When purchasing a new car it’s a necessity that you like the look of it and enjoy driving it. Car finance can make a dent in your monthly disposable income so it is vital you make the most of what you can afford. You should also think about running costs and depreciation too. How much will your car value drop by in the usual ownership period of four years?
There are some fantastic vehicles on the market today that are a lot better at holding their value than others. This can depend on the manufacturer, the popularity, colour and many other factors as well as the model and condition of the vehicle.
4x4s and SUVs are a great choice if you’re looking for something that holds its value. After a typical 3-years, 36000 mile ownership period SUVs actually retain 46.6% of their new price.
Prestige vehicles such as sports cars and luxury cars also hold their value well. The Porsche Cayenne being one of these. Out of the Porsche range one of the biggest selling models is the Cayenne. The Cayenne has a classy and expensive cabin which offers a comfortable ride and superb handling. This large SUV is very practical and is also one of the slowest depreciating new cars in the UK.
The Audi A1 is another popular choice now due to its prestige supermini design, low running costs and top quality interior. Although the A1 isn’t the cheapest of cars to buy this does mean you’re likely to lose less money when it comes to selling it on. This premium supermini looks great from both the inside and the out and drives fantastic.
The Audi Q3 is a great looking vehicle both inside it out. Whether you opt for the diesel or the petrol engine you’ll find that both hold their value well. The stylish interior along with the long equipment list make this an extremely desirable vehicle. Thanks to the Q3’s sharp handling and turbo you are given an overall comfortable and powerful ride.
Along with the Range Rover Sport and Vogue the Evoque is an extremely practical SUV with a really impressive image. It’s known for its fantastic off-road skills and overall excellent drive.
Inside, the interior is finished to the high standard you’d expect and offers plenty of head and leg room. The five door Evoque is one of the most popular prestige cars on the road and if you’re looking for something to hold its value well then this could be a winner.
The BMW X3 is another top scorer for us here at Hippo. Thanks to its kidney grille and twin circular headlights it’s instantly recognisable as a BMW. The interior is tasteful and the top quality materials used throughout means the cabin is given an overall upmarket finish. If you’re looking for the versatility of an SUV but the lower running costs of a smaller car then the X3 could be the car for you.
Like many of the SUV’s on this list the Kia Sportage is also one of the slowest depreciating cars around. Form the outside the Sportage looks very distinctive with its large grille, low roof line and small window area. Inside, the styling is bang up to date. Thanks to the soundproofed windscreen there’s little noise from the engine when driving either around town or on the motorway and with upgraded suspension, the Kia Sportage provides incredible comfort when driving.
Another desirable vehicle from the Land Rover range is the Discovery. The ultimate all-rounder family car in our eyes. With 7 seats you’d think that the Discovery may be a little squashed but this isn’t the case. It has incredible off road ability and even on the roughest of terrain the Discovery is comfortable.
We expect more than 51% of our customers to achieve this rate.
|Loan Amount||Total Cost of Credit||Representative APR||48 Monthly Payments||Deposit Amount||Loan Term||Total Amount Payable|
|£7,500||£3019.16||19.1% APR||£219.77||£0||48 Months||£10,519.16|
We are a broker not a lender and our registered office is Trident Park, Trident Way, Blackburn BB1 3NU. Our contact number is 01254 919000