The slowest cars – at losing value
Depreciation makes an absolute mockery of any other running costs. There are cars out there, like the Renault Zoe, losing 75 per cent of their value in just the first year, and that’s not the only example by a long way. Fuel, tax and servicing can represent only a small percentage of your annual running costs. So what if you want to buy wisely, to buy a car that loses value as slowly as possible?
You’ll need to read our countdown to the top ten. And here they are.
10. Audi SQ7 quattro Tip Auto
List price £73,145
Depreciation after year 1 £57,700 (78.9%) Year 2 £49,275 (67.4%) Year 3 £44,025 (60.2%)
Here’s a great combination to kick off our top ten – a big SUV that goes really fast and loses value relatively slowly. (We’re assuming, as with the others on the list, an annual mileage of 10,000 miles.) Add in a really pokey V8 diesel and a raft of technology in the beautifully crafted cabin and this looks like a canny buy.
9. Audi RS3 quattro S tronic
List price £43,925
Depreciation after year 1 £33,400 (76.0%) Year 2 £29,990 (68.4%) Year 3 £26,875 (61.2%)
Audi manages the same trick again, just further down the size scale. The hot hatchback has the same engine as the TT RS, and that pace is backed up by practicality and style.
8. Jaguar E-Pace 2.0 2WD
List price £28,340
Depreciation after year 1 £21,700 (76.6%) Year 2 £18,875 (66.6%) Year 3 £17,425 (61.5%)
The follow-up to the larger F-Pace, the E-Pace is a smaller SUV to rival the Audi Q3 and others. While this 2.0-litre version depreciates slower than the others, there isn’t an E-Pace that should lose even 50% of its value over three years, but this version will lose less than 40%.
7. Porsche 718 Cayman 2.0 PDK
List price £44,952
Depreciation after year 1 £38,125 (84.8%) Year 2 £32,475 (72.2%) Year 3: £27,750 (61.7%)
This is the entry level vehicle, but with 295bhp you’re not exactly short-changed in the power department. But you will be short-changed in the standard equipment department. So, given that you’ll be ‘saving’ money on low depreciation, perhaps you won’t mind so much spending money on what Porsche views as not-necessary options like cruise control, sat nav, Bluetooth and parking sensors.
6. Mercedes-AMG GT R
List price £142,460
Depreciation after year 1 £125,775 (88.3%) Year 2 £105,925 (74.4%) Year 3 £89,425 (62.8%)
This green missile is fast. How fast? It’s the fastest rear-wheel drive car round the Nurburgring, beating even Ferrari’s 488 GTB. Okay, so respect. It can reach just short of 200mph, passing 62mph from rest in just 3.6sec, all of which is due to the 577bhp produced by the twin-turbo V8. So, a fairly desirable car then – something reflected in the values, which fall only 37% in three years.
5. Range Rover Velar D180
List price £44,630
Depreciation after year 1 £37,850 (84.8%) Year 2 £32,075 (71.9%) Year 3 £28,950 (64.9%)
Here’s something you wouldn’t expect to find – a Range Rover in a list of slow-depreciating vehicles. The new Velar, sitting between the Evoque and Range Rover Sport, comes packed with kit and, in this entry-level diesel version, should depreciate slowly, partly as a result of its attraction as a company car.
4. Porsche Macan Turbo Performance
List price £69,560
Depreciation after year 1 £57,175 (82.2%) Year 2 £48,775 (70.1%) Year 3 £45,150 (64.9%)
For an SUV this is shockingly quick – not that the standard Macan is exactly a slow-poke. Handling is incredible for what is a big tall vehicle – although by SUV standards this is low-slung. The cabin is awash with buttons and dials, and rear space is limited, but the cabin feels up to the level of the performance.
3. Porsche 911 GT3
List price £118,857
Depreciation after year 1 £114,600 (96.4%) Year 2 £94,675 (79.7%) Year 3 £79,975 (67.3%)
The GT3 brings real track performance to what is still in many ways a civilised road car. The 4.0-litre 493bhp flat six is terrific to drive hard on road or track, and in reality you’re not giving up that much civility for the hugely aggressive performance.
2. Ferrari 488 GTB
List price £182,844
Depreciation after year 1 £175,000 (95.7%) Year 2 £145,475 (79.6%) Year 3 £125,025 (68.4%)
This is a luscious Ferrari with the 3.9-litre V8 behind you. It’s easy to live with yet it can hit 62mph in just 3sec from rest, so you’re getting the best of both worlds. Running costs are high and, although depreciation is low, note that the list price above is for a stock car and most owners add enough extras to take prices over the £200,000 mark.
1. Range Rover Sport 2.0 SD4 HSE
List price £60,815
Depreciation after year 1 £52,425 (86.2%) Year 2 £46,100 (75.8%) Year 3 £43,225 (71.1%)
Astonishing – the vehicle most resistant to depreciation is a Range Rover. After three years you’ll still be left with over 70% of its value if you go for the Sport SD4. It’s big, it really can go off-road, and the cabin is as stylish and luxurious as you like. Even the SDV6 HSE diesel model will keep 66% of its value over the same period. That’s a lot of luxury, prestige and presence for a level of depreciation many mainstream cars couldn’t get even near.