Used car buyers should look out for cars that depreciate much quicker than others if they want to get a great bargain. One such example is the Alfa Romeo 166 as after three years and with only 37,000 miles clocked up, it was reaching just 12 percent of its original price. Used car buyers could really take advantage of this statistic, although those who purchased a brand new Alfa Romeo 166 could be understandably very upset. However the Alfa Romeo 166 was only produced between 2004 and 2006 so most of these will be virtually worthless now.
Studies of the rate of depreciation of cars by EurotaxGlass produced a report detailing the ten worst performing cars and the ten best. This list should be referred to by those wishing to buy brand new or used cars. Some of the cars on the worst performing list were actually obsolete now, EurotaxGlass were keen to point out. But the worst performing list could throw up some great buys for those wanting to purchase a used car.
An example of one such great buy was the Rover 75 1.8T Comtemporary SE. A three year old model with 37,000 miles on the clock was only valued at £3,300 despite the original market value being £22,700. If you wanted a great car for another three years before trading it in for at least £1000 then the Rover 75 would be the perfect car to buy.
Fast depreciating cars may offer the used car buyer the chance to get a great bargain. So many used cars on the market today are great buys at a really cheap price. So before you look for a used car, don’t forget to refer to the list of those fast depreciating cars.
Whenever you happening to be looking for used cars, you may end up much better off by thoroughly researching the cars that interest you. Good research lets you find only the best models available. And when you finally finish your research, you could find yourself leaving the car delears with a splendid used daihatsu or even a used dodge.