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Thursday 19 April 2012

Porsche gets best Trade-in value


When buying a new car, many people tend to forget that the value of the car will fluctuate rapidly within the first two years of ownership. This loss in value is commonly known as car depreciation and very few cars, if any at all, are immune to it.

Most of the time it’s difficult to assess exactly how much a car will depreciate because the figures are never really readily available. The TransUnion Auto Dealers’ Guide is probably the best way to assess car depreciation and is used by dealers to determine trade-in values.

IOLmotoring compiled a survey of 100 cars using the 2012 Edition of the TransUnion Auto Dealers Guide to assess car depreciation over a two year ownership period.  According to their survey, the Porsche 911 Carrera 4S PDK came out on top, retaining up to 84.19% of its value after two years. The Porsche Cayman S PDK retained 82.25% of its value while the Porsche Panamera S PDK retained 80.48% of its value over a two year period.

The worst performer was the Chevrolet Optra which retains only 60.94% of its value over two years.

For the full report click here.  


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