MG MG3 value and depreciation
Known for undercutting swift and starlet on price.
Projected value of a new MG MG3
We class the MG MG3 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 56% after three years and 42% after five. No resale track record yet, frequent launch-price cuts and fast model churn. Buy on price, not on resale.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 75% | R 202 425 | R 178 134 |
| 3 years | 56% | R 151 454 | R 133 280 |
| 5 years | 42% | R 112 016 | R 98 574 |
| 7 years | 30% | R 81 883 | R 72 057 |
| 10 years | 19% | R 50 287 | R 44 253 |
Estimates for a new purchase at R 269 900; retail basis, trade-in ≈ 12% under retail.
MG's entry hatch first appeared in SA in 2013 during the CMH era and returned in 2025 in its new generation, priced from R269,900. A self-charging Hybrid+ flagship at R469,900 gives it a powertrain most rivals in this class lack. Resale is unproven and the earlier 2013 to 2016 cars trade cheaply with limited parts backup.
What used MG3 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 MG3 | R 269 900 | R 237 512 | Details → |
| 2025 MG3 | R 191 872 | R 168 847 | Details → |
| 2024 MG3 | R 156 407 | R 137 638 | Details → |
| 2023 MG3 | R 128 981 | R 113 503 | Details → |
| 2022 MG3 | R 105 141 | R 92 524 | Details → |
| 2021 MG3 | R 85 707 | R 75 422 | Details → |
| 2020 MG3 | R 69 866 | R 61 482 | Details → |
| 2019 MG3 | R 56 290 | R 49 535 | Details → |
| 2018 MG3 | R 45 352 | R 39 910 | Details → |
| 2017 MG3 | R 36 539 | R 32 154 | Details → |
| 2016 MG3 | R 29 439 | R 25 906 | Details → |
| 2015 MG3 | R 23 719 | R 20 873 | Details → |
MG3 against its rivals
MG MG3: common questions
What is a MG MG3 worth after 3 years?
A MG MG3 bought new today for R 269 900 is projected to be worth about R 151 454 after three years, which is 56% of its price. A dealer trade-in offer would sit closer to R 133 280.
Does the MG MG3 hold its value?
We class the MG MG3 as a chinese (new entrant) in our 12-tier model, which puts its retention at roughly 56% after three years and 42% after five. No resale track record yet, frequent launch-price cuts and fast model churn. Buy on price, not on resale.
What does a used MG MG3 cost?
As a guide: a 2024 model is worth about R 156 407 retail today, while a 2015 model sits around R 23 719. Condition, mileage and spec move real prices by 10% or more either way.
What would a MG MG3 cost per month?
Financing a new MG MG3 at R 269 900 over 72 months at 11.75% with a 10% deposit comes to roughly R 4 717 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.