When buying a new car it's often wise to consider the model's depreciation. The faster the depreciation, the less money you will likely get if you come to sell it in the future.
Figuring out exactly how a model will compare to another can often seem daunting, but helpfully, used car dealership Carspring has done the research for us, compiling a list of the 13 car brands with models that depreciate least in Britain.
They're shown below with the average percentage of money lost from their model's list values after 34,700 miles.
The chart shows that as of the start of 2017, Minis suffer from depreciation the least out of the UK’s top 13 car brands. Losing an average of 46.88% from their values after 34,700 miles, they beat Audi models, which lost 47.33% after the same mileage, to the top spot.
Volkswagen, Lexus, Ford and Vauxhall achieved the next best results, with between 47.51% and 54.12% lost respectively. The worst performing brand was Toyota, which has an average of 74.59% value lost from its vehicles after the aforementioned mileage.
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fadyady
Market saturation
xxxx
Experts eh
WallMeerkat
Used cars in the UK were
In Southern Europe, with less salt on the roads, the bodywork held together better.
China has gotten in on the act when modern cars are well put together and galvanised.
A 3 year old model often drives no differently than a new model(often better - as any niggles have been sorted and the engine has run in)!
H_Molemann
Strange choice of comparison mileage...
Of course desirability & supply comes into it but I'd really like to see the same dataset run by age?
My guess is brands like Toyota are affected by private ownership/below average mileage so could be markedly older @ 34700. Hence the % drop...
si73
Toyota
neilly500
Toyota
jmd67
neilly500 wrote:
Neil I agree. They seem to hold value quite well from what I've seen.
PS: Leaving your email address on a forum like this will only attract a huge amount of spam email.
poon
Surprised.
Dilly
Even with the worst press about Dieselgate
Dilly
Even with the worst press about Dieselgate
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