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

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

Retail value today
R 1 322 369
R 1 203 356 to R 1 441 382
Trade-in offer
R 1 163 685
what a dealer would pay
Cost new (est.)
R 2 136 493
2023 launch pricing
Value kept
62%
R 814 124 depreciated

The 2023 V-Class on its value curve

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 38% 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 1 322 369
Worth in 1 yearR 1 145 947
Worth in 3 yearsR 860 573
3-year cost of ownership (depreciation)R 461 796
±Monthly financedR 23 113/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 1 591 037See value →
2023 (this page)R 1 322 369+R 268 668 to newest
2022R 1 086 205+R 504 832 to newestSee value →

2023 Mercedes-Benz V-Class: common questions

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

Around R 1 322 369 as a retail asking price, with clean low-mileage examples reaching R 1 441 382 and higher-mileage cars closer to R 1 203 356. A dealer trade-in offer would sit near R 1 163 685.

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

It has already absorbed 38% of its new-car depreciation. If you buy at R 1 322 369 and keep it three years, expect it to shed roughly R 461 796 more. As a premium (established) model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2023 Mercedes-Benz V-Class cost new?

About R 2 136 493 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 62% of that.

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

At R 1 322 369 over 72 months at 11.75% with 10% down, roughly R 23 113 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.