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Great Wall - Price history
Great Wall is a Chinese automobile brand positioned primarily in the economy and mid‑segment market, offering robust vehicles that blend affordability with practicality. While it is not a luxury label, it has rapidly gained recognition for durable SUVs and pickup trucks that compete well against more established international brands.
Founded in 1984 in Baoding, China, Great Wall Automobile has grown from a small steel distributor into one of the world’s largest EV and conventional vehicle manufacturers. The company built its reputation on engineering simplicity, cost‑effective production, and a focus on utility. Its reputation for solid build quality and competitive price point has earned it industry accolades and a loyal customer base across Asia and beyond.
Flagship models currently available include:
- Haval H9 – a full‑size SUV that offers a range of engine options and advanced safety tech.
- Haval H6 – a compact SUV that balances space with fuel efficiency, popular among families.
- Haval F7 – a crossover sporting sharp styling and a well‑equipped interior.
- Dang Chung – a lightweight pickup truck known for its high payload capacity and off‑road capabilities.
- Great Wall Evoke – an electric crossover that demonstrates the brand’s growing EV ambitions.
When evaluating Great Wall price dynamics, it’s essential to understand the brand’s depreciation patterns. Compared to premium competitors, Great Wall vehicles tend to retain value better in secondary markets due to their lower entry cost and high reliability. However, as newer generations of models roll out, early adopters generally see a 20‑30% depreciation over the first year, with subsequent depreciation slowing to around 10% per year.
Overall great wall car prices remain attractive due to the brand’s cost‑efficient manufacturing and robust supply chain. In many regions, the price differential between Great Wall and similarly specced imported models is often 15‑25%, making the brand especially appealing to budget‑conscious buyers who do not want to sacrifice modern amenities.
Used Great Wall price trends reflect a steady demand for resale vehicles. Buyers frequently turn to certified pre‑owned Great Wall models because of the low initial purchase price coupled with a reputation for durability. In most North American and Southeast Asian markets, used Great Wall vehicles can fetch 40‑50% of the new car price, making them attractive entry points for new drivers or fleet operators.
Market demand for Great Wall vehicles has surged overseas since 2018. In China, the vehicle’s domestic market share grew to over 30% of the SUV segment by 2022. In the United Arab Emirates and Saudi Arabia, Great Wall vehicles have seen a steady rise in popularity thanks to competitive pricing and favorable after‑sales support. Even in Europe, a niche but growing number of buyers opt for Great Wall crossovers for their value proposition.
Resale value trends align closely with the brand’s depreciation curve. Great Wall depreciation data shows that while the initial year experiences the steepest decline, vehicles placed in the used market in later years maintain steady value due to the brand’s perceived reliability. Consequently, the Great Wall market value in secondary markets remains stronger than many luxury brands that depreciate more aggressively.
Factors that influence Great Wall vehicle prices include:
- Model generational updates – new engine or chassis upgrades tend to push the price ahead of older units.
- Technological advances – the addition of semi‑autonomous driving and connectivity features raises the price point.
- Geographic demand – high demand markets like Egypt and India often see slightly higher prices due to import duty and local taxes.
- Certification and emission standards – models that meet stricter emissions regulations (EU5, California Emissions) include added cost for compliance.
- After‑sales infrastructure – availability of service centers and spare parts within a region can shift buying preferences and price expectations.
In addition to the core factors, consumer perception plays a subtle but significant role. Brand awareness, media coverage, and word‑of‑mouth testimonials alter how much value customers are willing to pay for a new Great Wall vehicle versus a used alternative.
Overall, investors and car enthusiasts can view Great Wall as a brand that delivers solid value with predictable depreciation curves. For