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What is a 2023 Mahindra Scorpio-N worth?

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

Retail value today
R 245 028
R 222 975 to R 267 081
Trade-in offer
R 215 625
what a dealer would pay
Cost new (est.)
R 415 587
2023 launch pricing
Value kept
59%
R 170 559 depreciated

The 2023 Scorpio-N on its value curve

R0R125kR250kR375kR500kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 41% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 12% a year.

If you buy it now

Fair buy price (retail)R 245 028
Worth in 1 yearR 214 457
Worth in 3 yearsR 162 481
3-year cost of ownership (depreciation)R 82 547
±Monthly financedR 4 283/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 295 354See value →
2023 (this page)R 245 028+R 50 326 to newest

2023 Mahindra Scorpio-N: common questions

What is a 2023 Mahindra Scorpio-N worth in South Africa?

Around R 245 028 as a retail asking price, with clean low-mileage examples reaching R 267 081 and higher-mileage cars closer to R 222 975. A dealer trade-in offer would sit near R 215 625.

Is a 2023 Mahindra Scorpio-N a good buy now?

It has already absorbed 41% of its new-car depreciation. If you buy at R 245 028 and keep it three years, expect it to shed roughly R 82 547 more. As a weak-franchise 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 2023 Mahindra Scorpio-N cost new?

About R 415 587 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 59% of that.

What would financing a 2023 Mahindra Scorpio-N cost monthly?

At R 245 028 over 72 months at 11.75% with 10% down, roughly R 4 283 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

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Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.