James Ruppert: What will today’s used bargains be worth in 2023? Car News

Sometimes I’m asked to peek into the future, put my neck on the line, and make silly predictions. It doesn’t involve lottery numbers or anything remote sci-fi, just used car values. Only an idiot would do this, so when a reader asks nicely, I’ll try to have a little fun.

More recently, I gave an overview of what a new, low mileage 2015 Range Rover Sport could do in a few years. I think it could be around £ 20,000. I could and probably will be wrong, but it’s a little fun. So let’s see if we can predict which cars you can buy right now to take advantage of low, rising, or falling prices. Values ​​are everywhere right now, but they are increasing for almost new offerings, while other factors make a big difference.

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Where to start ? Yes, with tiddlers. It is an endangered species because manufacturers find it difficult to profit from it. The Volkswagen Up is the perfect example. A 2013 1.0 example with a relatively substantial 70,000 miles is yours for £ 3,500. It has a full service history, two owners and it’s a reasonable dealer price. In a few years, I see it at around £ 2,000. The VW badge makes a huge contribution to desirability and sales.

Some models will hardly depreciate. By choosing some of the best bangers that have always done this, you will almost have a money back guarantee.

The Honda Civic is one of the sure things in life. A 2004 two-owner 1.4i SE with 70,000 miles is a mere small shopping car sold privately for

£ 800, and you should be able to get a price cut. It’s never going to be worth less than £ 500, and if you add inflation into the mix, it’s a consistent big banger. Mainly because it’s a Honda and won’t break down in 20 years.

However, it’s not just about cheap dead certificates that are easy to predict. There are a lot of sports cars to be had, and there are so many Mazda MX-5s to choose from. I found a last form 2.0 SE 2018 with 12,000 miles for £ 17,999. In a few years, I think it will be worth £ 12,995.

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This notice was published: 2021-08-31 05:01:23

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