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VWs come out top of the depreciation charts

When buying a new car, one of the big considerations is always going to be how much value it will lose by the time you come to sell. A lower rate of depreciation ultimately means that the car costs you less over the duration of time you own it – and that’s only a good thing! 
Polo_SEL_10TSI_021_2
Top of the hatchbacks for reliability – the VW Polo

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29 July 2021

NEW research by Zutobi has revealed the car models with the lowest depreciation rates after three years.

When buying a new car, one of the big considerations is always going to be how much value it will lose by the time you come to sell. A lower rate of depreciation ultimately means that the car costs you less over the duration of time you own it – and that’s only a good thing!

The research, carried out by Zutobi, reveals that the Volkswagen Polo and Golf are the top two car models with the lowest rates of depreciation over 3 years, closely followed by the Land Rover Range Rover and BMW 6 Series Gran Turismo.

These are the cars that retain the most value, therefore costing the least over the lifetime of ownership:

Rank Make Model List Price Average Value After 3 Years Average 3 Year Depreciation Rate Average Value Lost
1 Volkswagen Polo £15,045 £13,649 9.28% £1,396
2 Volkswagen Golf £20,955 £18,867 9.96% £2,088
3= Land Rover Range Rover £83,665 £75,184 10.14% £8,481
3= BMW 6 Series Gran Turismo £43,790 £39,351 10.14% £4,439
6= Porsche 718 Cayman £44,074 £39,229 10.99% £4,845
5= Mercedes-Benz C-Class £28,995 £25,807 10.99% £3,188
7= Citroen Berlingo £19,430 £17,127 11.85% £2,303
7= Toyota C-HR £21,885 £19,291 11.85% £2,594
7= Lotus Evora £75,100 £66,198 11.85% £8,902
10 Porsche Panamera £67,898 £59,791 11.94% £8,107
11= Porsche Macan £46,913 £40,543 13.58% £6,370
11= BMW Z4 £40,815 £35,273 13.58% £5,542
11= Suzuki Celerio £8,999 £7,777 13.58% £1,222
11= Porsche 718 Boxster £44,758 £38,680 13.58% £6,078
15 Suzuki Ignis £11,499 £9,838 14.44% £1,661
16= Lamborghini Huracan £155,400 £132,952 14.45% £22,448
16= Audi SQ7 £76,360 £65,329 14.45% £11,031
16= Mercedes-Benz GLA-Class £25,120 £21,491 14.45% £3,629
19 Citroen C3 £16,120 £13,511 16.18% £2,609
20 Land Rover Discovery £47,445 £39,766 16.19% £7,679

 
You can view the full research here: https://zutobi.com/uk/driving-guides/motoring-depreciation-report 

The Polo’s price reduces by 9.28% while the Golf decreases by 9.96%.

The two stalwarts of the Volkswagen brand are some of the most popular and best-selling cars in the UK. A brand-new Volkswagen Polo will cost £15,045, which will decrease to £13,649 after three years.

Following the two VW’s, the Land Rover Range Rover and the BMW 6 Series Gran Turismo are in third place.

Both cars depreciated in value by 10.14%, with the Range Rover still retaining a value worth more than £75,000 after three years. 

The cars with the highest depreciation rates after 3 years…
 
These are the cars that lose the most value, therefore costing the most over the lifetime of ownership:
 

Rank Make Model List Price Average Value After 3 Years Average 3 Year Depreciation Rate Average Value Lost
1 Mitsubishi Shogun Sport £37,840 £15,745 58.39% £22,095
2= Audi A6 Allroad Quattro £54,555 £22,713 58.37% £31,842
2= Vauxhall Combo Life £20,135 £8,383 58.37% £11,752
4 Infiniti Q50 £43,440 £18,972 56.33% £24,468
5= Lexus IS £31,900 £14,255 55.31% £17,645
5= BMW 7 Series £69,565 £31,087 55.31% £38,478
7 Audi A8 £71,695 £32,761 54.31% £38,934
8= Audi S8 £83,925 £39,191 53.30% £44,734
8= Maserati Quattroporte £74,320 £34,706 53.30% £39,614
10 Jeep Compass £23,450 £11,185 52.30% £12,265
11 Peugeot 5008 SUV £27,545 £13,157 52.23% £14,388
12= Peugeot 3008 SUV £25,395 £12,364 51.31% £13,031
12= Nissan Leaf £31,495 £15,334 51.31% £16,161
14 Peugeot 508 £25,044 £12,441 50.32% £12,603
15= Hyundai i800 £27,400 £13,881 49.34% £13,519
15= Mercedes-Benz E-Class £36,070 £18,274 49.34% £17,796
15= Vauxhall Viva £10,485 £5,312 49.34% £5,173
18= Kia Sportage £20,670 £10,674 48.36% £9,996
18= Peugeot 508 SW £40,819 £21,079 48.36% £19,740
20 Volvo XC60 £37,785 £19,881 47.38% £17,904

 

On the other end of the scale, the Mitsubishi Shogun Sport has the highest average rate of depreciation over three years, with 58.39% of its value lost.

The start price for a Shogun Sport is £37,840, but in just three years, it is only worth £15,745, making it the highest depreciating car in the UK.

The off-road vehicle is only narrowly followed by the Audi A6 Allroad Quattro and the Vauxhall Combo Life, with both cars having a depreciation rate of 58.37%.

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Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

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