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Used Cars Worth Goes Downhill

Everyone gets a half-price upon purchasing awent through depreciation and studies but it
family model by a year-old-example privatenever went down for as low as 50 percent of
buying. This was according to the to theits total value. Consequently, they are far
latest depreciation study. The City CarClubmore different from any other car companies.
transmitted this research with aAs Volkswagen have their VW bug parts, it
pay-as-you-go rental scheme. The City CarClubwill still run a mile for its value compared
examined first-year depreciation on familyto  these  three  worst priced family models.
models. Rather than an expected dealer
trade-in value, it is based on to be aIn summation of the findings, the three
private-selling price. They show that theseload-luggers made it to the bottom five, and
vehicles are in great cost and outstandingthey were all chosen as the worst priced
value  used.family models than their average hatchback
siblings. Depreciation rates were calculated
One of the family models was the Fiat Stilobased on the figures from the consumer price
Multi Wagon, which is known to be the worstguide Parkers, and included a number of
in auto performance which lost 54.9 percentvariations from each model series. The amount
of its total value during its first year ofof money purchaser on new cars every year is
ownership. The Stilo Multi Wagon of Fiat issurprising. Dirk Van Dijl, boss of
closely trailed by Kia Rio and Renault LagunaCityCarClub explained; "it's estimated that
Sport Tourer. Unlike other family vehicle andmotorists and businesses loses around £5.8
model cars, they have sustained their value.Billion every year due to depreciation".
For example Mercedes-Benz and Volkswagen, it



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