Originally Posted by cuke2u
Hi, I am suprised the depreciation of a Ford is news to anyone, it has always been a fact here. However cars from Vauxhall, Skoda, Hyundai and Kia are worse, the best being VW, don't know why because german cars are less reliable. Most new cars drop about a third of their value once you take it off the forecourt...
One of the least depreciating cars in the USA is the honda fit and generally hondas and toyotas hold their value. I was a bit surprised by how even the numbers were in this survey.
A year old fit can be sold for almost what new one costs. It's insane.
I'm curious what the 3 year depreciation looks like and whether the honda/toyotas do better after the first year.