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What is a 2023 Mahindra XUV700 worth?

Our estimate for a 3-year-old Mahindra XUV700 in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 244 174
R 222 198 to R 266 150
Trade-in offer
R 214 873
what a dealer would pay
Cost new (est.)
R 421 718
2023 launch pricing
Value kept
58%
R 177 544 depreciated

The 2023 XUV700 on its value curve

R0R125kR250kR375kR500kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 42% 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 244 174
Worth in 1 yearR 212 768
Worth in 3 yearsR 159 720
3-year cost of ownership (depreciation)R 84 454
±Monthly financedR 4 268/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 295 629See value →
2023 (this page)R 244 174+R 51 455 to newest
2022R 201 676+R 93 953 to newestSee value →

2023 Mahindra XUV700: common questions

What is a 2023 Mahindra XUV700 worth in South Africa?

Around R 244 174 as a retail asking price, with clean low-mileage examples reaching R 266 150 and higher-mileage cars closer to R 222 198. A dealer trade-in offer would sit near R 214 873.

Is a 2023 Mahindra XUV700 a good buy now?

It has already absorbed 42% of its new-car depreciation. If you buy at R 244 174 and keep it three years, expect it to shed roughly R 84 454 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 XUV700 cost new?

About R 421 718 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 58% of that.

What would financing a 2023 Mahindra XUV700 cost monthly?

At R 244 174 over 72 months at 11.75% with 10% down, roughly R 4 268 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.