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What is a 2017 GWM Steed worth?

Our estimate for a 9-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 58 324
R 53 075 to R 63 573
Trade-in offer
R 51 325
what a dealer would pay
Cost new (est.)
R 190 199
2017 launch pricing
Value kept
31%
R 131 875 depreciated

The 2017 Steed on its value curve

R0R50kR100kR150kR200kNow2y4y6y8y10y12y14yYears from now

The marker shows where a 2017 model sits today: 9 years in, 69% 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 58 324
Worth in 1 yearR 50 812
Worth in 3 yearsR 38 566
3-year cost of ownership (depreciation)R 19 758
±Monthly financedR 1 019/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2018R 70 629See value →
2017 (this page)R 58 324+R 12 305 to newest
2016R 48 163+R 22 466 to newestSee value →

2017 GWM Steed: common questions

What is a 2017 GWM Steed worth in South Africa?

Around R 58 324 as a retail asking price, with clean low-mileage examples reaching R 63 573 and higher-mileage cars closer to R 53 075. A dealer trade-in offer would sit near R 51 325.

Is a 2017 GWM Steed a good buy now?

It has already absorbed 69% of its new-car depreciation. If you buy at R 58 324 and keep it three years, expect it to shed roughly R 19 758 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 2017 GWM Steed cost new?

About R 190 199 at launch pricing in 2017 (our estimate, deflated from today's list price). It has kept 31% of that.

What would financing a 2017 GWM Steed cost monthly?

At R 58 324 over 72 months at 11.75% with 10% down, roughly R 1 019 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.