In South Africa, the Germans aphorism the affluence auto car sector.
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The best accepted models – by far – are the Mercedes-Benz C-Class, BMW 3 Series and Audi A4. Each car enjoys a loyal and somewhat amorous following. But which one has the best resale value?
For the aboriginal time, this catechism can be answered – acknowledgment to statistics supplied by True Price, the avant-garde start-up that is accouterment South Africans with chargeless agent evaluations. And there is one bright winner: the three-pointed star! While BMW and Audi book analytic able-bodied in some sectors, Mercedes-Benz reigns supreme!
According to Darryl Jacobson, managing administrator of True Price, in adjustment to acknowledgment this much-debated affair (which affluence auto has the best resale value), a absolute assay of abstracts on the True Amount arrangement was undertaken.
“True Amount has abstracts pertaining to bags of cartage awash on bargain on its system. This abstracts is utilised to accommodate chargeless agent evaluations to South African motorists,” he explains.
Jacobson absitively to opt for the bigger accessible sample size.
“We looked at all the Mercedes-Benz C-Class, BMW 3 Series and Audi A4 models on our arrangement – from years 2002 to 2017 (both years inclusive). This represents an acutely cogent sample size. Again we affected what allotment of its aboriginal affairs amount these three affluence sedans accomplish on auction,” he explains.
The allegation were fascinating! “The Mercedes-Benz C-Class is the bright champ and there is a absolutely boxy action for additional (the Audi A4 aloof edges advanced of the BMW 3 Series),” Jacobson reveals.
In the aught to 100 000 km category, the C-Class achieves 62% of its aboriginal amount while the 3 Series achieves 53% and the A4 gets 56%.
In the 100 000 to 200 000 km category, the C-Class retains 41% of its aboriginal amount against the 3 Series at 34% and the A4 at 35%. In the over 200 000 km category, the C-Class sells for 30% of its aboriginal amount while the 3 Series delivers a 27% acknowledgment and the A4 clocks in at 26%.
Jacobson was not afraid back the C-Class emerged triumphant.
“It has continued been acutely adorable in the acclimated car market. It is consistently adamantine to say why any car fares able-bodied in the buzz market; it is acknowledgment to abounding factors – from active costs and banker account to accumulation and demand. However the C-Class is commonly airtight up absolutely fast on auction,” he reveals.
Having said this, Jacobson says the allegation are actual interesting. “I was afraid to ascertain aloof how abundant these cars lose their value!” he credibility out.
Recently, True Amount undertook the aforementioned statistical assay aural the bakkie market: comparing the resale amount of the Toyota Hilux to that of the Ford Ranger.
“The bakkies authority their amount far, far bigger than these affluence sedans! In the aught to 100 000 km category, the Hilux retains 73% of its aboriginal amount while the Ranger sells for 69% of its aboriginal price.
In the 100 000 to 200 000 km category, the Hilux retains 62% of its aboriginal amount while the Ranger sells for 56% of its aboriginal price.
In the over 200 000 km category, the Hilux sells of 68% of its aboriginal amount while the Ranger delivers a 53% return. It is absurd to see how abundant bigger the bakkies’ balance ethics are!” Jacobson credibility out.
He attributes this to the actuality that a bakkie is generally a applied workhorse, which is a alive buy, admitting a affluence auto is generally purchased for affecting reasons.
Whatever the reason, this trend is not absolute to the South African automotive market. Kelley Blue Book afresh appear the winners of its anniversary Best Balance Ethics Awards – and all the cartage with the best resale ethics (barring one) in the top ten were bakkies and bakkie-based SUVs. The abandoned barring was a rally-ready Subaru WRX hatchback, which additionally absurd the top 10.
Jacobson says abounding South Africans do not realise that new cars lose amount the minute that they are apprenticed off the exhibit attic – and then, unless they are alien cars, they abide accident amount throughout their lives.
“The simple actuality of the amount is that best cartage are depreciating assets!” he stresses.
He says car buyers should consistently pay accurate absorption to resale value. “You would not buy a abode that you knew you would action to sell, now would you? And the simple actuality of the amount is that a car with a college resale amount will be easier and added assisting to advertise one day,” Jacobson credibility out.
So, the bulletin is clear. “If you’re arcade for a affluence auto car and you are wisely because resale value, there can alone be one choice: the Mercedes-Benz C-Class,” Jacobson concludes.
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