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What is a 2023 Hyundai Santa Fe worth?

Our estimate for a 3-year-old Hyundai Santa Fe in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 688 497
R 626 532 to R 750 462
Trade-in offer
R 605 877
what a dealer would pay
Cost new (est.)
R 1 064 432
2023 launch pricing
Value kept
65%
R 375 935 depreciated

The 2023 Santa Fe on its value curve

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 35% 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 688 497
Worth in 1 yearR 608 239
Worth in 3 yearsR 474 700
3-year cost of ownership (depreciation)R 213 797
±Monthly financedR 12 034/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 812 463See value →
2023 (this page)R 688 497+R 123 966 to newest
2022R 576 530+R 235 933 to newestSee value →

2023 Hyundai Santa Fe: common questions

What is a 2023 Hyundai Santa Fe worth in South Africa?

Around R 688 497 as a retail asking price, with clean low-mileage examples reaching R 750 462 and higher-mileage cars closer to R 626 532. A dealer trade-in offer would sit near R 605 877.

Is a 2023 Hyundai Santa Fe a good buy now?

It has already absorbed 35% of its new-car depreciation. If you buy at R 688 497 and keep it three years, expect it to shed roughly R 213 797 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 Hyundai Santa Fe cost new?

About R 1 064 432 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 65% of that.

What would financing a 2023 Hyundai Santa Fe cost monthly?

At R 688 497 over 72 months at 11.75% with 10% down, roughly R 12 034 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.