Which new cars depreciate the worst?
The Mitsubishi Outlander SUV
This has been around for ages and it’s not exactly the most desirable car on sale, which could explain why it’s only worth 39.9% of its original asking price after three years. That means you’ll pay almost £30,000 for a new one. But you’ll lose more than £17,000 when you come to sell it after three years. That’s means it’s lost more than 60% of the original price.
The Renegade is the smallest car that Jeep makes. It’s also the one that drops by the largest percentage of its purchase price. After three years, this funky looking SUV is only worth 39.7% of its original asking price, you can actually buy a new one for a little over £23,000 but get ready to lose almost £14,000 pounds or more than 60% of the initial value when you sell it in three years’ time.
We actually thought that the worst appreciating Nissan would be the 370Z sportscar. It’s been around for ages and it’s about to be replaced but the three 370Z loses out to the humble Micra. That car is only worth 39.3% of its original £14,500 asking price. That means you’ll lose almost £9,000, that’s around 61% of your cash when you come to sell it. A big drop for a small car.
The Alfa Romeo Giulieta
This little Italian hatcback is really getting on now. It’s been around for 10 years and this could be part of the reason why a three year old Julieta will only be worth 39.1% of what it costs when it was new, which is £22,500 if you bought one today. So that means you’ll be losing more than £13,000 when you come to sell it on which is almost 61% of what you would have originally paid for it.
McClaren makes loads of really exclusive supercars such as the Speedtail, the 765 LT and the Elva. The trouble is, this means that ‘normal’ McLarens get forgotten about and this could explain why the humble 570 GT is only worth 39% of its recommended retail price after three years. A new one costs more than £157,000 but you will lose more than £95,000 pounds or 61% of the cash you originally spent on it when you come to sell it now I wonder whether McLaren’s questionable reliability record has also affected the car’s value.
The VW Passat is a very good car, but it’s not exactly exciting. This could be why it’s only worth 38.5% of its initial £27,000 RRP after three years, so when you come to sell it you’ll be more than £60,000 out of pocket. That means you’ll have lost more than 64% of the cash you originally paid for the car.
Rolls Royce Dawn Convertible
Rolls Royce makes some of the most expensive and exclusive cars in the world, but they are still hit with depreciation especially the Dawn convertible. After three years that car’s only worth 38.3% of its £280,000+ asking price. So, you’ll have lost a shocking £174,000 on it after three years. That’s almost 62% of what you originally paid for it.
Suzuki SX4 S-cross
It isn’t the brand’s most exciting car and it doesn’t hold its value very well either. This little SUV is only worth 38.1% of its £21,000 asking price after three years. So that’s means you’ll be losing 13 grand which is almost 60% of the cash you spent on it in the first place.
The Galaxy is the biggest car Ford makes and in this case, it applies to its depreciation because if you buy a new Galaxy and it will be worth just 38% of its £34,000 asking price. This means you’ll be losing £21,000 or 62% in depreciation.
Jaguar sneaks ahead of Ford on our list, but not in a good way. You see, a three-year-old XF is only worth 37.8% of its original asking price. So, if you buy one for around £32,500, you will lose more than £20,000 when you come to sell it on. That’s more than 62% what you originally paid for it.
Hyundai i30 Fastback
The worst depreciating Hyundai you can buy is the i30 Fastback. It might look better than your average hatchback, but it’s only worth 37.6% of its original RRP after three years. This means your £25,500 Hyundai will have lost you almost £16,000. To put it another way, more than 62% of your investment
It’s a perfectly good family hatchback, but it does a worse job holding its value than any other Renault on sale. After three years it’ll only be worth 37.4% of its ‘as new’ price. That means it’s gone from a £17,000 car to one just worth £6000. You’ll have lost £11,000 in depreciation or 63% of the initial sale price.
The worst depreciating Subaru you can buy is the Levorg, probably something to do with its stupid name. Anyway, this left field estate is only worth 36.4% of its initial value after three years. So it goes from a £35,000 vehicle to one that’s worth £22,000 less. You’ll actually lose almost 64% of the money originally spent on it.
