Ineos Grenadier vs Toyota Land Cruiser 76/79
Value retention, real cost and monthly money, compared on the same 2026 South African data.
The Toyota Land Cruiser 76/79 wins on money kept: 79% retained after three years vs 59%, worth about R 230 280 at trade-in time.
Both curves, one chart
Head to head
| Grenadier | Land Cruiser 76/79 | |
|---|---|---|
| New price (from) | R 1 519 000 | R 849 300 |
| ±Monthly instalment | R 26 550/m | R 14 844/m |
| Retained after 1 year | 79% | 90% |
| Retained after 3 years | 59% | 79% |
| Value after 3 years | R 898 029 | R 667 749 |
| Lost to depreciation (3y) | R 620 971 | R 181 551 |
| Value after 5 years | R 656 459 | R 573 405 |
| Our tier | Premium (established) | Legendary retainer |
Ineos Grenadier →
Built as a spiritual successor to the old Defender, the Grenadier arrived in SA in 2023 with BMW-sourced 3.0 turbo petrol or diesel sixes on a full ladder frame. Station wagon pricing starts around R1.52 million in 2026, with a cheaper two-seat commercial version below that. Early local depreciation has been noticeable as the young brand finds its feet.
Known for: old defender formula, bmw engines
Toyota Land Cruiser 76/79 →
The 70 Series has been sold in South Africa in essentially the same form for decades, as the 79 single and double cab bakkie and the 76 wagon and 78 Troop Carrier. Farmers, mines and safari operators buy them for solid axles and total simplicity. Supply is permanently short and used prices sit astonishingly close to new.
Known for: farm and bush workhorse that barely depreciates
Common questions
Which holds value better, the Ineos Grenadier or the Toyota Land Cruiser 76/79?
The Toyota Land Cruiser 76/79. It keeps about 79% of its price after three years against 59% for the Ineos Grenadier, a gap of 20 points.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Ineos Grenadier loses about R 620 971 over three years and the Toyota Land Cruiser 76/79 loses about R 181 551. 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 Ineos Grenadier runs about R 26 550 per month and the Toyota Land Cruiser 76/79 about R 14 844, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.