Skip to content

What is a 2023 Mercedes-Benz S-Class worth?

Our estimate for a 3-year-old Mercedes-Benz S-Class in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 1 216 058
R 1 106 613 to R 1 325 503
Trade-in offer
R 1 070 131
what a dealer would pay
Cost new (est.)
R 2 258 701
2023 launch pricing
Value kept
54%
R 1 042 643 depreciated

The 2023 S-Class on its value curve

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 46% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 17% a year.

If you buy it now

Fair buy price (retail)R 1 216 058
Worth in 1 yearR 1 011 760
Worth in 3 yearsR 700 365
3-year cost of ownership (depreciation)R 515 693
±Monthly financedR 21 255/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 1 522 778See value →
2023 (this page)R 1 216 058+R 306 720 to newest
2022R 959 014+R 563 764 to newestSee value →

2023 Mercedes-Benz S-Class: common questions

What is a 2023 Mercedes-Benz S-Class worth in South Africa?

Around R 1 216 058 as a retail asking price, with clean low-mileage examples reaching R 1 325 503 and higher-mileage cars closer to R 1 106 613. A dealer trade-in offer would sit near R 1 070 131.

Is a 2023 Mercedes-Benz S-Class a good buy now?

It has already absorbed 46% of its new-car depreciation. If you buy at R 1 216 058 and keep it three years, expect it to shed roughly R 515 693 more. As a luxury flagship & exotic 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 Mercedes-Benz S-Class cost new?

About R 2 258 701 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 54% of that.

What would financing a 2023 Mercedes-Benz S-Class cost monthly?

At R 1 216 058 over 72 months at 11.75% with 10% down, roughly R 21 255 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.