Used Cars Worth Goes Downhill

Everyone gets a half-price upon purchasing astudies but it never went down for as low as 50
family model by a year-old-example privatepercent of its total value. Consequently, they are
buying. This was according to the to the latestfar more different from any other car companies.
depreciation study. The City CarClub transmittedAs Volkswagen have their VW bug parts, it will
this research with a pay-as-you-go rental scheme.still run a mile for its value compared to these
The City CarClub examined first-year depreciationthree worst priced family models.
on family models. Rather than an expected dealerIn summation of the findings, the three
trade-in value, it is based on to be a private-sellingload-luggers made it to the bottom five, and they
price. They show that these vehicles are in greatwere all chosen as the worst priced family models
cost and outstanding value used.than their average hatchback siblings. Depreciation
One of the family models was the Fiat Stilo Multirates were calculated based on the figures from
Wagon, which is known to be the worst in autothe consumer price guide Parkers, and included a
performance which lost 54.9 percent of its totalnumber of variations from each model series. The
value during its first year of ownership. The Stiloamount of money purchaser on new cars every
Multi Wagon of Fiat is closely trailed by Kia Rio andyear is surprising. Dirk Van Dijl, boss of
Renault Laguna Sport Tourer. Unlike other familyCityCarClub explained; "it's estimated that
vehicle and model cars, they have sustained theirmotorists and businesses loses around £5.8
value. For example Mercedes-Benz andBillion every year due to depreciation".
Volkswagen, it went through depreciation and