Used car prices rise in January

  • What Car?’s monthly used car analysis
  • Value changes by sector, age and fuel type
  • Retained values also assessed
4x4s currently represent some of the best buys on the used market
4x4s currently represent some of the best buys on the used market
Used car prices increased by 0.8% in January, compared with December last year, according to What Car? used car valuation figures.

Of all sectors, 4x4s represented the best bargains, dropping 0.7% in price, while coupes made the biggest gains in value with a 4% rise.

Average prices for petrol models rose 1.1%, while diesel versions went up by 0.5%.

Across all cars, one-year-old models fell in price by 1.7% against January 2012 figures, while three-year-old cars dropped in value by an average of 0.3%. Five-year-old models bucked the trend with a 1.7% increase in average value.

Retained values for one-year-old models were up by an average 0.3% at 68.9% while three-year-old cars rose 0.1% to 52.3%. Five-year-old vehicles increased their retained value by 0.2% to 37.4%.

4x4s were worth the most after one year, with an average 78.4% retained value, with MPVs holding on to the least value at 62.8%.

After three years, 4x4s retained the most value at 60.7%, but luxury cars were bottom of the pile with a 44.3% average retained value.

What Car? Used Car Valuations

Used bargains

Luxury car suffering steep depreciation:
Audi A8 3.0 TDI Quattro SE LWB Auto
'09/58, 57,000 miles, £15,990
Jardine Motors

4x4s suffer biggest fall in prices in January:
Hyundai Santa Fe 4x4 2.2 CRTD Limited 7st
'08/08, 54,000 miles, £11,995
Mellons Hyundai

Browse What Car? Approved Used cars for sale >>

By Rory White

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