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What is a 2023 Renault Kwid worth?

Our estimate for a 3-year-old Renault Kwid in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 90 309
R 82 181 to R 98 437
Trade-in offer
R 79 472
what a dealer would pay
Cost new (est.)
R 152 268
2023 launch pricing
Value kept
59%
R 61 959 depreciated

The 2023 Kwid on its value curve

R0R50kR100kR150kR200kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 41% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 12% a year.

If you buy it now

Fair buy price (retail)R 90 309
Worth in 1 yearR 79 156
Worth in 3 yearsR 60 153
3-year cost of ownership (depreciation)R 30 156
±Monthly financedR 1 578/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 108 700See value →
2023 (this page)R 90 309+R 18 391 to newest
2022R 75 029+R 33 671 to newestSee value →

2023 Renault Kwid: common questions

What is a 2023 Renault Kwid worth in South Africa?

Around R 90 309 as a retail asking price, with clean low-mileage examples reaching R 98 437 and higher-mileage cars closer to R 82 181. A dealer trade-in offer would sit near R 79 472.

Is a 2023 Renault Kwid a good buy now?

It has already absorbed 41% of its new-car depreciation. If you buy at R 90 309 and keep it three years, expect it to shed roughly R 30 156 more. As a weak-franchise mainstream model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.

What did a 2023 Renault Kwid cost new?

About R 152 268 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 59% of that.

What would financing a 2023 Renault Kwid cost monthly?

At R 90 309 over 72 months at 11.75% with 10% down, roughly R 1 578 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.