Highest residual value cars12/18/2022 ![]() ![]() Performance cookies collect information about how you use our website e.g. These cookies allow our website to provide services at your request. Strictly Necessary cookies are essential to let you move around the website and use its features, such as accessing secure areas, shopping baskets and online billing. Contact us today to arrange a valuation or book a test drive. With flexible finance options available too, you can finance your motor in a way that suits you. With a wide selection of used cars for sale at our dealerships in Maidstoneand Harlow, we can also help you find your next high-quality model. Our friendly, professional team will inspect your car and advise on any measures that may increase its value. ![]() A petrol car with only one previous owner and 30,000 miles on the clock could, for example, prove cheaper than a diesel model with three owners and 38,000 miles under its belt.Īt Carwise Group, we can value your used vehicle and help you determine whether it’s the right time to sell. These include the condition of the car’s bodywork and interior, how many miles it’s done, and the history of ownership. Used car valuation also depends on a number of factors that will be specific to each vehicle. Differences can vary widely between makes and models, however, so it’s best to check the particular brand when you come to buy. These vehicles, according to CAP data, retain on average 39.9% of their value, with diesel coming in at 38.9% and petrol at 38.3%. In terms of fuel type, diesel cars have traditionally depreciated less than petrol, but petrol/electric hybrid models are now emerging as the better performer. Sports and luxury cars naturally retain their value, with the likes of Ferrari and Porsche creating more demand than supply. There are certain things you can look for when assessing the future market value of a car. The 10 best resale car brands in the study cited by Autocar are: The next three marques with slower depreciation rates are Volkswagen, Lexus and Ford. Audis are next in line, losing 47.3% over the same mileage. With that in mind, here are the best resale value car brands so that you can make smarter choices on the forecourt.Īccording to figures presented by Autocar, Minis hold their value best in the UK, losing just shy of 47% of their value after 34,700 miles. If one is worth £8,000 after three years and the other £5,000, you’re effectively paying an extra £3,000 for that model when you factor in the extra value that is lost. You could be looking at two used cars, both worth £15,000. Depreciation is an unfortunate reality that impacts total running costs, so it really makes a difference when choosing your vehicle. When we think about buying a new car, many of us are already taking into account the resale value. Cars with the best resale value Best car brands that hold their resale value ![]()
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