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Sep 30 2017

Car Depreciation in Australia


How Fast do Cars Depreciate in Australia

I’ve always thought that cars hold their value better in Australia than in the UK, with the prices of second hand cars being so much higher, and few really cheap ones, unlike in the UK. Two recent reports seem to still agree with my thoughts.

These are ten examples of Depreciation over the first three years of a cars life.

Top 10 cars that depreciate slowly in Australia

  • Subaru Forester Depreciation after three years: 24 – 31% (27.5% ave)
  • Toyota Landcruiser Depreciation after three years: 26 – 32% (29% ave)
  • Porsche Cayenne Depreciation after three years: 26 – 32% (29% ave)
  • Toyota Corolla Depreciation after three years: 27 – 36% (31.5% ave)
  • Mazda 2 Depreciation after three years: 27 – 36% (31.5% ave)
  • Mazda 3 Depreciation after three years: 31 – 39% (35% ave)
  • Honda CR-V Depreciation after three years: 31 – 39% (35% ave)
  • Hyundai i30 Depreciation after three years: 33 – 41% (37% ave)
  • Honda Jazz Depreciation after three years: 34 – 44% (39% ave)
  • Volkswagen Polo Depreciation after three years: 38 – 47% (42.5% ave)

Source: www.canstar.com.au/../top-10-cars-depreciate-slowly

These rates of depreciation, when compared  to a UK report for the slowest depreciating cars, shows two things, a lower depreciation rate, and a big difference in the type of car.  However, each group does have a Porsche in the top ten, with 29% depreciation for Australia and 44% for the UK, after 3 years.

An example of the 10 Slowest Depreciating cars in the UK for comparison

  • Lotus Elise 1.8 Convertible Depreciation after 3 years: 35.90%
  • Audi S3 hatchback 2.0 TFSI Black Edition Depreciation after 3 years: 35.90%
  • Mini hatchback 1.5 Cooper JCW Depreciation after 3 years: 45.08%
  • Dacia Duster 1.6 SCe Ambiance Depreciation after 3 years: 41.72%
  • Tesla Model S 60 Depreciation after 3 years: 42.77%
  • Audi Q3 2.0 TDI 150 S Line Depreciation after 3 years: 42.77%
  • BMW X4 xDrive20d SE Depreciation after 3 years: 43.59%
  • Range Rover Sport SDV6 HSE Depreciation after 3 years: 43.62%
  • Range Rover Evoque 2.0 eD4 SE Depreciation after 3 years: 43.63%
  • Porsche Macan Depreciation after 3 years: 43.74%

Source: www.whatcar.com/../slowest-depreciating-cars






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