FAW V2 value and depreciation
Known for sub-r100k new car pricing.
Depreciation curve
We class the FAW V2 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.
At its October 2013 launch the V2 was among the cheapest new cars in SA at around R100,000. The small hatch sold modestly and was gone within about four years when FAW's passenger effort stalled. Buyers today treat it as disposable transport.
V2 against its rivals
FAW V2: common questions
Does the FAW V2 hold its value?
We class the FAW V2 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.