Rachel Robson takes a look at which car brands come out best in terms of value for money.
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I'm Rachel Robson for lovemoney.com and today I'm going to look at which cars offer the best value for money.
The trouble with buying a car is that you know that no matter what you do, it's going to lose value over time.
However, certain car brands are better at maintaining their value than others. So we asked lovemoney.com readers which three car brands you thought came out top. And here are the results.
In third place
According to you, our readers, the car brand which takes the third spot is Honda. Honda cars have been praised for their reliability and are generally viewed as the best all-rounder. What's more, these cars don't guzzle fuel and they hold onto their value well.
On the downside, Honda cars haven't scored so well when it comes to pricing, with prices generally varying from eleven thousand pounds to forty thousand pounds.
In second place
The car brand to take second place is Hyundai which offers a good package at a good price. Its five-year unlimited mileage warranty was also voted the best. What's more, you said that the car you get for the price you pay is extremely good value.
The only drawback to this brand of car is that it is pretty unreliable. That said, Hyundai dealers are ranked pretty highly.
In first place
So which car brand did you vote as the very best in terms of value for money? Well, I can tell you that it's the Mini. You, our readers, said it has the coolest car brand, with the strongest residual value. In fact, according to experts, Minis hold onto almost fifty-four percent of their value over three years.
It also does well in terms of fuel guzzling, and has a pretty decent warranty. So overall, the Mini is cheap to run and a lot of fun.
So now we've established which three car brands are the best in terms of value for money, which one is the worst?
According to our poll, Rover was the least cool car, and you said it was the most likely to breakdown. These cars also depreciate the most in value, according to the results of our poll, so if you're trying to sell one, you're unlikely to get much money back.
That's it from me today. Thanks for watching Get The Best Deal on lovemoney.com. See you next time.
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