There’s no question that picking up a new car makes for a very special day, if for no other reason that the value that disappears when you drive your pride and joy off the showroom floor makes it one of the most expensive days of your life. The latest edition of Parker's annual depreciation report surveys 300 model ranges in the UK market, and lists their value in good condition with 10,000 miles on the clock one year later. Accordingly, the depreciation cost of one year for every model can be calculated, and the most and least expensive cars are hereby presented:
The biggest winner was the Honda Jazz which for last year at least, was Britain's best car for retaining its value. The Parker’s survey uses the value of cars, as if they were being sold privately, in good condition with 10,000 miles on the clock and compares this to their cost as new, 12 months earlier.
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Small cars showed they are certainly the safest bet for depreciation, taking 35 of the top 40 places in the index.