Least depreciating cars for first-time drivers

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Apr 12, 2023

Hyundai Kona review

New research has revealed the best cars for new drivers when it comes to retaining their value.

According to Uswitch.com car insurance experts, the 2017 Hyundai Kona is the car with the highest value retention, with the vehicle retaining 64% of its original purchase price after use.

The Ford Puma comes in second, with 59% of its original value still intact, while Skoda is the car manufacturer that retains the majority of its original value.

Buying a car is one of the most significant purchases a new driver can make, but on average, new cars depreciate in value by 15-35% in their first years on the road, so new drivers should carefully consider how much of their car’s price tag they expect to get back after selling.

Uswitch.com compared the prices of the most popular cars for first time buyers when bought new, against the average price when it had driven 40,000 to 60,000 miles, to determine which car retained the most of its original value.

Best cars for retaining value for first-time drivers

Rank Make Model Year New price (£) Average used price £ (40k-60k miles) Retained price percentage
1. Hyundai Kona 2017 £22,766 £14,537 64%
2. Ford Puma 2019 £24,660 £14,659 59%
3. Citroen C3 2017 £12,995 £7,702 59%
4. Skoda Octavia 2019 £22,795 £13,231 58%
5. Toyota Corolla 2019 £29,289 £15,994 55%
6 Skoda Citigo 2019 £11,910 £6,024 51%
7. VW Golf 2019 £24,835 £12,122 49%
8. Kia Cee’d 2019 £21,605 £9,933 46%
9. SEAT Ibiza 2017 £17,710 £7,929 45%
10. Skoda Fabia 2014 £17,135 £7,224 42%

Source: Uswitch.com

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