When it comes to buying a new car, you may have to deal with the heavy blow of a huge depreciation value over a three-year period. But if you opt for used instead, you can have more control over the sell-off price. Even some of the best new cars can drop depressingly low in value in as quick as a year, so if you want to save thousands, have a look at some of the best second hand cars today!
The Kia Cee’d
The Kia Cee’d is one of the best used cars for sale. Wait until it has racked up 36,000 miles and is three-years old, and experts say the petrol-powered 1.6-litre GDI EcoDynamics will be worth just 30% of its original value – dropping from £22,500 to a very generous £6,850. As long as the car has covered 100,000 miles, Kia’s awesome seven-year warranty will still be of use. It’s a comfortable little car to drive, not to mention cheap to run and very reliable.
Fiat Panda 4X4 Hatchback
Despite its fashionable, rugged looks, the Fiat Panda 4X4 is another “one of the best.” When bought new, the Panda loses more than 65% of its value in the first three years, but that’s no skin off your nose if you’re going for a used version, remember. The engine is delightfully nippy for such a small thing, but offers a very pleasing mile per gallon figure that makes it cheap to run.
It’s extremely practical if you’re looking for somewhere to store things as it has over 15 different compartments. The icing on the proverbial cake has to be the fact that it can handle some off-road driving.
Vauxhall Zafira 1.7
The perfect car for a family man, or woman. If you go for a model that is three-years old, you can expect the value 25% less than its original – that being somewhere in the region of £19,000-25,000.
The seven-seater can also create more space as the rear seats fold down into the boot, and can also be slid forward to create less legroom. The diesel models are cheap to run; cheap to insure and have fantastic suspension to absorb all the lumps and bumps on some of the UK’s rocky roads.
Another Vauxhall makes the list, so you can see the pattern that’s emerging here. Using the Isignia’s 1.8-litre petrol as an example, you will see a depreciation in the first three years of around 23%. But buying used leaves you with a cheaper car, that’s easy to maintain, cheap to run and is fun to drive. It’s one of the better looking family cars.
So, there are just some of the best used cars to look out for this year as they have the highest depreciation value when bought new. It may be heartbreaking for the seller who has to flog it for a lot less than they’d hoped, but that’s just the way of the (car) world. It’s your job as a buyer, to hunt down these little loop-holes, find the right, credible dealerships such as Sandles, and save yourself some of that hard-earned cash.
Image by Johan Viirok on Flickr.