Mahindra Pik Up value and depreciation
Known for most affordable proper one-ton bakkie.
Projected value of a new Mahindra Pik Up
We class the Mahindra Pik Up as a mainstream in our 12-tier model, which puts its retention at roughly 70% after three years and 57% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 84% | R 235 022 | R 206 819 |
| 3 years | 70% | R 194 947 | R 171 553 |
| 5 years | 57% | R 158 552 | R 139 526 |
| 7 years | 46% | R 127 676 | R 112 355 |
| 10 years | 32% | R 90 894 | R 79 987 |
Estimates for a new purchase at R 279 999; retail basis, trade-in ≈ 12% under retail.
Few bakkies offer as much metal for the money as the Pik Up, on sale here since 2006 as the Scorpio Pik Up before the shorter name arrived with the 2017 update. It is regularly South Africa's best-selling Indian vehicle and undercuts a comparable Hilux or Ranger by a wide margin. Resale has firmed up as the dealer network and parts supply have grown.
What used Pik Up years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Pik Up | R 279 999 | R 246 399 | Details → |
| 2025 Pik Up | R 222 770 | R 196 038 | Details → |
| 2024 Pik Up | R 192 313 | R 169 235 | Details → |
| 2023 Pik Up | R 166 020 | R 146 098 | Details → |
| 2022 Pik Up | R 141 917 | R 124 887 | Details → |
| 2021 Pik Up | R 121 314 | R 106 756 | Details → |
| 2020 Pik Up | R 103 701 | R 91 257 | Details → |
| 2019 Pik Up | R 87 769 | R 77 237 | Details → |
| 2018 Pik Up | R 74 284 | R 65 370 | Details → |
| 2017 Pik Up | R 62 872 | R 55 327 | Details → |
| 2016 Pik Up | R 53 212 | R 46 827 | Details → |
| 2015 Pik Up | R 45 037 | R 39 633 | Details → |
Pik Up against its rivals
Where the Pik Up ranks
Mahindra Pik Up: common questions
What is a Mahindra Pik Up worth after 3 years?
A Mahindra Pik Up bought new today for R 279 999 is projected to be worth about R 194 947 after three years, which is 70% of its price. A dealer trade-in offer would sit closer to R 171 553.
Does the Mahindra Pik Up hold its value?
We class the Mahindra Pik Up as a mainstream in our 12-tier model, which puts its retention at roughly 70% after three years and 57% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
What does a used Mahindra Pik Up cost?
As a guide: a 2024 model is worth about R 192 313 retail today, while a 2015 model sits around R 45 037. Condition, mileage and spec move real prices by 10% or more either way.
What would a Mahindra Pik Up cost per month?
Financing a new Mahindra Pik Up at R 279 999 over 72 months at 11.75% with a 10% deposit comes to roughly R 4 894 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.