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What is a 2024 Mahindra XUV700 worth?

Our estimate for a 2-year-old Mahindra XUV700 in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 295 629
R 269 022 to R 322 236
Trade-in offer
R 260 154
what a dealer would pay
Cost new (est.)
R 444 913
2024 launch pricing
Value kept
66%
R 149 284 depreciated

The 2024 XUV700 on its value curve

R0R125kR250kR375kR500kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 34% 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 295 629
Worth in 1 yearR 257 605
Worth in 3 yearsR 195 599
3-year cost of ownership (depreciation)R 100 030
±Monthly financedR 5 167/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 357 925See value →
2024 (this page)R 295 629+R 62 296 to newest
2023R 244 174+R 113 751 to newestSee value →

2024 Mahindra XUV700: common questions

What is a 2024 Mahindra XUV700 worth in South Africa?

Around R 295 629 as a retail asking price, with clean low-mileage examples reaching R 322 236 and higher-mileage cars closer to R 269 022. A dealer trade-in offer would sit near R 260 154.

Is a 2024 Mahindra XUV700 a good buy now?

It has already absorbed 34% of its new-car depreciation. If you buy at R 295 629 and keep it three years, expect it to shed roughly R 100 030 more. As a weak-franchise mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Mahindra XUV700 cost new?

About R 444 913 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 66% of that.

What would financing a 2024 Mahindra XUV700 cost monthly?

At R 295 629 over 72 months at 11.75% with 10% down, roughly R 5 167 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.