Recently we bought you the quickest depreciating cars of 2007, with the unfortunate Maybach losing the equivalent value of a self-contained flat.
But which cars hold their value best? Small cars are certainly the stars in Parker Car Guides’ slowest depreciating cars of 2007 - and if you’ve been smart enough to invest in one of these, your bank manager will be smiling in 2008!
In 10th place is Hyundai’s nippy little Amica (2006 models onwards), with a loss of just £2,423.
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One Comment
No.
This is very misleading to say that small cars depreciate less than large cars, especially considering the claim is based on the amount of money lost over one year, rather than the value retained over three years compared to original purchase price.
I’ll admit that the new Mini and Honda Jazz are exceptionally good cars for the money, and as such retain 60% of their original purchase price over three years.
Of the others, my bank manager would recommend me to the funny farm if I chose any of them!
Consider:
Most of the other cars listed are plummeting in value faster than you can say, “I’ve bought a worthless pup.”! The likes of the Proton, Perodua, and Hyundai are losing nearly half their original value in the first year!! After three years, one might as well advertise it stating, “How much do you want me to pay you for taking it away?”.
I’m no follower of my own advice, though.
I’ve just got an Alfa 147 Sport Q2. It will depreciate like a stone, and it’ll put me in the hands of the Alfa dealer network; generally regarded as the most inept in the car industry. But I don’t care. It’s a fantastic driving experience, it a knee-tremblingy good looking piece of kit, and the leather upholstery is very good indeed.
But seriously, if you want a car that’s worth something at trade-in time, buy a VW, BMW, or an Audi.