A new survey published this week has exposed the truth behind vehicle depreciation levels.
Vehicle valuation specialists Cap, have released a list of the biggest depreciators on the market, with some shocking results. The biggest depreciating car on the market turns out to be a Vauxhall Zafira, which on average will sell for just 29.2% of its original value after just 3 years of ownership. In fact, Vauxhall appeared to largely dominate the list, landing a surprising 3 vehicles in the top 10.
Perhaps more surprisingly is the number of reliable family cars which have made the list as being some of the worst for depreciation. Could this be because family cars are the most used and abused types of cars?
The Skoda Yeti, which ranked 2nd best for holding its value, is in extremely high demand. The waiting list for a new Yeti is not far off 1 year, so it’s hardly surprising that used Yetis are also worth an average of 65.4% of their original value after 3 years.
On the other end of the scale, the Audi Q5 was rated the best performing car in the depreciation tables, with a resale value of around 72.5% after 3 years. Of course, you could always buy used cars Bristol which also rated well, holding high resale values and proving themselves to be some of the most investable cars around.
Fiat’s recent North American introduction has seen mild success due to the spiking rates of fuel, forcing some Americans to ditch their beloved SUV’s for a more economical, yet fun option.
This continues with the Fiat 500 Abarth, a more sporty and speedy version of the 500. With 160bhp and a price tag of $22,000, the new Abarth certainly isn’t cheap.
Let’s compare the prices with other sporty cars like the 2012 Mustang v6, coming in at $22,300 or even the 181hp Mini cooper S with a retail price of $23,800. We believe Fiat is going to price itself out of the market unless they offer more for the American consumer.
The Abarth is powered by a 1.4 liter turbo engine with 160hp at 5500 RPM and 170 FT LB of torque. It also comes with a five speed manual gearbox.
Performance numbers for the U.S. version are not available at the minute, but our Fiat 500 from the U.K. is a pretty nippy ride. We will update as soon as we receive further information.
With their unique marketing campaign enacted to draw people to the new concepts, Buick has revealed the final puzzle piece to their new Crossover, the Buick Encore.
The vehicle is based on GM’s Gamma II platform which is in the Chevrolet Spark and the new Corsa.
The car is roughly the same size as the Nissan Juke, but Buick will pit their new model against more luxurious brands such as the BMW X1 and Audis new mid size SUV, the Q3 ( instead of other rivals like the Ford kuga)
The engine is GM’s 1.4 litre turbo 4cyl with 140bhp and 200Nm of torque. It will come with a six speed automatic transmission and front or awd.
Other features inlude ESP, Voice Activated Bluetooth, USB connectivity, Seven Inch LED screen, remote start, power seats and a nice set of alloy wheels.
Sales are slated to commence in early 2013, with the European version being names the Mokka to be released concurrently.
Vehicle valuation specialists Cap, have released a list of the biggest depreciators on the market, with some shocking results. The biggest depreciating car on the market turns out to be a Vauxhall Zafira, which on average will sell for just 29.2% of its original value after just 3 years of ownership. In fact, Vauxhall appeared to largely dominate the list, landing a surprising 3 vehicles in the top 10.
