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Honda Amaze vs Kia Pegas

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 62% of their value over three years. Decide on the deal, not the badge.

Both curves, one chart

R0R75kR150kR225kR300kNow1y2y3y4y5y6y7y8yYears from now
Honda Amaze Kia Pegas

Head to head

AmazePegas
New price (from)R 256 800R 292 995
±Monthly instalmentR 4 488/mR 5 121/m
Retained after 1 year79%79%
Retained after 3 years62%62%
Value after 3 yearsR 158 715R 181 085
Lost to depreciation (3y)R 98 085R 111 910
Value after 5 yearsR 121 239R 138 327
Our tierBudget & entry levelBudget & entry level

Honda Amaze

The Amaze started out in SA as the Brio-based sedan in 2013 and became a standalone budget sedan with the 2018 second generation, followed by a new model in 2025. It sells to buyers who want an affordable, dependable small sedan, and CVT versions are popular with e-hailing drivers. Resale holds up well for the price bracket thanks to Honda's reliability reputation.

Known for: cheap dependable automatic sedan motoring

Kia Pegas

A Chinese-built budget sedan sold here since 2018, offering more boot space per rand than most rivals. E-hailing drivers and fleet buyers make up a big slice of sales. Resale is average and the used market carries plenty of high-mileage examples.

Known for: big-boot budget sedan for e-hailing

Common questions

Which holds value better, the Honda Amaze or the Kia Pegas?

They are close to inseparable: 62% vs 62% 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 Honda Amaze loses about R 98 085 over three years and the Kia Pegas loses about R 111 910. 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 Honda Amaze runs about R 4 488 per month and the Kia Pegas about R 5 121, before fees and insurance.

Keep going

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