Nissan Magnite vs Suzuki Ignis
Value retention, real cost and monthly money, compared on the same 2026 South African data.
The Suzuki Ignis wins on money kept: 73% retained after three years vs 67%, worth about R 4 429 at trade-in time.
Both curves, one chart
Head to head
| Magnite | Ignis | |
|---|---|---|
| New price (from) | R 252 200 | R 237 900 |
| ±Monthly instalment | R 4 408/m | R 4 158/m |
| Retained after 1 year | 83% | 86% |
| Retained after 3 years | 67% | 73% |
| Value after 3 years | R 169 740 | R 174 170 |
| Lost to depreciation (3y) | R 82 460 | R 63 730 |
| Value after 5 years | R 135 450 | R 145 660 |
| Our tier | Mainstream | Strong mainstream |
Nissan Magnite →
Launched in April 2021, the Indian-built Magnite gave Nissan a foothold in the budget compact SUV boom. Sharp pricing and a 6-year/150,000 km warranty quickly made it the brand's best-selling passenger car. A 2024 facelift added updated styling and even a panel van version.
Known for: aggressive pricing and a long warranty
Suzuki Ignis →
A crossover-styled small hatch sold in SA since 2017. The Ignis appeals to buyers wanting SUV looks at hatchback money, backed by very light fuel consumption. Volumes are modest next to the Swift and Fronx, so the used pool is smaller.
Known for: quirky styling and light fuel use
Common questions
Which holds value better, the Nissan Magnite or the Suzuki Ignis?
The Suzuki Ignis. It keeps about 73% of its price after three years against 67% for the Nissan Magnite, a gap of 6 points.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Nissan Magnite loses about R 82 460 over three years and the Suzuki Ignis loses about R 63 730. 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 Nissan Magnite runs about R 4 408 per month and the Suzuki Ignis about R 4 158, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.