In this depreciation survey Morgans do well - but I am surprised it is still so high.
Looking at second hand values - I am sure they are higher and as time goes by they retain their value maybe like a 'U' curve.
By lovemoney.com, Sep 4, 2012
Filed under: Motoring, we find the best and worst new cars for depreciation.
Choosing a new car is a complicated business, as you must weigh up fuel economy, car insurance premiums and road tax, as well as the ongoing expense of maintaining, servicing and repairing your pride and joy.
What's more, many buyers forget the most important – and expensive – bill for running a car: depreciation. This is the tendency for resale value of cars to fall over time. Generally speaking (and with the exception of classic or vintage models), older cars are less valuable than new models. In effect, this loss of value over time accounts for ageing and wear and tear due to use.
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Typically, the biggest loss due to depreciation occurs in a car's first year of life, when it flips from being brand new to having had at least one previous owner. Therefore, the steeper a vehicle's depreciation, the more you lose during your period of ownership.
As you'd expect, different makes and model of car depreciate at different rates. For example, winners in this category can lose as little as 45% of their list prices in their first three years. At the other end of the scale, a motor can lose four-fifths (80%) of its value in just 36 months.
Ten depreciation stars
To show you these differences in depreciation, I tracked down a report from Auto Express, one of the UK's leading motoring websites. Using data gleaned from industry experts CAP, Auto Express has produced a list of the cars that hold their value best – and worst.
Here are the 10 new cars that, bought today, will hold their value best over the next three years, assuming mileage of 30,000 miles between now and August 2015:
Car
Depreciation
Porsche 911 Carrera Cabriolet PDK
44.7%
MINI Roadster Cooper SD [Chili/Sport/Media Pack]
45.0%
Ferrari 458 Italia
46.4%
Morgan 4/4 1600 Tourer Sport
47.2%
Mercedes A-Class A180 CDI BlueEFFICIENCY AMG Sport
47.7%
Audi A3 1.6 TDI SE 3dr
47.8%
Mercedes SLK 250 CDI BlueEFFICIENCY Auto
47.9%
Porsche Boxster 2.7 PDK
48.1%
Morgan Roadster V6 [4 seats]
48.2%
BMW M135i M Performance 5dr
48.3%
As you can see, this table mostly consists of upmarket or high-performance cars, including an Audi, a BMW, a Ferrari, two Mercedes, two Morgans and two Porsches. However, the list also includes the popular MINI Roadster .