How do I find out how much my used car is worth?
The Picanto has been a favourite for city car lovers, and for good reason. You can't go wrong with a vehicle that's built solid with fun driving dynamics from the ground up but has enough creature comforts to keep you cosy and fuss-free while you're driving. You can check out our Picanto reviews here.
Get a free valuation of your car here
The third generation Picanto received some substantial upgrades, including safety and tech that you'd find in more luxurious and expensive vehicles, and it's not just in the interior features but even with the Smartstream engines promoting efficiency and decent power. Vibrance and character were also major touchpoints, and you'll see a few funky colours and customisation options. If you have one, you know how fun this car is but maybe the time has come to sell, so how much is your third generation worth?
How to find out how much my third gen Kia Picanto is worth
As great as the Kia Picanto, selling your car is inevitable. Perhaps you want a different car because life circumstances and needs have changed, which would lead to you needing a bigger vehicle, like maybe a Kia Seltos, for example. With this in mind, you want to get the best value possible out of your car when the time comes to sell. You'll have to do a bit of research, but with the right information, you'll be less likely to lose money and be realistic with what you currently have.
See what current third-gen Kia Picantos are selling for on AutoTrader.
What affects the value of your third-gen Kia Picanto?
To start with, you can value your Picanto here to get an indicative price. There are a few ways to inspect your car's worth, either in person or online. In-person assessments are the best way to go about this, but they require some more effort. Online tools can indicate what you can get, but pictures and videos can only go so far. An In-person assessment ideally can give the exact amount a dealer or even private buyer would be looking at forking out. It's worth noting that values will differ between dealers and private buyers as dealers need to make money and cover the costs of a sale.
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There are a few things to consider that will affect the value of your Picanto: The Picanto was fairly popular, and you'll find plenty of decent examples floating around, but there will also be some neglected ones. There were eleven different variants available when we look at the start of the third generation Picanto at its launch in 2017. As you go up the range, the tech and features ramp up, which can affect the Picanto's value depending on what the current market is after. Mileage is a significant factor because, generally speaking, the higher the mileage, the lower the value versus low mileage vehicles. This is due to high-mileage vehicles having more worn-out components due to frequent use. It's also worth noting that this vehicle does get used for e-Hailing services too. Another factor is if the vehicle has been maintained with a comprehensive service history that shows the potential buyer that the vehicle has been well-maintained and cared for. Don't forget that modifications affect the value of your vehicle, and there's more on that here.
Do third gen Kia Picantos hold their value?
We'll use the 2017 launch pricing of the third-generation Kia Picanto as a yardstick to estimate its worth. Except for the 1.2 Style and 1.2 Start AT of which we couldn't find current market value on, the Picanto has dropped in value in an around the R20k - R40k range but it's held value decently enough. The market is pretty saturated with these vehicles and they're in demand hence the figures below.
| Model | Price as new (2017) | Current Market Value (2024) |
| Kia Picanto 1.2 Start | from R150 995 | from R120 000 |
| Kia Picanto 1.2 Street | from R165 995 | from R139 900 |
| Kia Picanto 1.0 Smart | from R179 995 | from R137 000 |
| Kia Picanto 1.2 Style | from R175 995 | (No data) |
| Kia Picanto 1.0 Style AT | from R172 995 | from R149 000 |
| Kia Picanto 1.2 Style AT | from R188 995 | from R154 000 |
| Kia Picanto 1.0 Style | from R159 995 | from R138 000 |
| Kia Picanto 1.0 Street | from R149 995 | from R114 000 |
| Kia Picanto 1.0 Start | from R134 995 | from R123 000 |
| Kia Picanto 1.2 Smart | from R195 995 | from R109 000 |
| Kia Picanto 1.2 Start AT | from R182 995 | (No data) |
*Pricing correct at the time of publishing and subject to change without notice
How to increase the value of third gen Kia Picanto?
Now that you're armed with information, you can start increasing the value of your Picanto. You'll need to start with, ensuring that your Picanto is in the best possible condition. There are a few ways to go about this. Your Picanto needs to be properly serviced. Replace worn-out components like brakes and tyres and make sure this done properly with either OEM or good aftermarket spares. Cosmetically, the car needs to be presentable inside and out. Please also wash your Picanto thoroughly once it's mechanically sound, as a valet goes a long way. All of these factors will affect the value of your Picanto and give you the best possible deal when you decide to sell.
