Mazda 323 value and depreciation
Known for locally built budget stalwart of the 90s.
Depreciation curve
We class the Mazda 323 as a mainstream in our 12-tier model, which puts its retention at roughly 66% after three years and 53% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Retention table
| After | Retained |
|---|---|
| 1 year | 82% |
| 3 years | 66% |
| 5 years | 53% |
| 7 years | 41% |
| 10 years | 28% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
A cornerstone of Mazda's South African history, the 323 was built locally by Samcor and kept on as an entry-level model until 2003, wearing badges like Sting and Midge along the way. An SA-built version was even exported to the UK as the Sao Penza in the early 1990s. It still has a presence in the budget used market thanks to cheap, plentiful parts.
323 against its rivals
Mazda 323: common questions
Does the Mazda 323 hold its value?
We class the Mazda 323 as a mainstream in our 12-tier model, which puts its retention at roughly 66% after three years and 53% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.