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What is a 2012 GWM Steed worth?

Our estimate for a 14-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 22 396
R 20 380 to R 24 412
Trade-in offer
R 19 708
what a dealer would pay
Cost new (est.)
R 145 528
2012 launch pricing
Value kept
15%
R 123 132 depreciated

The 2012 Steed on its value curve

R0R50kR100kR150kR200kNow2y4y6y8y10y12y14y15yYears from now

The marker shows where a 2012 model sits today: 14 years in, 85% 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 22 396
Worth in 1 yearR 19 511
Worth in 3 yearsR 14 809
3-year cost of ownership (depreciation)R 7 587
±Monthly financedR 391/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2013R 27 121See value →
2012 (this page)R 22 396+R 4 725 to newest
2011R 18 494+R 8 627 to newestSee value →

2012 GWM Steed: common questions

What is a 2012 GWM Steed worth in South Africa?

Around R 22 396 as a retail asking price, with clean low-mileage examples reaching R 24 412 and higher-mileage cars closer to R 20 380. A dealer trade-in offer would sit near R 19 708.

Is a 2012 GWM Steed a good buy now?

It has already absorbed 85% of its new-car depreciation. If you buy at R 22 396 and keep it three years, expect it to shed roughly R 7 587 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 2012 GWM Steed cost new?

About R 145 528 at launch pricing in 2012 (our estimate, deflated from today's list price). It has kept 15% of that.

What would financing a 2012 GWM Steed cost monthly?

At R 22 396 over 72 months at 11.75% with 10% down, roughly R 391 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.