iCaur V23 value and depreciation
Known for boxy retro styling and ev power.
Projected value of a new iCaur V23
We class the iCaur V23 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 48% after three years and 33% after five. No resale track record yet, frequent launch-price cuts and fast model churn. Buy on price, not on resale.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 69% | R 359 153 | R 316 055 |
| 3 years | 48% | R 249 222 | R 219 315 |
| 5 years | 33% | R 170 390 | R 149 943 |
| 7 years | 22% | R 114 752 | R 100 982 |
| 10 years | 12% | R 62 003 | R 54 563 |
Estimates for a new purchase at R 519 900; retail basis, trade-in ≈ 12% under retail.
A retro, Land Rover-flavoured electric compact SUV that launched the iCaur brand here in May 2026. The RWD costs R519,900 with a claimed 431 km NEDC range, while the AWD is R669,900. It sells on design and personalisation, and EV depreciation in SA remains steep across the board.
What used V23 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
V23 against its rivals
iCaur V23: common questions
What is a iCaur V23 worth after 3 years?
A iCaur V23 bought new today for R 519 900 is projected to be worth about R 249 222 after three years, which is 48% of its price. A dealer trade-in offer would sit closer to R 219 315.
Does the iCaur V23 hold its value?
We class the iCaur V23 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 48% after three years and 33% after five. No resale track record yet, frequent launch-price cuts and fast model churn. Buy on price, not on resale.
What would a iCaur V23 cost per month?
Financing a new iCaur V23 at R 519 900 over 72 months at 11.75% with a 10% deposit comes to roughly R 9 087 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.