RAC Cars News


Nearly New Used Car Bargains

By raccars Published

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Everyone knows the first years are the worst for new car depreciation - but this is great news for used car buyers! That new car smell is terribly tempting but wait a year and you could snap up the same car at a massive discount. The following models are hit the hardest of all by first year depreciation, according to industry pricing specialists.

Renault Fluence E Z.E. Expression+ (95bhp, automatic)

This electric car drops an astonishing 73% of its value after the first 12 months or 12,000 miles. Large saloons have been falling out of favour for some and there's always some anxiety about range with electric cars, but a brave used car buyer could bag a serious bargain here.

Vauxhall Meriva 1.4 16v Expression (99bhp)

This small MPV is distinguished by its smart sliding back doors which, although extremely useful in tight parking spaces, have not helped it to retain value after a year of ownership. Models in basic Expression trim level lose 71% of their original value in that time, probably due, in part, to stingy equipment levels.

Chevrolet Cruze 1.4 4x4 LS

First year depreciation of more than 68% on its low budget estate may be one of the reasons Chevrolet has thrown in the towel on the UK market.

Citroen C-Zero E

The French firm's early EV couldn't keep up with more modern electric car technology, meaning buyers lost almost 68% of the original list price after 12 months or 12,000 miles.

Nissan Leaf E

Britain's best-selling EV is also, surprisingly, one of its hardest hit by depreciation. The basic 'E' trim level model can be picked up for around £6,000 at only a year old, saving an amazing 66.77% upon the brand new price.

Renault Megane 1.6 Extreme

Renault's losing streak continues with the estate version of the Megane retaining only 33.26% of its original value a year later.

Vauxhall Insignia 1.4i 16v Turbo SRi

One of Britain's favourite fleet cars tends to get hammered along the UK's motorways on a daily basis, which doesn't do residual values any favours. In this case, it's the less practical four door saloon variant, particularly with its mean little engine, that could account for a loss of 65% of its original price in a year.

Peugeot 207 SW 1.4 8v Access

Peugeot has learned a number of design lessons since this small estate experiment, teaming a too small petrol engine with a too large but still not very practical body. The result was first year depreciation of more than 64%.

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