Used Car Expert compares depreciation of small family hatchbacks
Used Car Expert, the leading used car magazine, has undertaken an analysis of the depreciation of small family hatchbacks (1.6-litre petrol or comparable engine) and has discovered some interesting results. They looked at the resale value of three year old values against their new price, with 30,000 miles on the clock.
They found that many new car buyers will have lost up to 50% of their money in this time. Depreciation is never on most people’s minds when they buy a new car and this is why business car leasing is becoming more popular with many small businesses, as the risk around depreciation is with the vehicle leasing company.
| Small family hatchbacks – 1.6 or equivalent petrol | |||||
| Make | Model | New price | 3 year old price | Loss | % |
| Honda | Civic |
£14,200.00 |
£11,955.00 |
£2,245.00 |
15.81% |
| Audi | A3 |
£16,770.00 |
£12,400.00 |
£4,370.00 |
26.06% |
| Hyundai | i30 |
£13,200.00 |
£9,300.00 |
£3,900.00 |
29.55% |
| Toyota | Auris |
£14,500.00 |
£9,800.00 |
£4,700.00 |
32.41% |
| Volkswagen | Golf |
£14,000.00 |
£9,055.00 |
£4,945.00 |
35.32% |
| Mazda | 3 |
£11,900.00 |
£7,500.00 |
£4,400.00 |
36.97% |
| Renault | Megane |
£14,000.00 |
£8,772.00 |
£5,228.00 |
37.34% |
| Kia | Ceed |
£13,100.00 |
£7,770.00 |
£5,330.00 |
40.69% |
| Fiat | Bravo |
£14,000.00 |
£8,300.00 |
£5,700.00 |
40.71% |
| Seat | Leon |
£14,490.00 |
£8,200.00 |
£6,290.00 |
43.41% |
| Ford | Focus |
£14,000.00 |
£7,821.00 |
£6,179.00 |
44.14% |
| Vauxhall | Astra |
£15,000.00 |
£7,800.00 |
£7,200.00 |
48.00% |
| Peugeot | 307 |
£14,600.00 |
£6,700.00 |
£7,900.00 |
54.11% |
- New car prices are an approximate guide price of the price paid for a new car 3 years ago
Tags: audi, car leasing, depreciation, fiat, ford, honda, hyundai, kia, mazda, peugeot, renault, seat, toyota, used car, vauxhall, Volkswagen