11:03 am, October 13, 2022
Earlier this week Car Dealer revealed the 10 used models that have saw the biggest price hike in September. But what about the other end of the scale?
What of those vehicles that have declined in price over the past year, despite used car values being higher than ever?
Using the same data, from Auto Trader’s latest retail price index, the worst-performing models can now be revealed.
The biggest depreciating used car last month was the Jaguar XK, which retains top spot for the second consecutive month.
The model had an average asking price of £21,690 in September – a year-on-year decline of 12 per cent. In August, the XK had an average asking price of £22,366.
Also among the biggest depreciators were the BMW 8-Series (10.5 per cent); the Land Rover Discovery 4 (10.2 per cent) and the DS 7 Crossback (7.4 per cent).
The only Japanese car included on the list was the Mazda MX-5 RF (£19,117) but there were plenty more German entries, including the BMW 8-Series Gran Coupe (5.3 per cent); the Audi SQ5 (4.6 per cent) and the Mercedes SLC (4.4 per cent).
The other two models to make the Top 10 were the the Land Rover Discovery 3 (6.1 per cent) and the Vauxhall Grandland X (5.1 per cent).
The full list can be seen below…
Top 10 depreciating used models in September
10. Mercedes SLC
Average asking price: £23,840
Loss in value: 4.4 per cent
9. Audi SQ5
Average asking price: £34,822
Loss in value: 4.6 per cent
8. Vauxhall Grandland X
Average asking price: £15,901
Loss in value: 5.1 per cent
7. BMW 8-Series Gran Coupe
Average asking price: £53,188
Loss in value: 5.3 per cent
6. Mazda MX-5 RF
Average asking price: £19,117
Loss in value: 5.8 per cent
5. Land Rover Discovery 3
Average asking price: £7,803
Loss in value: 6.1 per cent
4. DS7 Crossback
Average asking price: £25,599
Loss in value: 7.4 per cent
3. Land Rover Discovery 4
Average asking price: £19,316
Loss in value: 10.2 per cent
2. BMW 8-Series
Average asking price: £62,635
Loss in value: 10.5 per cent
1. Jaguar XK
Average asking price: £21,690
Loss in value: 12.0 per cent
