As cars leave the manufacturer site, they depreciate and lose value. But some vehicles lose their value a lot faster than others. According to a new study released at the end of July, among all vehicles available on the market, compact MPV’s / crossovers hold their value best!
The German vehicle rating agency Schwacke analysed the values of different three-year old second hand cars with 45.000 kilometres each on their clocks. The study found all compact MPV’s / crossovers that were evaluated depreciate extraordinary slowly.
The whole segment of compact MPV’s / crossovers holds its value better than other vehicles – used values average 53 per cent more than equivalent aged sedans, coupes, convertibles or city cars. However, some brands and models stand out among their competitors holing even more of their original value.
Mercedes-Benz and Skoda keep their value best among their fellow compact MPV and crossover manufacturers. The most stable van model is the Mercedes-Benz B-Class with a used value of 57.7 per cent. Skoda Roomster follows with a value of 57.3 per cent. The only way to suffer less depreciation would be to lease a Mercedes.
But Mercedes-Benz’s and Skoda’s competitors don’t need to hide behind the two winners. Nissan Qasqai boosts a value of 55.2 per cent, Peugeot 3008 comes at 54.1 per cent, Hyundai ix20 follows with 53.6 per cent, Ford C-Max shows a rest value of 53.3 per cent, Seat Altea 53.1 per cent, Renault Scenic boosts 52.9 per cent and Opel Meriva comes at 52.5 per cent.
Schwacke also analysed how many days it takes to buy and resell a second-hand compact MPV. It is an important indicator of the popularity of each model. The study revealed huge differences among the compact segment. While the still young Mercedes-Benz B-Class sells within a record 29 days, traders of the Peugeot 3008 have to wait an average 145 days before they can find a buyer.
Demand for used compacts even varies according to the engine type. For example, the Hyundai ix20 as a petrol version sells 36 days faster than the same model in diesel.
Compact MPV’s / crossovers are not only popular on the used car market. They are selling well brand new from the manufacturer site, too. In the first half of 2012, Mercedes-Benz sold almost 30,000 vehicles of the B-Class model which only got launched at the end of 2011. The brand with the star sold more than Opel and Ford could do together with their models Meriva and B-Max.
Darcia is gaining an increasingly growing share of the market with its new Lodgy and so is Skoda with its mini van model Roomster. The whole compact market developed better in the first six months of 2012 than the overall car market, according to German newspaper Handelsblatt.