GWM Hover H5 value and depreciation
Known for early chinese budget family suv.
Depreciation curve
We class the GWM Hover H5 as a chinese (established) in our 12-tier model, which puts its retention at roughly 64% after three years and 50% after five. Chery, Haval and GWM now hold book value close to mainstream rivals, but dealers still offer noticeably less on trade-in and the long-term durability story is unwritten.
Retention table
| After | Retained |
|---|---|
| 1 year | 80% |
| 3 years | 64% |
| 5 years | 50% |
| 7 years | 38% |
| 10 years | 25% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
GWM's first SUV in SA was sold from around 2008 to 2016, initially as the Hover and later badged H5 with a 2.0 turbodiesel option. It offered Fortuner-sized space at a fraction of the price. Used examples are cheap, but parts availability and resale are weak points.
Hover H5 against its rivals
GWM Hover H5: common questions
Does the GWM Hover H5 hold its value?
We class the GWM Hover H5 as a chinese (established) in our 12-tier model, which puts its retention at roughly 64% after three years and 50% after five. Chery, Haval and GWM now hold book value close to mainstream rivals, but dealers still offer noticeably less on trade-in and the long-term durability story is unwritten.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.