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Used Cars Worth Goes Downhill

Everyone gets a half-price uponand studies but it never went down for
purchasing a family model by aas low as 50 percent of its total value.
year-old-example private buying. ThisConsequently, they are far more
was according to the to the latestdifferent from any other car companies.
depreciation study. The City CarClubAs Volkswagen have their VW bug parts,
transmitted this research with ait will still run a mile for its value
pay-as-you-go rental scheme. The Citycompared to these three worst priced
CarClub examined first-year depreciationfamily models.
on family models. Rather than anIn summation of the findings, the three
expected dealer trade-in value, it isload-luggers made it to the bottom five,
based on to be a private-selling price.and they were all chosen as the worst
They show that these vehicles are inpriced family models than their average
great cost and outstanding value used.hatchback siblings. Depreciation rates
One of the family models was the Fiatwere calculated based on the figures
Stilo Multi Wagon, which is known to befrom the consumer price guide Parkers,
the worst in auto performance which lostand included a number of variations from
54.9 percent of its total value duringeach model series. The amount of money
its first year of ownership. The Stilopurchaser on new cars every year is
Multi Wagon of Fiat is closely trailedsurprising. Dirk Van Dijl, boss of
by Kia Rio and Renault Laguna SportCityCarClub explained; "it's estimated
Tourer. Unlike other family vehicle andthat motorists and businesses loses
model cars, they have sustained theiraround £5.8 Billion every year due to
value. For example Mercedes-Benz anddepreciation".
Volkswagen, it went through depreciation



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