14 Cars that Depreciate Slowly

14 Cars that Depreciate Slowly

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Australia's top resale value cars

Buying a car is a liability. This is something your parents will tell you when you get your first job so you buy a secondhand car that gets you from A to B, rather than dropping a year's wages on your dream car only to find you owe more on the car loan than the car is worth.

When you are ready to buy a brand new car, it's not all doom and gloom. By doing your research and making a careful selection, you'll minimise your losses on a new car purchase. Start here with 14 cars that depreciation less than the competition.

Fourteen cars that depreciate the least

When you buy a car brand new, it loses value fastest in the first year that you own it. Here's the Aussie car makes and models that minimise that financial hit.

4WD's with less car depreciation

1. Toyota Land Cruiser

The Land Cruiser first arrived in Australia to be used in the 1958 Snowy Mountain River Scheme, and they've been a strong favourite ever since with those who need to tackle tough terrain and get things done.

Toyota Land CruiserImage courtesy of Car Advice

The Toyota's sturdy reputation ensures minimal car depreciation, so you should get a resale price of 68 to 74 per cent of the original price (Redbook, September 2017), especially if you've chosen a GXL turbo-diesel model popular in the off-roading community.

2. Subaru Forester

A practical family car that won't let you down off the beaten track, the Forester is popular in the secondhand market thanks to its unmatched versatility.

Subaru ForesterImage courtesy of Car and Driver

If you buy new, after three years your car depreciation puts the resale value at 70 to 75 per cent of your purchase price, according to Canstar.

3. Land Rover Range Rover

Land Rover Range Rover

Image courtesy of Cars Guide

This 4WD could also fit neatly into the luxury car segment. Its off-road ability remains unquestionable, with new technology turning any dirt road or creek bed into a pretty smooth driving experience.

"It's basically a Bentley crossed with the offroad ability of a tractor" - Top Gear

Low car depreciation on the Land Rover means you can resell for around 70 to 75 per cent of the new purchase price (Redbook, September 2017).

4. Nissan Navara

The Nissan Navara prove that economic fuel consumption, even in a big vehicle, will contribute to a sturdy resale price. Other contributing features are the excellent handling when loaded or unloaded, the ability to produce high power with minimal fuel use, and a comfortable cabin.

Nissan NavaraImage courtesy of Car Advice

Car depreciation for the Navara means you can resell for around 71 per cent of the new purchase price after three years or 60,000km, according to Glass's Guide.

Small cars that depreciate the least

5. Hyundai i30

Hyundai i30Image courtesy of Auto Trader

Hyundai continues to demonstrate a commitment to providing top of the range technology and design at very affordable prices. With materials, handling and technology that you'd expect in a much more expensive car, car depreciation for i30 is minimal for a small car with a resale value of 60 to 65 per cent of the new car price after three years (Redbook, September 2017).

6. Honda Jazz

One of the most spacious small cars available. CarAdvice have suggested that if you need the space of a van in the city, but you don't want to drive a van everywhere, then this is the car for you.

Honda JazzImage courtesy of Drive

Practicality leads to minimal car depreciation. The Honda Jazz is worth 67 per cent of the new purchase price after three years or 60,000km according to Glass's Guide.

7. Volkswagen Polo

With a high-quality finish you won't find in cars twice the price, great fuel economy and super-easy parking, the car depreciation sets a private sale price of 60 per cent of the original value after three years (Redbook, September 2017).

Volkswagen PoloImage courtesy of Car Advice

Want to finance one of the car's you've read about so far? Get a quick quote for a 4WD or small car.

Family cars with lower car depreciation

8. Honda CR-V

Offering unpretentious practicality and ride height, the Honda CR-V gives you space and comfort that you need for the whole family.

Honda CR-VImage courtesy of Car and Driver

One of the most attractively designed SUVs in its class, it shows that looking good in the driveway matters to secondhand buyers. Low car depreciation sets the resale value at 60 to 70 per cent of the new purchase price after three years (Redbook, September 2017)

9. Mazda3

With six variants to choose from, the Mazda3 is one of Australia's most popular cars. Extras won't add to your resale value, nevertheless choosing a Mazda3 when you've got a growing family will make upgrading financially easier.

Mazda3Image courtesy of Cars Guide

Depreciation over three years leaves you with a sturdy 61-70% of your original purchase price at resale, according to Canstar.

10. Toyota Corolla

Available as a hybrid since 2016, few remember this incredibly popular small car once dominated the Bathurst 1000 between 1985 and 1992.

Toyota CorollaImage courtesy of Edmunds

Reliability and the brand name mean low car depreciation, with a solid resale price at 65 to 70 per cent of the new purchase price after three years. (Redbook, September 2017).

11. Mazda2

The hatchback model is perfect for a small family, great fuel consumption once again proves desirable in the secondhand market, keeping this hatch popular as many Australians make the switch to a small SUV.

Mazda2Image courtesy of Cars Guide

Minimal car depreciation means the secondhand price of 65 to 70 per cent of the original price (Redbook, September 2017).

Sports & luxury cars that depreciate the least

12. Audi A5

This stunning coupe isn't exactly made for the city streets. Out of town, you'll relish the advanced technology, luxurious interior and impeccable cornering.

Audi A5Image courtesy of Car and Driver

When you've had enough, this sports car's low depreciation means you'll be able to sell the A5 for around 73 per cent of its original price (Redbook, September 2017).

13. Porsche Cayenne

Offering the ultimate driving versatility, the Porsche Cayenne handles beautifully anywhere from the race track to off-road rocky climbs.

Porsche CayenneImage courtesy of Drive

In a class of its own, the Cayenne keeps its value, depreciating to 70 per cent of its original value after three years (Redbook, September 2017).

14. Toyota 86

For driving enthusiasts who love the twisting, turning backroads, the 86 invites you to press its limits. A great road feels and rear-wheel drive keeps this car popular in the secondhand car market.

Toyota 86Image courtesy of Car Advice

According to Glass's Guide, this nippy car has minimal car depreciation, holding 64 per cent of its value after three years or 60,000 km.

When you've chosen your dream car, or just your A to B car, with a view to a solid resale value, get a quote for a car loan for the best deal on your finance.

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