Mitsubishi Colt value and depreciation
Known for tough 2800 tdi diesel workhorse.
Depreciation curve
We class the Mitsubishi Colt as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 76% after three years and 65% after five. Fleet, farm and family demand puts a floor under these. Expect roughly 75% retention after three years and strong rural resale forever.
Retention table
| After | Retained |
|---|---|
| 1 year | 87% |
| 3 years | 76% |
| 5 years | 65% |
| 7 years | 54% |
| 10 years | 40% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
The Colt was Mitsubishi's workhorse bakkie in South Africa through the 1990s and 2000s, assembled locally and popular with farmers and builders. The 2800 TDi Rodeo double cab in particular earned a loyal following for durability. The Triton replaced it from 2007, and clean used Colts still sell quickly nearly two decades on.
Colt against its rivals
Mitsubishi Colt: common questions
Does the Mitsubishi Colt hold its value?
We class the Mitsubishi Colt as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 76% after three years and 65% after five. Fleet, farm and family demand puts a floor under these. Expect roughly 75% retention after three years and strong rural resale forever.
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All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.