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What is a 2023 Honda WR-V worth?

Our estimate for a 3-year-old Honda WR-V in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 204 655
R 186 236 to R 223 074
Trade-in offer
R 180 096
what a dealer would pay
Cost new (est.)
R 304 076
2023 launch pricing
Value kept
67%
R 99 421 depreciated

The 2023 WR-V on its value curve

R0R100kR200kR300kR400kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 33% 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 204 655
Worth in 1 yearR 182 818
Worth in 3 yearsR 145 886
3-year cost of ownership (depreciation)R 58 769
±Monthly financedR 3 577/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 239 104See value →
2023 (this page)R 204 655+R 34 449 to newest
2022R 173 288+R 65 816 to newestSee value →

2023 Honda WR-V: common questions

What is a 2023 Honda WR-V worth in South Africa?

Around R 204 655 as a retail asking price, with clean low-mileage examples reaching R 223 074 and higher-mileage cars closer to R 186 236. A dealer trade-in offer would sit near R 180 096.

Is a 2023 Honda WR-V a good buy now?

It has already absorbed 33% of its new-car depreciation. If you buy at R 204 655 and keep it three years, expect it to shed roughly R 58 769 more. As a mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2023 Honda WR-V cost new?

About R 304 076 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 67% of that.

What would financing a 2023 Honda WR-V cost monthly?

At R 204 655 over 72 months at 11.75% with 10% down, roughly R 3 577 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.