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Which cars depreciate the most?

By raccars Published

Anyone buying a new car knows that those first few years are the worst hit by depreciation, but some models suffer more than others.

Automotive industry analyst CAP has released a list of the worst depreciating cars, judged as being those which are expected to lose the most value within the first three years.

The worst depreciation horror stories

Renault Grand Scenic

MPVs were once the default choice for families but are looking dated next to more modern automotive offerings. The Grand Scenic is worth only 37 per cent of its list price three years later.

Renault Scenic

Like its bigger brother, the popularity of the Scenic has been heavily diminished by the growing SUV trend and the car now loses 64.2 per cent of its original value within the first three years.

Chevrolet Orlando

You've probably never even heard of the Orlando, but its owners will find it hard to forget the prospect of losing £13,533 on the car's value in three years.

Chevrolet Volt

Chevrolet has suffered badly in the European market. Its cars have not sold well with both new and used models being some of the fastest depreciating cars on the market. In the case of the Volt EV, that's rather a shame as it's actually quite good as far as range extenders go. However owners will not be impressed at losing £23,113 over three years from a £35,813 list price.

Chevrolet Aveo

The Aveo displays similarly poor residual values, losing £8,000 in three years to retain just 35.4 per cent of its original list price.

Vauxhall Astra

The Astra is one of the UK's best-selling cars, so it's a surprise to see that it loses 65.8 per cent of its original value in the first three years. However the new, seventh generation model could change that, offering a huge step up in quality over the out-going Astra.

Fiat Qubo

The quirky and practical Qubo MPV is a bargain brand new, with prices starting from £12,500. However if you consider that three years later it will only be worth 32.3 per cent of that amount, it doesn't sound such good value.

Fiat Fiorino

The panel van version of the Qubo fares even worse, with a lack of seats seeing residual values drop to 30.8 per cent after three years.

Chevrolet Spark

Another Chevrolet putting in a poor performance, the Spark not only drops by more than 70 per cent of its original value within three years, it has also put in a poor showing in customer satisfaction and reliability surveys.

Chevrolet Cruze

The slightly larger Cruze sees prices topple off a cliff in the first three years to only 28.8 per cent of its original value. Owners who paid on average £19,176 for a new Cruze will no doubt be disappointed to find that it's worth only about £5,531 three years later.

MG6

MG is making a significant effort to regain territory in Europe but depreciation like this won't help its cause. CAP figures suggest the MG6 loses 72.9 per cent of its original value in the first three years - about £14,300.

Peugeot iOn

Peugeot's electric supermini is a rather smart little car but owners are being hit doubly on residual values. Not only does depreciation reduce its value by 81.2 per cent in the first three years, but the list price has fallen dramatically and the car can now be bought brand new from about £11,995.

Chevrolet Spark

The Peugeot iOn was developed as part of a trio with the Citroen C-Zero and the Mitsubishi i-MiEV. Under the skin the three are practically the same car but all are styled slightly differently on the outside. The C-Zero loses value at about the same rate as the Peugeot, so those who paid around £26,100 for a new model within the last few years will receive less than £5,000 if they sell it now.

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