What is a 2016 GWM Steed worth?
Our estimate for a 10-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.
The 2016 Steed on its value curve
The marker shows where a 2016 model sits today: 10 years in, 73% 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 48 163 |
| Worth in 1 year | R 41 960 |
| Worth in 3 years | R 31 847 |
| 3-year cost of ownership (depreciation) | R 16 316 |
| ±Monthly financed | R 842/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2017 | R 58 324 | — | See value → |
| 2016 (this page) | R 48 163 | +R 10 161 to newest | |
| 2015 | R 39 772 | +R 18 552 to newest | See value → |
2016 GWM Steed: common questions
What is a 2016 GWM Steed worth in South Africa?
Around R 48 163 as a retail asking price, with clean low-mileage examples reaching R 52 498 and higher-mileage cars closer to R 43 828. A dealer trade-in offer would sit near R 42 383.
Is a 2016 GWM Steed a good buy now?
It has already absorbed 73% of its new-car depreciation. If you buy at R 48 163 and keep it three years, expect it to shed roughly R 16 316 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 2016 GWM Steed cost new?
About R 180 283 at launch pricing in 2016 (our estimate, deflated from today's list price). It has kept 27% of that.
What would financing a 2016 GWM Steed cost monthly?
At R 48 163 over 72 months at 11.75% with 10% down, roughly R 842 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.