It is a well known fact that cars are a depreciating asset, and not really a good investment choice.

Big dollars evaporate as you drive out of the showroom, and your vehicle makes the transition from ‘new’ to ‘second hand’.

Potential future Re-Sale Values should be considered when purchasing any new vehicle, and becomes even more important when it has been financed. The last decade has seen a shift from large family sedans and wagons towards smaller cars with lower purchase prices and running costs.  Also gaining popularity lately are the more economical and refined diesel engines.

These days models like the Toyota Yaris, Mazda 3, Mitsubishi Lancer and Subaru Impreza tend to retain above average valuations, and popular brands include Honda, Mazda, Subaru and Volkswagon.

Re-sale values are influenced by various factors including the cars age, availability of comparable used vehicles, colour (bright fashionable colours  generally have a limited lifespan and are less favoured), condition, make/ model/ manufacturer’s reputation, odometer reading, registration renewal and service history.