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What is a 2023 Lotus Emira worth?

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

Retail value today
R 1 193 243
R 1 085 851 to R 1 300 635
Trade-in offer
R 1 050 054
what a dealer would pay
Cost new (est.)
R 2 291 054
2023 launch pricing
Value kept
52%
R 1 097 811 depreciated

The 2023 Emira on its value curve

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 48% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 18% a year.

If you buy it now

Fair buy price (retail)R 1 193 243
Worth in 1 yearR 983 232
Worth in 3 yearsR 667 591
3-year cost of ownership (depreciation)R 525 652
±Monthly financedR 20 856/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 1 507 630See value →
2023 (this page)R 1 193 243+R 314 387 to newest

2023 Lotus Emira: common questions

What is a 2023 Lotus Emira worth in South Africa?

Around R 1 193 243 as a retail asking price, with clean low-mileage examples reaching R 1 300 635 and higher-mileage cars closer to R 1 085 851. A dealer trade-in offer would sit near R 1 050 054.

Is a 2023 Lotus Emira a good buy now?

It has already absorbed 48% of its new-car depreciation. If you buy at R 1 193 243 and keep it three years, expect it to shed roughly R 525 652 more. As a luxury flagship & exotic model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.

What did a 2023 Lotus Emira cost new?

About R 2 291 054 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 52% of that.

What would financing a 2023 Lotus Emira cost monthly?

At R 1 193 243 over 72 months at 11.75% with 10% down, roughly R 20 856 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.