Vehicle evaluation group True Price provides new data on cars with the best resale value in South Africa.
The group’s data is gathered from thousands of vehicles sold on auction around the country.
“To determine which passenger cars have the best resale value, we analysed all our data and came up with a list of the top 10 cars,” said Darryl Jacobson, MD of True Price.
“This list is based on actual prices achieved on auction. The figures pertain to the percentage of original selling price that has been achieved on auction,” he said.
Jacobson stressed that resale value is an essential consideration when buying a new car.
“Depreciation is one of the new car buyer’s greatest expenses. It is absolutely vital to take resale value into consideration before signing on the dotted line,” he said.
Below is a list of the 10 vehicles with the best resale value and how much they cost to buy new.
Renault Kwid – from R132,500
Toyota Etios – from R179,500
Volkswagen Polo – from R216,300
Kia Picanto – from R150,995
Kia Rio – from R233,995
Mercedes-Benz A-Class – from R500,012
Volkswagen Golf – from R320,800
Datsun Go – from R149,600
Volkswagen Up – from R175,600
Mercedes-Benz C Class – from R612,669