The Swift is a fairly common sight on South African roads, and for good reason. The demand for affordable and dependable motoring was fulfilled with the Swift. One thing that also surprised many drivers was the fact that the Swift has personality and is fun to drive. As a result, it comes as no surprise why the Swift tends to sell so well in South Africa. With this in mind, one would wonder what the resale value would be for a Swift.
Related: How popular is the Suzuki Swift?
How do I find out how much my Suzuki Swift is worth?
Using the AutoTrader website, here's an easy way to determine how much your Suzuki Swift 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:
- Go 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.
- Click "Get Valuation".
- Review the estimated value of your car.
Another option is to check out similar models to your Swift on AutoTrader to find out what your Swift is worth compared to similar models on the website.
- Go to AutoTrader
- Click on "Cars For Sale" in the top menu.
- Type "Suzuki Swift" in the search bar and click "Search" or click here to search for Suzuki Swift 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.
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, AutoTrader.
Read his article How to know how much your car is worth here.
Or take the quickest and easiest route to sell your car: Try our Instant Offer tool!
Search for used Suzuki Swift models here.
What affects the value of your Suzuki Swift?
A variety of factors affect value, so let's take a look at the obvious ones first:
- The model year. The newer the car, the higher the price.
- The car's condition: The better the state of the car, the higher the price. Higher mileage also affects this. Additionally, a complete service history raises 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.
Do Suzuki Swift models hold their value?
Looking at the Suzuki Swift in the mid-range GL manual trim as a barometer, this model retains around 80% of its value after two years if we compare pre-owned 2018 models to their new price. When looking at the 2024 models, we should consider whether they still retain about 90% of their value. What affects the values? This could come down to a variety of factors:
- Competitive pricing: The Swift competes within one of the most hotly contested
- Demand: There is a lower demand for the Swift towards the end of its lifespan.
- Supply: Buyers may look elsewhere if stock is a potential issue and there's a waiting time involved.
- Practicality: The Swift may be less practical than its newer rivals.
How much is a new Suzuki Swift?
At the time of writing (April 2024), pricing for the Suzuki Swift in GL trim was as follows:
Suzuki Swift GL manual new pricing (2024): R225 900
