Minis are best at retaining value

Monday 6th February 2017 | 0 Comments

 
Minis are best at retaining value
Minis are best at retaining value

UK second to last for keeping value after 34700 Miles

A Carspring study shows devaluation percentages in each country as well as a depreciation ranking by brand in the UK. The research found that Minis retain the most value, 46.08 per cent after 56000 kilmetres or 34700 miles. At the other end of the spectrum, Toyota are worst with a devaluation rate of 74.59 per cent.

Cars in the UK are second to last in keeping value after 56,000km or 34,700 miles, behind New Zealand and ahead of the US.

For the devaluation percentage per country Carspring looked at the top selling car brands in the world and compared cars with an average use of 56,000km or 34,700 miles (14000 km per year) versus the cost of the same model the year it was first out in the market.

For the UK brand devaluation analysis we researched cars with an average use of 56,000km or 34,700 miles (14000 km per year) the firm looked at all models each of the brands rated in the UK for the past five years.

Data sourced from hundreds of online outlets, as well as brick and mortar retailers across all of the five biggest cities of each market. All data and currency exchange rate correct on 27 January 2017. VAT included in final costs.

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Category: International News, UK News