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What is a 2020 Mahindra Pik Up worth?

Our estimate for a 6-year-old Mahindra Pik Up in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 103 701
R 94 368 to R 113 034
Trade-in offer
R 91 257
what a dealer would pay
Cost new (est.)
R 203 068
2020 launch pricing
Value kept
51%
R 99 367 depreciated

The 2020 Pik Up on its value curve

R0R75kR150kR225kR300kNow1y2y3y4y5y6y7y8y9y10y11yYears from now

The marker shows where a 2020 model sits today: 6 years in, 49% 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 103 701
Worth in 1 yearR 92 596
Worth in 3 yearsR 73 826
3-year cost of ownership (depreciation)R 29 875
±Monthly financedR 1 813/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2021R 121 314See value →
2020 (this page)R 103 701+R 17 613 to newest
2019R 87 769+R 33 545 to newestSee value →

2020 Mahindra Pik Up: common questions

What is a 2020 Mahindra Pik Up worth in South Africa?

Around R 103 701 as a retail asking price, with clean low-mileage examples reaching R 113 034 and higher-mileage cars closer to R 94 368. A dealer trade-in offer would sit near R 91 257.

Is a 2020 Mahindra Pik Up a good buy now?

It has already absorbed 49% of its new-car depreciation. If you buy at R 103 701 and keep it three years, expect it to shed roughly R 29 875 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 2020 Mahindra Pik Up cost new?

About R 203 068 at launch pricing in 2020 (our estimate, deflated from today's list price). It has kept 51% of that.

What would financing a 2020 Mahindra Pik Up cost monthly?

At R 103 701 over 72 months at 11.75% with 10% down, roughly R 1 813 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.