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What is a 2016 Mahindra Thar worth?

Our estimate for a 10-year-old Mahindra Thar in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 59 885
R 54 495 to R 65 275
Trade-in offer
R 52 699
what a dealer would pay
Cost new (est.)
R 264 144
2016 launch pricing
Value kept
23%
R 204 259 depreciated

The 2016 Thar on its value curve

R0R75kR150kR225kR300kNow2y4y6y8y10y12y14y15yYears from now

The marker shows where a 2016 model sits today: 10 years in, 77% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 13% a year.

If you buy it now

Fair buy price (retail)R 59 885
Worth in 1 yearR 51 997
Worth in 3 yearsR 39 200
3-year cost of ownership (depreciation)R 20 685
±Monthly financedR 1 047/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2017R 72 764See value →
2016 (this page)R 59 885+R 12 879 to newest
2015R 49 286+R 23 478 to newestSee value →

2016 Mahindra Thar: common questions

What is a 2016 Mahindra Thar worth in South Africa?

Around R 59 885 as a retail asking price, with clean low-mileage examples reaching R 65 275 and higher-mileage cars closer to R 54 495. A dealer trade-in offer would sit near R 52 699.

Is a 2016 Mahindra Thar a good buy now?

It has already absorbed 77% of its new-car depreciation. If you buy at R 59 885 and keep it three years, expect it to shed roughly R 20 685 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 2016 Mahindra Thar cost new?

About R 264 144 at launch pricing in 2016 (our estimate, deflated from today's list price). It has kept 23% of that.

What would financing a 2016 Mahindra Thar cost monthly?

At R 59 885 over 72 months at 11.75% with 10% down, roughly R 1 047 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.