation. If you buy at R 1 370 531 and keep it three years, expect it to shed roughly R 650 773 more. As a premium ev model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2024 BMW i7 cost new?
About R 2 653 130 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 52% of that.
What would financing a 2024 BMW i7 cost monthly?
At R 1 370 531 over 72 months at 11.75% with 10% down, roughly R 23 955 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.
Keep going
Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.