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Superminis Beat The Depreciation Trap

By raccars Published

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It's a tear-jerking fact of life that any new car starts hemorrhaging money as soon at it leaves the dealer forecourt for the first time. While used car values are affected by a myriad of factors, including care and maintenance, mileage and fashion, certain cars have the innate ability to retain their residual value more effectively than others. While the following may not be winners in terms of percentage of value lost, they are winners by virtue of actual quantity of money lost in depreciation over the first three years.

Volkswagen Fox

VW's low-key city car lost an average £4,014 in its first three years, with figures taken from 2006-2012. Residual values were helped by a low initial purchase cost, achieved by reducing standard equipment and allowing customers to specify from a lengthy options list instead. It has now been replaced by the Up!

Hyundai i10

Hot on the Fox's heels with an average depreciation of £4,036 over three years, the i10 is one of India's best selling car models. In Europe this city car is competing for attention among a host of quality rivals, but an upcoming face-lift should help to give it extra traction in the market.

Nissan Pixo

This little known but incredibly cheap supermini is only about £7,000 new and loses £4,309 in its first three years.

Kia Picanto

Top Gear's 'Bargain Car of the Year' 2011 loses £4,331 in its first three years. The Picanto is known as a good buy for its reliability, affordability and rather smart styling.

Perodua Myvi

One of Malaysia's best selling cars is virtually unheard of in the UK, but does well on the depreciation front at losses of £4,655 over the first three years. Buyers open-minded enough to see past brand snobbery will be impressed by the Myvi's neat styling and sub £7,000 purchase price.

Kia Rio

The second generation Rio, a small hatchback, is not only low on insurance costs, it also holds its value well, losing £4,723 in its first three years.

Citroen C1

Losing £4,810, the funky little C1 is not only super economical on fuel but also a good depreciation bet.

Suzuki Alto

In common with the other cars on the list, the Alto can boast an attractive initial purchase price, good fuel economy and cute styling. It loses £5,031 in its first three years.

Toyota Aygo

Essentially a badge engineered version of the C1 (and Peugeot 107), the Aygo is notable for its reliability and ability to hang on to residual values, losing £5,045 in the first three years.

Perodua Kenari

Another unknown Malaysian, with depreciation losses of £5,145.

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