What is a 2011 GWM Steed worth?
Our estimate for a 15-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.
The 2011 Steed on its value curve
The marker shows where a 2011 model sits today: 15 years in, 87% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 13% a year.
If you buy it now
| Fair buy price (retail) | R 18 494 |
| Worth in 1 year | R 16 112 |
| Worth in 3 years | R 12 229 |
| 3-year cost of ownership (depreciation) | R 6 265 |
| ±Monthly financed | R 323/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2012 | R 22 396 | — | See value → |
| 2011 (this page) | R 18 494 | +R 3 902 to newest |
2011 GWM Steed: common questions
What is a 2011 GWM Steed worth in South Africa?
Around R 18 494 as a retail asking price, with clean low-mileage examples reaching R 20 158 and higher-mileage cars closer to R 16 830. A dealer trade-in offer would sit near R 16 275.
Is a 2011 GWM Steed a good buy now?
It has already absorbed 87% of its new-car depreciation. If you buy at R 18 494 and keep it three years, expect it to shed roughly R 6 265 more. As a chinese (established) model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2011 GWM Steed cost new?
About R 137 941 at launch pricing in 2011 (our estimate, deflated from today's list price). It has kept 13% of that.
What would financing a 2011 GWM Steed cost monthly?
At R 18 494 over 72 months at 11.75% with 10% down, roughly R 323 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.