What is a 2016 MG MG3 worth?
Our estimate for a 10-year-old MG MG3 in average condition with typical mileage, on 2026 market pricing.
The 2016 MG3 on its value curve
The marker shows where a 2016 model sits today: 10 years in, 81% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 15% a year.
If you buy it now
| Fair buy price (retail) | R 29 439 |
| Worth in 1 year | R 25 023 |
| Worth in 3 years | R 18 079 |
| 3-year cost of ownership (depreciation) | R 11 360 |
| ±Monthly financed | R 515/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2017 | R 36 539 | — | See value → |
| 2016 (this page) | R 29 439 | +R 7 100 to newest | |
| 2015 | R 23 719 | +R 12 820 to newest | See value → |
2016 MG MG3: common questions
What is a 2016 MG MG3 worth in South Africa?
Around R 29 439 as a retail asking price, with clean low-mileage examples reaching R 32 089 and higher-mileage cars closer to R 26 789. A dealer trade-in offer would sit near R 25 906.
Is a 2016 MG MG3 a good buy now?
It has already absorbed 81% of its new-car depreciation. If you buy at R 29 439 and keep it three years, expect it to shed roughly R 11 360 more. As a chinese (new entrant) model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2016 MG MG3 cost new?
About R 158 008 at launch pricing in 2016 (our estimate, deflated from today's list price). It has kept 19% of that.
What would financing a 2016 MG MG3 cost monthly?
At R 29 439 over 72 months at 11.75% with 10% down, roughly R 515 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.