Daewoo Matiz value and depreciation
Known for tiny city car, dirt cheap used.
Depreciation curve
We class the Daewoo Matiz as a orphan & discontinued in our 12-tier model, which puts its retention at roughly 51% after three years and 37% after five. When a brand leaves South Africa its residuals collapse. No dealer network means no price floor.
Retention table
| After | Retained |
|---|---|
| 1 year | 72% |
| 3 years | 51% |
| 5 years | 37% |
| 7 years | 27% |
| 10 years | 16% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
The bubble-shaped Matiz undercut almost everything on price when it arrived in 1999 and became Daewoo's local best seller. After the brand collapsed, essentially the same car carried on from 2004 as the Chevrolet Spark. Used examples trade for near-disposable money now.
Matiz against its rivals
Daewoo Matiz: common questions
Does the Daewoo Matiz hold its value?
We class the Daewoo Matiz as a orphan & discontinued in our 12-tier model, which puts its retention at roughly 51% after three years and 37% after five. When a brand leaves South Africa its residuals collapse. No dealer network means no price floor.
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All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.