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Read on if you would prefer to get a great used car at a great price rather than paying out a huge sum for a brand new one. Some used cars may be a better buy than others. Because some used cars depreciate at a faster rate than others they can be a great buy. Even though the car may be very reliable it could lose value quickly for various reasons.

 

Examples of the types of cars that are offering superb value to the used car buyer are the Ford Ka, the Vauxhall Vectra and the Volkswagen Phaeton.

 

The Ford Ka is a great run around and comes from a family of great cars. The main reason why this car has seen a huge decrease in its value is the fact that Ford have introduced a new model. This has affected the value of the original Ka which is good news for the used car buyer it is still a great reliable car. In 2007 it cost £10,000 to buy a brand new SportKa SE. However, just three years later the value of that same car is now worth £5,000 meaning a depreciation of 50%.

 

The Vauxhall Vectra is yet another example. This vehicle has depreciated for many different reasons such as a huge supply and the fact that the Insignia has now arrived to replace it. In 2007 the price for a brand new 3.0 litre V6 CDTi Elite would have set you back £26,605 but just three years later it could be bought for £11,000.

 

The Volkswagen Phaeton is a more exclusive example. This 6.0 litre W12 4Motion model cost £73,860 in 2007 but was valued at only £27,000 today.

 

So for whatever the reasons, you might just find a great used car out there which has decreased hugely in value so be sure to be on the lookout.

 

When you think it's time to look out for used cars, it's always best to carry out a proper research ahead of time. Researching allows you to find the very best used cars for the category you are looking for. When your research is done, you could very well end up with a great used BMW 7 series or even a used peugeot 306.

Tags: buy used cars, buy used vehicles, sell used cars, used cars, used vehicle