2:17 pm, November 11, 2021
Land Rover has topped the charts of the car brands that hold their value the most after five years, according to new research from Carwow.
The figures were generated using data from its Sell Your Car service – previously Wizzle and recently acquired by Carwow – looking at how much of their original values cars had held five years on.
It revealed not only the makes but also the models that have retained the most value after five years in 2021, which can be seen below, and Land Rover had two vehicles also place in this.
Land Rover vehicles were found to hold 63 per cent of their value after five years, three percentage points more than its nearest rival.
While there were plenty of premium brands making the top 10, there are some that may be a surprise.
Placing second on the list was Honda with 60 per cent and in third place was Fiat with 56 per cent, just beating Mercedes, which retained 55 per cent of values.
Of all of the Volkswagen Group brands, only Seat made the top 10 with 46 percent.
Compared to sister-brand Land Rover, Jaguar scored only 46 per cent placing joint sixth with Seat, followed by Nissan and Toyota both with 44 per cent.
Completing the top 10 were Vauxhall and BMW, scoring 43 per cent and 42 per cent respectively.
Sepi Arani, commercial director at Carwow,said: ‘It’s well known that many cars dramatically drop in value as soon as they leave the garage, so knowing that some well loved brand such as Land rover can hold up to 63 per cent of their original price value five years later, is a positive insight.
‘This is also something to keep in mind if a driver is buying a vehicle with the intention of selling it a few years later.
‘Now is also a great time to consider selling your car, as a shortage in semiconductor chips has resulted in a long waiting list for new cars, meaning more people are turning to the used market for their next car, subsequently increasing demand and increasing prices – which is even better news if you already own one of these vehicles that hold their value well.’
The top 10 car models that hold their value
1 Mercedes C-Class Coupe
- 63 per cent of value held after five years
3= BMW 4 Series
- 61 per cent of value held after five years
3= Mercedes C-Class
- 61 per cent value held after five years
4 Honda Civic
- 60 per cent of value held after five years
5 Jaguar XF
- 58 per cent of value held at five years
7= Volkswagen Golf R
- 57 per cent of value held after five years
7= Range Rover Evoque
- 57 per cent of value held after five years
8 Fiat 500
- 56 per cent of value held after five years
10= Vauxhall Astra
- 53 per cent of value held after five years
10= Range Rover Sport
- 53 per cent of value held after five years
