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What is a 2016 Renault Megane worth?

Our estimate for a 10-year-old Renault Megane in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 110 240
R 100 318 to R 120 162
Trade-in offer
R 97 011
what a dealer would pay
Cost new (est.)
R 618 624
2016 launch pricing
Value kept
18%
R 508 384 depreciated

The 2016 Megane on its value curve

R0R175kR350kR525kR700kNow2y4y6y8y10y12y14y15yYears from now

The marker shows where a 2016 model sits today: 10 years in, 82% 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 110 240
Worth in 1 yearR 93 572
Worth in 3 yearsR 67 415
3-year cost of ownership (depreciation)R 42 825
±Monthly financedR 1 927/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2017R 137 021See value →
2016 (this page)R 110 240+R 26 781 to newest
2015R 88 694+R 48 327 to newestSee value →

2016 Renault Megane: common questions

What is a 2016 Renault Megane worth in South Africa?

Around R 110 240 as a retail asking price, with clean low-mileage examples reaching R 120 162 and higher-mileage cars closer to R 100 318. A dealer trade-in offer would sit near R 97 011.

Is a 2016 Renault Megane a good buy now?

It has already absorbed 82% of its new-car depreciation. If you buy at R 110 240 and keep it three years, expect it to shed roughly R 42 825 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 2016 Renault Megane cost new?

About R 618 624 at launch pricing in 2016 (our estimate, deflated from today's list price). It has kept 18% of that.

What would financing a 2016 Renault Megane cost monthly?

At R 110 240 over 72 months at 11.75% with 10% down, roughly R 1 927 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.