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What is a 2024 Renault Kwid worth?

Our estimate for a 2-year-old Renault Kwid in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 108 700
R 98 917 to R 118 483
Trade-in offer
R 95 656
what a dealer would pay
Cost new (est.)
R 160 642
2024 launch pricing
Value kept
68%
R 51 942 depreciated

The 2024 Kwid on its value curve

R0R50kR100kR150kR200kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 32% 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 108 700
Worth in 1 yearR 95 276
Worth in 3 yearsR 73 196
3-year cost of ownership (depreciation)R 35 504
±Monthly financedR 1 900/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 130 837See value →
2024 (this page)R 108 700+R 22 137 to newest
2023R 90 309+R 40 528 to newestSee value →

2024 Renault Kwid: common questions

What is a 2024 Renault Kwid worth in South Africa?

Around R 108 700 as a retail asking price, with clean low-mileage examples reaching R 118 483 and higher-mileage cars closer to R 98 917. A dealer trade-in offer would sit near R 95 656.

Is a 2024 Renault Kwid a good buy now?

It has already absorbed 32% of its new-car depreciation. If you buy at R 108 700 and keep it three years, expect it to shed roughly R 35 504 more. As a weak-franchise mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Renault Kwid cost new?

About R 160 642 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 68% of that.

What would financing a 2024 Renault Kwid cost monthly?

At R 108 700 over 72 months at 11.75% with 10% down, roughly R 1 900 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.