The 10 cars that lose value the most, according to a study
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Cars are generally not a good investment. As soon as you leave the showroom, you are often thousands of euros poorer. These are the top ten cars that have lost the most value.
New cars in particular often suffer a significant loss in value. This is the difference between the purchase price and the sales value. There are few cars that can sell for more than new, although it does sometimes happen, as these three cars prove.
Top 10 cars with the biggest depreciation
British company MoneyBarn conducted research into car depreciation in the UK and compiled a top ten list based on that research. This is the depreciation in the first three years after purchase. If you care about money, you may not want to buy these cars new. What makes these models interesting as used cars is that someone else has already suffered the financial pain. Please note that used cars can also suffer a significant loss in value.
| Fashion model | Average depreciation Percentage after three years |
|
|---|---|---|
| 1 | Jaguar XF | 68.3% |
| 2 | Renault Zoe | 39.4% |
| 3 | BMW X3 | 38.8% |
| 4 | Peugeot 2008 | 38.6% |
| 5 | MG ZS | 37.7% |
| 5 | Audi A3 sedan | 37.7% |
| 7 | Land Rover Defender | 36.9% |
| 8th | Renault Koleos | 36.1% |
| 9 | Infiniti Q50 | 33.7% |
| 10 | BMW 7 Series | 33.0% |
The BMW 7 Series is in tenth place. The luxury sedan has a hefty price tag and, according to researchers, the loss in value after three years is 33 percent. In the Netherlands the new BMW costs from 126,140 euros. According to this research, after three years only around 84,500 euros remained. This means a loss in value of more than 41,600 euros.
Jaguar XF tens of thousands of euros cheaper than used cars
Yet it is Jaguar that takes the crown in the UK. The XF is in first place with a depreciation rate of 68.3 percent, miles away from the Renault Zoe (39.4 percent) in second place. The Jaguar XF is for sale in the Netherlands from around 75,000 euros. According to this study, after three years you will lose more than 51,000 euros in depreciation, leaving just under 24,000 euros left.
We’re excited to see these results on the used car market too. We came across this used car via the sales site Gaspedal.nl. According to KentekenCheck, 83,354 euros were paid for the XF three years ago. The used car now has a price of 37,950 euros. That’s not quite the loss of 68.3 percent claimed in the study, but still an extremely significant loss of more than 54 percent.
Source: Auto visie
I’m Jamie Bowen, a dedicated and passionate news writer for 24 News Reporters. My specialty is covering the automotive industry, but I also enjoy writing about a wide range of other topics such as business and politics. I believe in providing my readers with accurate information while entertaining them with engaging content.
