Cars generate a lot of costs. The expenses for fuel and repairs in particular can become a financial burden. However, it is not the regularly occurring visible costs that make a vehicle expensive. A much bigger problem is the depreciation of the car over time. However, vehicle owners usually only become aware of this when they are resold. Many do not consider the later depreciation when buying a vehicle. Since some cars lose less value than others, you should always consider this aspect when buying a car.
Schwacke chooses “Value Champion” 2021
The company Schwacke and Auto Bild have published their annual study entitled “Wertmeister” for the year 2021. The new cars with the lowest predicted loss of value on the German car market are sought and chosen as “Value Champion” 2021. For the study, 6,751 different vehicle types from 350 model series were taken into account and divided into 13 different segments. The 13 segments include microcars, SUVs, sports cars and luxury vehicles. The expected residual value after four years is calculated for the cars. The calculation is based on a forecast for 48 months. The model that shows the lowest value loss in its segment is considered the value champion.
Dacia Sandero Stepway TCe 90 takes first place
The Porsche 911 Carrera 4S sports car loses only 42 percent of its value in four years. This makes it one of the vehicles with the most stable value on the German market. On the other hand, the Dacia Sandero Stepway TCe 90 from Renault took first place. The car from the small car category is not only the most stable in value, but also the cheapest new car on the market at 12,000 euros. The low new car price ensures that the vehicle only loses a little in value as a used car – 34 percent within four years. The BMW 730d performs worst in the luxury category. The vehicle loses 63.3 percent of its value in four years.
Demand and equipment determine the depreciation
As t-online emphasizes, the demand for a car’s depreciation is a decisive criterion. The rule of thumb here is: the more popular a new car is, the lower its depreciation. Particularly coveted models in the high-price segment are unaffordable for many as new cars. The respective model is then only considered as a used car at a lower price. For the owner, this has the advantage that he can still ask for a good price. An example is the Porsche 911 Carrera 4S. As a new car, it costs 130,000 euros – unaffordable for many interested parties. The chances are much better as a used one.
Another important factor is the equipment. It can help reduce or increase depreciation. A popular feature in a popular model protects against a significant loss in value. The equipment should match the model. A base engine in a luxury model tends to have a negative impact on demand. The higher the price segment of the vehicle, the more extras should be installed. Certain colors like yellow or red are less popular. On the other hand, muted colors are in demand. There are popular models in different price segments.
M. Wieser / Editor finanzen.net
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