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BMW X3 vs Volvo XC60

Value retention, real cost and monthly money, compared on the same 2026 South African data.

The short answer

Too close to call on resale: both keep about 61% of their value over three years. Decide on the deal, not the badge.

Both curves, one chart

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now
BMW X3 Volvo XC60

Head to head

X3XC60
New price (from)R 1 077 260R 1 058 400
±Monthly instalmentR 18 829/mR 18 499/m
Retained after 1 year80%80%
Retained after 3 years61%61%
Value after 3 yearsR 659 536R 647 989
Lost to depreciation (3y)R 417 724R 410 411
Value after 5 yearsR 492 126R 483 511
Our tierPremium (established)Premium (established)

BMW X3

Built at Rosslyn since 2018 for local sale and export, the X3 is BMW South Africa's most important model. It fights the Mercedes GLC and Audi Q5 and is the brand's biggest local seller. Steady used demand keeps trade-in values healthier than most premium rivals.

Known for: locally built and bmw sa's biggest seller

Volvo XC60

On sale in South Africa since 2009 across two generations, the XC60 is Volvo's rival to the X3 and GLC. Current mild-hybrid models start at about R1.06m, while older used stock is dominated by D5 diesels. A strong safety reputation supports steady used demand.

Known for: safe, comfortable alternative to german suvs

Common questions

Which holds value better, the BMW X3 or the Volvo XC60?

They are close to inseparable: 61% vs 61% retained after three years. Buy on price, spec and the deal you can get, not on resale.

Which is cheaper to own over three years?

Depreciation is the biggest ownership cost. The BMW X3 loses about R 417 724 over three years and the Volvo XC60 loses about R 410 411. Fuel, insurance and servicing can narrow or widen that, but the depreciation gap is the number to start from.

What do they cost per month?

On typical finance (10% deposit, 72 months, 11.75%), the BMW X3 runs about R 18 829 per month and the Volvo XC60 about R 18 499, before fees and insurance.

Keep going

Modelled estimates on a retail basis; spec levels and real transaction prices vary.