posted 5 years ago

Best Value Used Cars

Motoring.co.uk's database is the natural home of the best value used cars

Motoring.co.uk's database is the natural home of the best value used cars. This extensive resource lists everything from vast four-wheel-drive leviathans to economical little city cars. Many of these vehicles have depreciated considerably since the original owners claimed the keys, so let's consider a couple of noteworthy bargains.

One of the general principles of car valuations is that originally high priced prestigious vehicles with modest badges lose value quicker than a panicking stock market. The Citroen C6 is an excellent example. Back in 2007 the standard 2.2-litre model had a list price of £28,000. This vehicle is now only worth approximately £11,500. The high-spec 2007 3.0-litre V6 Exclusive has also plummeted in value from £36,000 to roughly £13,000.

Eye-watering depreciation also affects the Volkswagen Phaeton. Straight from the factory in 2007 the Phaeton 6.0-litre W12 4MOTION (lwb) cost £73,860. This monstrous beast is now only worth a comparatively modest £27,000. That is a drop of nearly £47,000 in three years, or to put it another way - virtually the price of a new Jaguar XJ.

The final executive contender is the recently retired Peugeot 607. This Frenchman's plaything may not be particularly good to drive, but it is a good value used purchase. Shiny and new at the beginning of 2009 the top-end 3.0-litre V6 Executive cost a noteworthy £29,000. This model is today only worth a temptingly affordable £13,000.

These three vehicles are clear proof that cost conscious bargain hunters can easily source a great value used car.