Lepas L4 value and depreciation
Known for brand-new budget crossover with big warranty.
Projected value of a new Lepas L4
We class the Lepas L4 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 57% after three years and 43% 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 | 76% | R 227 174 | R 199 913 |
| 3 years | 57% | R 171 568 | R 150 980 |
| 5 years | 43% | R 128 134 | R 112 758 |
| 7 years | 32% | R 94 622 | R 83 267 |
| 10 years | 20% | R 59 037 | R 51 953 |
Estimates for a new purchase at R 299 900; retail basis, trade-in ≈ 12% under retail.
Lepas opened its South African account in March 2026 with the L4, spanning R299,900 for the 1.5 manual to R419,900 for the turbo Pantera. Warranty cover mirrors Chery's, including a 10-year/1-million km engine warranty for the first owner. There is no resale track record yet, and first-year values of new Chinese brands typically fall hard.
What used L4 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
L4 against its rivals
Lepas L4: common questions
What is a Lepas L4 worth after 3 years?
A Lepas L4 bought new today for R 299 900 is projected to be worth about R 171 568 after three years, which is 57% of its price. A dealer trade-in offer would sit closer to R 150 980.
Does the Lepas L4 hold its value?
We class the Lepas L4 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 57% after three years and 43% after five. No resale track record yet, frequent launch-price cuts and fast model churn. Buy on price, not on resale.
What would a Lepas L4 cost per month?
Financing a new Lepas L4 at R 299 900 over 72 months at 11.75% with a 10% deposit comes to roughly R 5 242 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.