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What is a 2021 GWM Steed worth?

Our estimate for a 5-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 121 534
R 110 596 to R 132 472
Trade-in offer
R 106 950
what a dealer would pay
Cost new (est.)
R 235 623
2021 launch pricing
Value kept
52%
R 114 089 depreciated

The 2021 Steed on its value curve

R0R75kR150kR225kR300kNow1y2y3y4y5y6y7y8y9y10yYears from now

The marker shows where a 2021 model sits today: 5 years in, 48% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 12% a year.

If you buy it now

Fair buy price (retail)R 121 534
Worth in 1 yearR 106 999
Worth in 3 yearsR 82 935
3-year cost of ownership (depreciation)R 38 599
±Monthly financedR 2 124/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2022R 144 131See value →
2021 (this page)R 121 534+R 22 597 to newest
2020R 101 421+R 42 710 to newestSee value →

2021 GWM Steed: common questions

What is a 2021 GWM Steed worth in South Africa?

Around R 121 534 as a retail asking price, with clean low-mileage examples reaching R 132 472 and higher-mileage cars closer to R 110 596. A dealer trade-in offer would sit near R 106 950.

Is a 2021 GWM Steed a good buy now?

It has already absorbed 48% of its new-car depreciation. If you buy at R 121 534 and keep it three years, expect it to shed roughly R 38 599 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 2021 GWM Steed cost new?

About R 235 623 at launch pricing in 2021 (our estimate, deflated from today's list price). It has kept 52% of that.

What would financing a 2021 GWM Steed cost monthly?

At R 121 534 over 72 months at 11.75% with 10% down, roughly R 2 124 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.