Skip to content

What is a 2023 BMW iX worth?

Our estimate for a 3-year-old BMW iX in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 848 362
R 772 009 to R 924 715
Trade-in offer
R 746 559
what a dealer would pay
Cost new (est.)
R 1 915 279
2023 launch pricing
Value kept
44%
R 1 066 917 depreciated

The 2023 iX on its value curve

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 56% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 18% a year.

If you buy it now

Fair buy price (retail)R 848 362
Worth in 1 yearR 696 946
Worth in 3 yearsR 476 753
3-year cost of ownership (depreciation)R 371 609
±Monthly financedR 14 828/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 1 089 470See value →
2023 (this page)R 848 362+R 241 108 to newest
2022R 660 612+R 428 858 to newestSee value →

2023 BMW iX: common questions

What is a 2023 BMW iX worth in South Africa?

Around R 848 362 as a retail asking price, with clean low-mileage examples reaching R 924 715 and higher-mileage cars closer to R 772 009. A dealer trade-in offer would sit near R 746 559.

Is a 2023 BMW iX a good buy now?

It has already absorbed 56% of its new-car depreciation. If you buy at R 848 362 and keep it three years, expect it to shed roughly R 371 609 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 2023 BMW iX cost new?

About R 1 915 279 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 44% of that.

What would financing a 2023 BMW iX cost monthly?

At R 848 362 over 72 months at 11.75% with 10% down, roughly R 14 828 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.