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The 10 biggest depreciating used cars
We all know that the value of a new car plummets the moment you drive it away from the showroom - in fact, we've recently covered both the least and the most depreciating new cars in the UK. But what about if you're buying used?
Specialist site UsedCarExpert.co.uk has been analysing the data, and come with a top 10 list of cars that have lost the most value on the second-hand market since December 2011.
Covering cars aged between one and 10 years old, and only where a sample of more than 100 vehicles was available, it's perhaps no surprise that the biggest offenders are from the 4x4, luxury and sports car segments.
But you might be shocked at just how much values have dropped. There are some real bargains about...
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I have an 11 year old 911 Carrera 4. 64 years old, retired civil servant who could not care less if people think what a ****. You are a long time dead, so enjoy what you can afford while you are fit enough.
Paid 27grand 3 years ago, now probably worth 10 but who cares if you are not selling.
For those who don't care about what they drive, perhaps because they are cautious drivers, I can understand some of the comments below. If you don't like driving much then you wouldn't want a sports car. However if you have ever actually driven a Porsche (or any decent sports car) they do 'feel' different from, say, a perfectly good but quite dull Ford Focus or Mazda 3. I'm not rich (as if that really makes a difference) but I have a relatively new (4 Year old) Audi TT roadster which I enjoy driving. I drive my car because I like it, especially with the top down. This is not to show off. I don't care if people look at me and think what a w*******r, I do it because its fun. Better a soft top than a tin can any day.
As for the 4x4s it is always possible that some of them get out into the countryside - but I doubt it.
Is it really surprising that a car that was an overpriced pile of junk in the first place will lose its value quickly? If you can afford to buy and run any of these cars chances are you won't care what they are worth now.
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