Most cars usually depreciate after a few years. Therefore, they sell for incredibly low prices in the second-hand market. However, a few models hold on to their value even in the second-hand sector. Below are some top cars that hold their value in the second-hand market.
- The Porsche 911 GT3
This is the least depreciating car in the UK. However, this is no surprise, considering how hard getting your hands on a Porsche 911 GT3 is. Therefore, the few owners that are lucky enough to get the car are likely to make a profit when they sell it second-hand. A new Porsche 911 GT3 costs around £134000. On the other hand, its second-hand price is around £120000. This is quite impressive. This vehicle is fast, stylish, and quite robust.
- The Jeep Wrangler
The Jeep Wrangler also holds on to its value even in the second-hand market. This is thanks to its durability, removable roof and doors, and strength. The Wrangler is one of the most iconic jeeps because of the freedom it provides. Other reasons the jeep retains its value are; its ruggedness and iconic design.
- The Toyota Tacoma
The demand for the Toyota Tacoma in the second-hand vehicle market is quite high. For this reason, its value is maintained. It is one of the toughest mid-size trucks in the used market. The mid-size truck features an incredible mix of size and power, making it a fantastic choice for Overlanding and off-roading. This vehicle has only experienced a price depreciation of around 40% in the past five years. This is more than other models can boast.
- The Land Rover Evoque
Land Rover models are among the most popular cars in the second-hand market because of their low depreciation. These cars hold their values best. The Land Rover Evoque is a particularly incredible vehicle model. The trendy SUV is quickly becoming the traditional family car. The desirable model is known for is incredible quality and robust construction. It is also highly efficient. The Land Rover Evoque can maintain upto 60% of its value in the second-hand market even after five years.
- The Mazda CX-5
This is one of the least depreciating vehicle models in the UK market. It maintains up to 60% of its valye after three years of ownership. This vehicle has been named Britain’s most dog-friendly car. It is suitable for the avarage family. The Mazda CX-5 features enough space for the family. It also has a large boot for storage and boasts a bulletproof reliability record.
Conclusion
Many UK car buyers turn to the second-hand market for cars they covet but cannot afford. For this reason, most of the vehicles that hold on to their value are the most coveted ones. Therefore, purchasing these vehicles can be an investment.
https://www.carwow.co.uk/guides/selling/cars-that-hold-their-value
https://www.thisismoney.co.uk/money/cars/article-9613317/Ten-cars-hold-value-best-three-years-worst.html
https://www.autoguide.com/auto-news/2019/11/top-10-cars-that-hold-their-value.html
