Best and worst cars for depreciation in 2007

Best and worst cars for depreciation in 2007

The MINI was the slowest-depreciating car in the UK in 2007, according to Parker´s Car Guides´ depreciation report.

The report considers what a car owner could expect to recoup now on a car bought in January 2007, with MINI owners likely to have lost £1388 - £27 a week.

Parker´s says the MINI hangs onto its value so well because of its looks, driveability and servicing deals. BMW´s fuel-saving EfficientDynamcis programmes - introduces in August 2007 to the MINI range - have also added to the MINI´s popularity, in combination with the new model introduced last year.

Dan Pulleyn, Used Car Development Manager, MINI said: " Used car buyers have long recognised the advantages of the MINI TLC servicing packages and the MINI Cherished used car programme offers an extensive range of customer benefits allied to a strong dealer network."

The Honda Jazz is runner-up, despite being replaced in 2008, having appeared in the top five of the annual depreciation report every year since its launch in 2002 due to build quality, good interior space and perky, efficient engines. The result is that it lost an average of just £2017 during last year.

Small cars are more popular than ever and make up the entire top 10, reflecting the continued trend towards smaller and more efficient cars.

The Citroen C1/Toyota Aygo/Peugeot 107 trio - the same model rebadged - make up three of the top 10 places with attractive prices, decent kit levels and fuel efficiency appealing to owners mindful of rising fuel duty, car tax and the prospect of congestion charges.

Other cars appearing include budget Asian brands such as the Perodua Kelisa, Proton Satria Neo and Hyundai Amica are boosted by their scarcity on the roads.

Unsurprisingly sports and luxury brands constitue the worst cars for losing value, with the Maybach 57/62 losing £77,651 of value in one year.

The list of top ten cars for depreciation follows below:

Position Manufacturer Model Cash lost during 2007
1 MINI Hatchback (06 on) £1,388
2 Honda Jazz £2,017
3 Perodua Kelisa (02 on) £2,067
4 Citroen C1 (05 on) £2,138
5 Perodua Myvi (06 on) £2,147
6 Suzuki Swift hatchback (06 on) £2,147
7 Peugeot 107 (05 on) £2,206
8 Toyota Aygo (05 on) £2,264
9 Proton Satria Neo (07 on) £2,264
10 Hyundai Amica (06 on) £2,423

The worst performers of 2007:

Position Manufacturer Model Cash lost during 2007
1 Maybach 57/62 (03 on) £77,651
2 Rolls-Royce Phantom (03 on) £53,919
3 Aston Martin Vanquish (01-07) £50,612
4 Mercedes-Benz SL-Class (02 on) £35,642
5 BMW 6-Series M6 (05 on) £30,987
6 Jaguar XJ Series XJR (03 on) £28,700
7 Volkswagen Phaeton (03 on) £26,853
8 Bentley Continental Flying Spur (05 on) £26,092
9 BMW 7-Series (02 on) £25,440
10 Audi A8 Saloon (03 on) £24,978

See Also:
     Click here for more Mini stories
     Click here for more Motoring costs stories
     Click here for more Used Cars stories



steve kaye
13:13 - 16th January 2008

At last a correspondent who uses cash as a depreciation figure as against a percentage of list price. My Hyundai getz cost me £5995 five years ago. If I put it in a skip on the day its warranty expires (5 years) I´ve lost £6k in 5 years. How many cars can you say that about?

Emmet
13:21 - 16th January 2008

Very few I´d´ve thought, though I doubt you´d get much change from a Ssangyong.

Name

Comments

     Validation

Please enter the text to the left (case sensitive)

Code Image - Please contact webmaster if you have problems seeing this image code 
Reload
New Nissan GT-R SpecV
New Nissan GT-R SpecV

While the Nurburgring row continues apace with porsche, Nissan is pushing out a new limited-edition GT-R targeted at those who prefer 'race car-level performance in a street-legal vehicle'. | 09/01/2009

New Renault Twingo Freeway available to order at £6,995
New Renault Twingo Freeway available to order at £6,995

The new Renault Twingo Freeway is available to order now, offering Renault's cheapest supermini from £6,995 on the road. | 09/01/2009

Motorists risk damaging icy windscreens with hot water and shoes
Motorists risk damaging icy windscreens with hot water and shoes

As the big chill tightens its grip on the UK, motorists face hefty repair bills if they choose to use boiling water, CD cases, credit cards or even shoes to de-ice windscreens. | 09/01/2009

New 2009 Volkswagen Golf review
New 2009 Volkswagen Golf review

At this early stage in the year the new Volkswagen Golf hatchback is going to take some beating not to be my car of the year. | 09/01/2009

New Volkswagen Golf goes for quality over quantity
New Volkswagen Golf goes for quality over quantity

The new Volkswagen Golf is on sale in the UK now in three and five door hatch models; Golf Plus models will join the line up this Spring, GTi models in early Summer, BlueMotion at the end of 2009 and Estate models in 2010 | 09/01/2009

2010 Mercedes E-Class images and details leaked
2010 Mercedes E-Class images and details leaked
|08/01/2009

Images of the 2010 Mercedes E-Class have been leaked to the web, revealing a strangely retro new look for the German executive saloon, with an interior that dates back to the 80s.

Bentley to unveil 200mph Continental GTC Speed at Detroit
Bentley to unveil 200mph Continental GTC Speed at Detroit
|06/01/2009

Bentley will unveil the Continental GTC Speed at the Detroit Show, a four-seat convertible capable of hitting 200mph or 195mph with the roof down - making it the fastest four-seater drop-top in the world.

New Honda Insight hybrid images leaked
New Honda Insight hybrid images leaked
|08/01/2009

Images of the European Honda Insight hybrid have leaked onto the net prior to the Detroit Show, revealing the Insight to look rather similar to the Toyota Prius.

Citroen axes VAT on several models
Citroen axes VAT on several models
|06/01/2009

Citroen has extended its 'No VAT' and 0 per cent finance deals on a number of its models into the New Year.

Volkswagen Commercial finance offers on Caddy, Transporter
Volkswagen Commercial finance offers on Caddy, Transporter
|06/01/2009

Volkswagen Commercial Vehicles is introducing finance offers on new and used models, including the Caddy, Caddy Maxi and Transporter van ranges.

Euro Car Parts snaps up LSUK
|01/10/2008

Euro Car Parts has acquired Pinco 1555 Ltd, including all 53 of LSUK's 53 branches, together with subsidiaries M I Diesel Products, Protech Automotive (UK) and Yeovil Rewind.

'Help, I´ve put petrol in a diesel engine' - Frequently Asked Questions
|20/11/2007

Around 400 people a day risk damaging their car by misfuelling, and filling up with gas is a mistake that could cost thousands. So what do you do if you´ve filled up your diesel car with unleaded petrol?

New fuel protests ´are being planned´
|06/12/2007

Fuel protests similar to those that brought the UK to a halt in 2000 are being planned by a breakaway group of disaffected hauliers, according to press reports.

Full statement on LSUK closure by Euro Car Parts
|07/10/2008

Euro Car Parts has put out a statement on the closure of LSUK, stating that a closure of the business was unavoidable due to a 'lack of support'.

Euro Car Parts closes LSUK
|06/10/2008

LSUK, thought to have been rescused by Euro Car Parts, has been unexpectedly closed by the new owners with the loss of over 600 jobs.

What should the government do about fuel taxes?

Getting poll results. Please wait...