GWM Ora 03 value and depreciation
Known for retro styling and very slow sales.
Projected value of a new GWM Ora 03
We class the GWM Ora 03 as a chinese (established) in our 12-tier model, which puts its retention at roughly 54% after three years and 39% 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 | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 73% | R 461 244 | R 405 895 |
| 3 years | 54% | R 340 938 | R 300 025 |
| 5 years | 39% | R 244 592 | R 215 241 |
| 7 years | 27% | R 170 229 | R 149 802 |
| 10 years | 15% | R 95 840 | R 84 339 |
Estimates for a new purchase at R 629 900; retail basis, trade-in ≈ 12% under retail.
GWM's retro-styled electric hatch went on sale in late 2023 and has sold in tiny numbers, with fewer than 100 units registered in its first three years. Launch pricing near R687k has been discounted to move stock. GWM plans to reboot the Ora line locally with the cheaper Ora 5, so the 03's future is uncertain.
What used Ora 03 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Ora 03 | R 629 900 | R 554 312 | Details → |
| 2025 Ora 03 | R 437 199 | R 384 735 | Details → |
| 2024 Ora 03 | R 356 285 | R 313 531 | Details → |
| 2023 Ora 03 | R 290 347 | R 255 505 | Details → |
Ora 03 against its rivals
GWM Ora 03: common questions
What is a GWM Ora 03 worth after 3 years?
A GWM Ora 03 bought new today for R 629 900 is projected to be worth about R 340 938 after three years, which is 54% of its price. A dealer trade-in offer would sit closer to R 300 025.
Does the GWM Ora 03 hold its value?
We class the GWM Ora 03 as a chinese (established) in our 12-tier model, which puts its retention at roughly 54% after three years and 39% 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.
What does a used GWM Ora 03 cost?
As a guide: a 2024 model is worth about R 356 285 retail today, while a 2023 model sits around R 290 347. Condition, mileage and spec move real prices by 10% or more either way.
What would a GWM Ora 03 cost per month?
Financing a new GWM Ora 03 at R 629 900 over 72 months at 11.75% with a 10% deposit comes to roughly R 11 010 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.