Think of buying a 4X4? – read this article about depreciation
Tuesday, November 17th, 2009Used Car Expert Magazine has revealed the top 5 best and worst performers in 4X4 vehicle depreciation over a three year period. Depreciation is the biggest cost to a motorist and when you buy your vehicle this is something you may not really consider.
That is why contract hire is such an attractive option as the risk on depreciation is with the leasing company, not you. This is also why a car that costs more to buy may actually have a lower rental on contract hire.
Here are the findings from Used Car Expert:
| Best performers | ||
| Make | Average annual loss % | Retained value after three years |
| Lexus RX 400h Se | 8.3 | £28,589 |
| Range Rover 3.6 TD HSE | 9.7 | £33,006 |
| BMW X5 3.0D | 10.0 | £25,996 |
| Hyundai Santa Fe 2.2 CDX | 10.4 | £12,960 |
| Nissan Pathfinder 2.5 DCI | 11.0 | £12,670 |
| Worst performers | ||
| Make | Average annual loss % | Retained value after three years |
| Mitsubishi Shogun 3.2 Di-d | 16.5 | £12,251 |
| Mercedes M-Class 280 CDi | 16.3 | £21,954 |
| Jeep Cherokee 3 0 CRD | 16.3 | £14,894 |
| Kia Sorento 2.5 CRDI | 13.2 | £11,150 |
| Volkswagen Touareg 2.5 TDI | 18.5 | £17,403 |