What is a 2020 Mahindra Thar worth?
Our estimate for a 6-year-old Mahindra Thar in average condition with typical mileage, on 2026 market pricing.
The 2020 Thar on its value curve
The marker shows where a 2020 model sits today: 6 years in, 60% 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 117 273 |
| Worth in 1 year | R 101 825 |
| Worth in 3 years | R 76 766 |
| 3-year cost of ownership (depreciation) | R 40 507 |
| ±Monthly financed | R 2 050/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2020 (this page) | R 117 273 | — | |
| 2019 | R 101 825 | +R 15 448 to newest | See value → |
2020 Mahindra Thar: common questions
What is a 2020 Mahindra Thar worth in South Africa?
Around R 117 273 as a retail asking price, with clean low-mileage examples reaching R 127 828 and higher-mileage cars closer to R 106 718. A dealer trade-in offer would sit near R 103 200.
Is a 2020 Mahindra Thar a good buy now?
It has already absorbed 60% of its new-car depreciation. If you buy at R 117 273 and keep it three years, expect it to shed roughly R 40 507 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 2020 Mahindra Thar cost new?
About R 293 999 at launch pricing in 2020 (our estimate, deflated from today's list price). It has kept 40% of that.
What would financing a 2020 Mahindra Thar cost monthly?
At R 117 273 over 72 months at 11.75% with 10% down, roughly R 2 050 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.