// Workers AI · dad joke modeWhat did GetWorth say to its date? You're worth getting to know.
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 GetWorth headquarters, including a showroom and warehouse, in Milnerton, Cape Town | |
| Type | Private |
|---|---|
| Industry | Automotive Pre-owned vehicles |
| Founded | 2017[1] |
| Headquarters | Cape Town, South Africa |
Area served | South Africa |
Key people | Jamie Surkont (Co-Founder & CEO)[2] Mark Ridway (CTO)[3] |
| Owner | Motus Holdings (60%) |
| Website | getworth |
GetWorth (stylized as get\Worth) is a South African non-manufacturing automotive company, headquartered in Cape Town.[4]
GetWorth sells pre-owned vehicles online, and in a warehouse format, across South Africa. Founded in 2017,[1] the company is 60% owned by major South African automotive group Motus Holdings.[5] One of its major competitors is WeBuyCars, which sells vehicles via similar formats.
History
[edit]GetWorth was founded in 2017, in Cape Town.[1]
In 2021, GetWorth opened its first showroom, located in Montague Gardens, Cape Town.[6]
In March 2022, a 60% shareholding in GetWorth was acquired by South Africa's largest auto retailer, Motus Holdings. At the time, it was reported that there was a shift away from traditional vehicle dealerships and towards individuals selling their own cars. As such, Motus was seeking a way to broaden its vehicle sales formats, and that acquiring shares in GetWorth allowed the former to enhance its vehicle pricing technology.[2]
In the same year, GetWorth reported significant growth, with a 60% year-on-year growth rate for 5 consecutive years, since its foundation.[2]
Operations
[edit]
GetWorth's primary warehouse and showroom is on the same site as its headquarters, in Montague Gardens, Cape Town. The company also sells vehicles online, and delivers them nationwide.[4] GetWorth also offers extended warranties and service plans.
When consumers submit their cars for valuation, GetWorth provides the option to send information about the vehicle to Motus dealers, who themselves may offer to purchase it.[7]
The company uses pricing algorithms, and sales data collected over the years, to automate its vehicle pricing.[8] It provides pricing information to credit bureau TransUnion, which owns the Mead and Mcgrouther trade and retail values guide.[3]
See also
[edit]References
[edit]- 1 2 3 "AutoTrader - GetWorth". AutoTrader. Retrieved 9 November 2025.
- 1 2 3 MotorPress (9 March 2022). "GetWorth acquired by SA's largest vehicle retailer". Lowvelder. Retrieved 9 November 2025.
- 1 2 "CTO Mark Ridgway is a solution-oriented individual who strives for tech-based outcomes". CIO South Africa. 13 July 2022. Retrieved 9 November 2025.
- 1 2 "GetWorth - About". getWorth. Retrieved 9 November 2025.
- ↑ Pritesh Ruthun (28 May 2022). "'They buy cars': MOTUS tightens grip on auto retail by acquiring GetWorth stake". news24. Retrieved 9 November 2025.
- ↑ capeetc (4 August 2021). "getWorth to launch world-class used car showroom in Cape Town". Cape Town ETC. Retrieved 9 November 2025.
- ↑ Albert Du Toit (15 June 2022). "WeBuyCars vs Weelee vs Wissle – My car selling experience". TopAuto. Retrieved 9 November 2025.