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What is a 2011 Mahindra Pik Up worth?

Our estimate for a 15-year-old Mahindra Pik Up in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 23 110
R 21 030 to R 25 190
Trade-in offer
R 20 337
what a dealer would pay
Cost new (est.)
R 125 421
2011 launch pricing
Value kept
18%
R 102 311 depreciated

The 2011 Pik Up on its value curve

R0R50kR100kR150kR200kNow2y4y6y8y10y12y14y15yYears from now

The marker shows where a 2011 model sits today: 15 years in, 82% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 11% a year.

If you buy it now

Fair buy price (retail)R 23 110
Worth in 1 yearR 20 635
Worth in 3 yearsR 16 452
3-year cost of ownership (depreciation)R 6 658
±Monthly financedR 404/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2012R 27 305See value →
2011 (this page)R 23 110+R 4 195 to newest

2011 Mahindra Pik Up: common questions

What is a 2011 Mahindra Pik Up worth in South Africa?

Around R 23 110 as a retail asking price, with clean low-mileage examples reaching R 25 190 and higher-mileage cars closer to R 21 030. A dealer trade-in offer would sit near R 20 337.

Is a 2011 Mahindra Pik Up a good buy now?

It has already absorbed 82% of its new-car depreciation. If you buy at R 23 110 and keep it three years, expect it to shed roughly R 6 658 more. As a mainstream model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.

What did a 2011 Mahindra Pik Up cost new?

About R 125 421 at launch pricing in 2011 (our estimate, deflated from today's list price). It has kept 18% of that.

What would financing a 2011 Mahindra Pik Up cost monthly?

At R 23 110 over 72 months at 11.75% with 10% down, roughly R 404 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.