That vital tool of the used-car trade, Glass’s Guide, has today revealed that the Mini 1.4TD is the slowest depreciating car in the UK.
For the second year running, the Mini tops the table, although even it has slipped a bit – retaining 63.2% of its value over three years, a fall of 7.8% since last year.
Glass’s cite the reasons for the Mini’s success as its strong image, a perception of quality and its reasonable running costs. They also claim that the Mini is an acceptable ‘Trade-Down’ car for those looking to come out of more expensive, luxury cars.
Even though the Mini has been with us for a while now, and its image is a little tarnished by the droves of Estate Agents zooming round the place like bees looking for pollen (although they’re probably on push-bikes by now, having not sold a house since Easter), it is still perceived as a good car. And that will help not only Mini owners, but its makers, BMW, keep things afloat at the moment.
The full depreciation list, and the rate, is:
- MINI 1.4TD 3 door & convertible – 63.2%
- Citroen C1 1.0/1.4 TD 3/5 door – 61.2%
- Ferrari F430 Coupe/Spider – 60.9%
- Toyota Aygo 1.0 3/5 door – 60.6%
- Peugeot 107 1.0 3/5 door – 57.4%
- Smart 700 – 56.7%
- Seat Leon 1.9TDi/2.0 TDi 5 door – 55.4%
- Lamborghini Murcielago 6.2 Coupe – 55.2%
- Toyota Prius 1.5 Hybrid T4 5 door – 55.0%
- Porsche 911 Carrera 2/4 (997) Coupe & Cabriolet – 54.8%
Although I’m sure these figures are accurate according to the guide, in the real world I can think of one or two that really aren’t as good as they seem!