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What is a 2022 GWM Steed worth?

Our estimate for a 4-year-old GWM Steed in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 144 131
R 131 159 to R 157 103
Trade-in offer
R 126 835
what a dealer would pay
Cost new (est.)
R 248 582
2022 launch pricing
Value kept
58%
R 104 451 depreciated

The 2022 Steed on its value curve

R0R75kR150kR225kR300kNow1y2y3y4y5y6y7y8y9yYears from now

The marker shows where a 2022 model sits today: 4 years in, 42% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 11% a year.

If you buy it now

Fair buy price (retail)R 144 131
Worth in 1 yearR 128 219
Worth in 3 yearsR 99 383
3-year cost of ownership (depreciation)R 44 748
±Monthly financedR 2 519/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2023R 170 928See value →
2022 (this page)R 144 131+R 26 797 to newest
2021R 121 534+R 49 394 to newestSee value →

2022 GWM Steed: common questions

What is a 2022 GWM Steed worth in South Africa?

Around R 144 131 as a retail asking price, with clean low-mileage examples reaching R 157 103 and higher-mileage cars closer to R 131 159. A dealer trade-in offer would sit near R 126 835.

Is a 2022 GWM Steed a good buy now?

It has already absorbed 42% of its new-car depreciation. If you buy at R 144 131 and keep it three years, expect it to shed roughly R 44 748 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 2022 GWM Steed cost new?

About R 248 582 at launch pricing in 2022 (our estimate, deflated from today's list price). It has kept 58% of that.

What would financing a 2022 GWM Steed cost monthly?

At R 144 131 over 72 months at 11.75% with 10% down, roughly R 2 519 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.