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What is the resale value of a Suzuki Baleno?

Our long term Baleno just can't stop winning, we've touched on the depreciation of a Baleno but let's chat about resale value here.

Buying a Car4 min read

Our long-term Suzuki Baleno has settled well in our fleet. The team has enjoyed the frugality as well as what the Baleno offers. You can read our many articles and check out our thoughts here.

Related: Suzuki Swift (2024) versus Suzuki Swift (2023) - Video Review

The current Baleno launched about 3 years ago at the time of writing. Let's delve into how much the resale value is for a Suzuki Baleno in  1.5 GLX manual trim (Our test unit) and 1.5GL Manual and Auto to get a decent comparison.


Side shot of a Suzuki Baleno.


How do I find out how much my Suzuki Baleno is worth?


Using the AutoTrader website, here's an easy way to determine how much your Suzuki Baleno is worth.

Use the "Value Your Car" tool on AutoTrader to estimate your car's worth based on several parameters. To use this tool, follow these steps:

  • Head to AutoTrader
  • Click on "Value Your Car" in the top menu.
  • Enter your car's make, model, year, mileage, and condition. You can also select certain specifications, like your trim, in this instance, the 1.5 GLX.
  • Click "Get Valuation".
  • Review the estimated value of your car. That should give you a decent gauge.


Another option is to check out similar models to your Baleno on AutoTrader to find out what your Baleno is worth compared to similar models on the website.

  • Hop onto AutoTrader
  • Click on "Cars For Sale" in the top menu.
  • Type "Suzuki Baleno" in the search bar and click "Search" or click here to search for Suzuki Baleno models.
  • Browse through the listings to find cars similar to yours in terms of year, mileage, and condition.
  • Save the prices of the cars that match your search parameters.
  • Use the prices you found as a guide to estimate the value of your car. 


Suzuki Baleno badge highlight


What is the difference between trade and retail values?


There's quite a substantial difference between trade- and retail values, with trade being significantly lower than the retail value (as much as 20% lower, in most cases). This is mainly due to the fact that there's a mark-up for dealers built into the retail value – buying cheap and selling dear, as it were. Of course, these values are somewhat arbitrary and can be influenced by the popularity of your specific car in the second-hand trade, as well as a car's reputation among pre-owned dealers. - Martin Pretorius

Read his article here on How to know how much your car is worth 

Alternatively, take the quickest and easiest route to sell your car: Try our Instant Offer tool! 


Suzuki Baleno GLX 16 inch wheels


What affects the value of your Suzuki Baleno?


There are a few factors that affect value, so let's take a look at the easy ones first:

  • The model year. The newer the car, the higher the price.
  • The car's condition: The better the vehicle's state, the higher the price. Higher mileage also affects this. A complete service history and other evidence, like a clean car, also raise value.
  • Features: Additional features can also affect value, but it is not always a given that a car with more features will cost more than one with fewer features. Modifications don't tend to add value.
  • Location: Cars in high-demand areas frequently cost more than those in low-demand areas. You'll be surprised how this affects a vehicle's value
  • Demand: Cars with high demand typically fetch a higher price than those with low demand. 


Suzuki Baleno GLX interior


Do Suzuki Baleno models hold their value?

Our data showed that the 1.5 GLX manual retains at least 90% of its value for the 2023 model year. The 1.5 GL manual and auto variants almost lost no value from their 2023 new price, while the auto variant lost 10% of its value. From what we can see, the Baleno holds its value rather well.

  • Competitive pricing: The Baleno competes within a very competitive segment
  • Demand: The Baleno is in decent demand, as recent popularity figures indicate.
  • Supply: Buyers may look elsewhere if stock is a potential issue and there's a waiting time involved.
  • Practicality: The Baleno may be less practical than its newer rivals.


Suzuki Baleno front half shot


How much is a new Suzuki Baleno?

As of typing this article, here's how much the Suzuki Baleno variants cost:

ModelPrice
Suzuki Baleno 1.5 GL manualfrom R260 900
Suzuki Baleno 1.5 GL autofrom R284 900
Suzuki Baleno 1.5 GLX manualfrom R316 900
Suzuki Baleno 1.5 GLX autofrom R336 900

*Pricing stated here was correct at the time of publishing but is subject to change without prior notice.

Author - Tayedza Mbiri

Written by Tayedza Mbiri

Starting his petrol-infused passion at a ripe young age playing a plethora of racing video games, Taye has been into the motoring industry for years. During his university years studying Law, he dipped his toes into motoring photography, videography, and exploring what Southern Africa has to offer for the motoring scene at large. Most recently, he presented a YouTube series for a famous Japanese manufacturer and now finds himself fresh on the AutoTrader content creation team. He hopes to own a 90s Subaru one day soon. Read more

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