What is a 2018 GWM Steed worth?
Our estimate for a 8-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.
The 2018 Steed on its value curve
The marker shows where a 2018 model sits today: 8 years in, 65% 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 70 629 |
| Worth in 1 year | R 61 532 |
| Worth in 3 years | R 46 702 |
| 3-year cost of ownership (depreciation) | R 23 927 |
| ±Monthly financed | R 1 234/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2019 | R 84 636 | — | See value → |
| 2018 (this page) | R 70 629 | +R 14 007 to newest | |
| 2017 | R 58 324 | +R 26 312 to newest | See value → |
2018 GWM Steed: common questions
What is a 2018 GWM Steed worth in South Africa?
Around R 70 629 as a retail asking price, with clean low-mileage examples reaching R 76 986 and higher-mileage cars closer to R 64 272. A dealer trade-in offer would sit near R 62 154.
Is a 2018 GWM Steed a good buy now?
It has already absorbed 65% of its new-car depreciation. If you buy at R 70 629 and keep it three years, expect it to shed roughly R 23 927 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 2018 GWM Steed cost new?
About R 200 660 at launch pricing in 2018 (our estimate, deflated from today's list price). It has kept 35% of that.
What would financing a 2018 GWM Steed cost monthly?
At R 70 629 over 72 months at 11.75% with 10% down, roughly R 1 234 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.