What is a 2020 MG MG3 worth?
Our estimate for a 6-year-old MG MG3 in average condition with typical mileage, on 2026 market pricing.
The 2020 MG3 on its value curve
The marker shows where a 2020 model sits today: 6 years in, 64% 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 69 866 |
| Worth in 1 year | R 59 386 |
| Worth in 3 years | R 42 906 |
| 3-year cost of ownership (depreciation) | R 26 960 |
| ±Monthly financed | R 1 221/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2021 | R 85 707 | — | See value → |
| 2020 (this page) | R 69 866 | +R 15 841 to newest | |
| 2019 | R 56 290 | +R 29 417 to newest | See value → |
2020 MG MG3: common questions
What is a 2020 MG MG3 worth in South Africa?
Around R 69 866 as a retail asking price, with clean low-mileage examples reaching R 76 154 and higher-mileage cars closer to R 63 578. A dealer trade-in offer would sit near R 61 482.
Is a 2020 MG MG3 a good buy now?
It has already absorbed 64% of its new-car depreciation. If you buy at R 69 866 and keep it three years, expect it to shed roughly R 26 960 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 2020 MG MG3 cost new?
About R 195 744 at launch pricing in 2020 (our estimate, deflated from today's list price). It has kept 36% of that.
What would financing a 2020 MG MG3 cost monthly?
At R 69 866 over 72 months at 11.75% with 10% down, roughly R 1 221 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.