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Buyers advised to look for the least depreciating models

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Published: 16-Apr-2008
Drivers have been advised this week that one of the most significant ways to save money when buying a new or used car is to look for the models that depreciate the least.

BMW's Mini represents one example of a car that is in such high demand that shoppers, including those with car loans, should consider it as it is less likely to drop rapidly in value once it has left the forecourt, moneyhighstreet.com reports.

The site reports that for this reason manufacturers such as Ferrari always undersupply the market, but adds that for those with more limited car finance options now is the time to buy more fuel-efficient vehicles.

"Buy cars that run on diesel rather than petrol - escalating fuel prices means that the more economical diesel is increasingly in demand," the site advises.

It is also suggested that larger cars with high petrol consumption are increasingly falling out of favour and that expensive vehicles not considered to be part of the luxury market should also be avoided.

Jason Dawe of TV's Used Car Roadshow advises that an Audi R8 or Ferrari F430 bought today could be sold tomorrow to make between £10,000 and £15,000 profit, Auto Express reports.
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