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What is a 2023 BMW iX1 worth?

Our estimate for a 3-year-old BMW iX1 in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 456 433
R 415 354 to R 497 512
Trade-in offer
R 401 661
what a dealer would pay
Cost new (est.)
R 1 030 453
2023 launch pricing
Value kept
44%
R 574 020 depreciated

The 2023 iX1 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 456 433
Worth in 1 yearR 374 969
Worth in 3 yearsR 256 501
3-year cost of ownership (depreciation)R 199 932
±Monthly financedR 7 978/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 586 153See value →
2023 (this page)R 456 433+R 129 720 to newest

2023 BMW iX1: common questions

What is a 2023 BMW iX1 worth in South Africa?

Around R 456 433 as a retail asking price, with clean low-mileage examples reaching R 497 512 and higher-mileage cars closer to R 415 354. A dealer trade-in offer would sit near R 401 661.

Is a 2023 BMW iX1 a good buy now?

It has already absorbed 56% of its new-car depreciation. If you buy at R 456 433 and keep it three years, expect it to shed roughly R 199 932 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 iX1 cost new?

About R 1 030 453 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 iX1 cost monthly?

At R 456 433 over 72 months at 11.75% with 10% down, roughly R 7 978 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.