The Volvo S90 is also worth 36.4% of its original value after three years, just like the Subaru Lavorg, but the S90 is much more expensive. It starts at more than £55,000 which means you lose more money overall when you come to sell. More than £35,000 in fact. That’s nearly 64% of the car’s original price, which is why it goes ahead the Subaru in this list.
Smart ForTwo cabriolet
A three-year-old Smart Fortwo cabriolet is only worth 36.2% of its original price and you can pick up one of these electric convertibles for under £25,000 pounds. But when you come to sell it three years later, it will be worth around £15,000 less. That’s just 64% of the original price.
Sometimes cars depreciate because they tend to break down a lot, but Lexus builds some of the most reliable cars in the world. So, it’s a bit of a surprise after three years an LS saloon is only worth 35.7% of its original price. The LS starts from almost £80,000, so that means you’ll be losing more than £50k over three years. That’s more than 64% of what you paid for it when it was new.
It’s not just Lexus that makes big saloons that depreciate badly, it’s even worse for BMW. After three years, a brand new 7-series is only worth 35.6% of its asking price. That means this £70,000 saloon has dropped in value by more than £45,00. You’ll actually have lost more than 64% of what you paid for it. Now BMW is actually bringing out a load of new models next year, including some new ‘M’ cars and an electric seven series so come back here for more updates on those in due course.
This is one of the best-selling cars in the United Kingdom but it’s actually one of the worst for depreciation. If you buy one today, it’ll only be worth 34.4% of the initial £19,000 starting price in three years’ time. That means you’ll be out of pocket by more than £12k when you come to sell it off, which is almost 66% of what you paid for it.
Bentley build some of the most desirable cars in the world but that doesn’t mean they’re immune from depreciation. The worst depreciating Bentley you can buy is the Mulsanne. This is the most expensive Bentley on sale but it’s only worth 34.1% of its £240,000 starting price after three years that means you’re down by more than £157,000 losing almost 66% of what you originally paid.
Now the Bentley is just going off sale and cars that are going off sale or about to be replaced have a hard time retaining their value and that’s exactly what’s happening to the Mercedes SL. If you buy one of these roadsters now, it’ll be worth just 33.2% of its original price after three years. The starting price for an SL today is around £80,000 but you’ll lose more than £53k If you buy one at full price and sell it which is 67% of the original value.
Citroen C4 Spacetourer
Now we all know the MPV is being phased out by SUVs these days and is one of the reasons why there isn’t much demand for a second-hand Citroen C4 Spacetourer. their seven-seater is only worth 32.6% of its retail price after three years. That means if you buy one for around £19,000 you will lose out on around £12,500 pounds when you come to sell it. This works out to 67% of the original asking price.
Peugeot 108 & 308
Next up is another French car, in fact two of them. Both the Peugeot 308 and the Peugeot 108 after three years are only worth 32.2% of their original price. That means if you buy a 108 for around £13,000 pounds today you will lose more than £8500 pounds on it after three years and if you go for a 308, which starts from around £22,000 pounds, you’ll be almost £14,500 pounds out of pocket. After three years for both cars, you’ll actually have lost almost 68% of what you originally paid for them.
The Quattroporte is the most luxurious Maserati you can buy, and you’ll need somewhere comfy to sit when you find out how quickly it depreciates. After three years one of these stylish saloons is only worth 32.1% of its initial RRP so if you bought one for around £82,000 pounds, you will lose more than £55,000 on it, that means it depreciates by 68%.
Okay, so you might have expected a big Maserati saloon to depreciate pretty badly but what about an Audi? The new A8 depreciates even worse than the Quattroporte, a second-hand model that’s only three years old will be worth 31.1% of its original asking price, but if you buy one now, it’ll cost you more than £73,000 so you’ll lose more than £50,000 when you come to sell it. Almost 69% of what you bought it for in the first place.
Finally, we come to the worst depreciating car on sale today and it’s the Fiat Tipo. One of these hatchbacks is only worth 29.7% of its original asking price after three years. So if you buy one now for about £15,500 pounds, you’ll lose almost £11,000 on it when it comes to sell. That’s more than 70% of what you paid for it in the first place!