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What is a 2022 MG MG3 worth?

Our estimate for a 4-year-old MG MG3 in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 105 141
R 95 678 to R 114 604
Trade-in offer
R 92 524
what a dealer would pay
Cost new (est.)
R 217 868
2022 launch pricing
Value kept
48%
R 112 727 depreciated

The 2022 MG3 on its value curve

R0R75kR150kR225kR300kNow1y2y3y4y5y6y7y8y9yYears from now

The marker shows where a 2022 model sits today: 4 years in, 52% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 14% a year.

If you buy it now

Fair buy price (retail)R 105 141
Worth in 1 yearR 90 421
Worth in 3 yearsR 66 098
3-year cost of ownership (depreciation)R 39 043
±Monthly financedR 1 838/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2023R 128 981See value →
2022 (this page)R 105 141+R 23 840 to newest
2021R 85 707+R 43 274 to newestSee value →

2022 MG MG3: common questions

What is a 2022 MG MG3 worth in South Africa?

Around R 105 141 as a retail asking price, with clean low-mileage examples reaching R 114 604 and higher-mileage cars closer to R 95 678. A dealer trade-in offer would sit near R 92 524.

Is a 2022 MG MG3 a good buy now?

It has already absorbed 52% of its new-car depreciation. If you buy at R 105 141 and keep it three years, expect it to shed roughly R 39 043 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 2022 MG MG3 cost new?

About R 217 868 at launch pricing in 2022 (our estimate, deflated from today's list price). It has kept 48% of that.

What would financing a 2022 MG MG3 cost monthly?

At R 105 141 over 72 months at 11.75% with 10% down, roughly R 1 838 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.