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Premium EVelectric luxury SUV

BMW iX value and depreciation

Known for flagship ev with heavy depreciation.

New from
R 2 249 000
Worth after 3 years
R 996 181
44% retained
Worth after 5 years
R 672 318
30% retained
±Monthly (new)
R 39 309/m
10% deposit, 72m, 11.75%

Projected value of a new BMW iX

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8y9y10yYears from now

We class the BMW iX as a premium ev in our 12-tier model, which puts its retention at roughly 44% after three years and 30% after five. Battery anxiety, charging doubts and seven-figure prices make premium EVs the steepest depreciators in the country. A few cult EVs beat this curve via overrides.

Retention table

AfterRetainedRetail valueTrade-in
1 year67%R 1 496 372R 1 316 807
3 years44%R 996 181R 876 639
5 years30%R 672 318R 591 640
7 years21%R 466 150R 410 212
10 years13%R 287 540R 253 035

Estimates for a new purchase at R 2 249 000; retail basis, trade-in ≈ 12% under retail.

The iX has been BMW South Africa's electric flagship SUV since late 2021. Polarising looks and a price above two million rand limit it to a small buyer pool. Early examples have lost value dramatically, as is typical of big EVs in this market.

What used iX years are worth today

Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.

YearEst. retail todayTrade-in
2026 iXR 2 249 000R 1 979 120Details →
2025 iXR 1 418 363R 1 248 159Details →
2024 iXR 1 089 470R 958 734Details →
2023 iXR 848 362R 746 559Details →
2022 iXR 660 612R 581 339Details →
2021 iXR 514 414R 452 684Details →

iX against its rivals

Where the iX ranks

BMW iX: common questions

What is a BMW iX worth after 3 years?

A BMW iX bought new today for R 2 249 000 is projected to be worth about R 996 181 after three years, which is 44% of its price. A dealer trade-in offer would sit closer to R 876 639.

Does the BMW iX hold its value?

We class the BMW iX as a premium ev in our 12-tier model, which puts its retention at roughly 44% after three years and 30% after five. Battery anxiety, charging doubts and seven-figure prices make premium EVs the steepest depreciators in the country. A few cult EVs beat this curve via overrides.

What does a used BMW iX cost?

As a guide: a 2024 model is worth about R 1 089 470 retail today, while a 2021 model sits around R 514 414. Condition, mileage and spec move real prices by 10% or more either way.

What would a BMW iX cost per month?

Financing a new BMW iX at R 2 249 000 over 72 months at 11.75% with a 10% deposit comes to roughly R 39 309 per month before bank fees and insurance.

Keep going

All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.