Car Value Depreciation Ranking Study illustrates depreciation of car values globally, New Zealand has the highest devaluation worldwide.
Thursday, 09 February 2017
London, United Kingdom, 01/02/2017 - Online used car dealership Carspring conducted a study to better understand the depreciation of car brands around the world. As part of a campaign released January 25th 2017, Carspring has conducted additional research to illustrate the actual devaluation percentage in each country. The goal of the update is to give the public a view as to how cars lose value in New Zealand versus other countries.
As illustrated in the table, cars in New Zealand are last in keeping value after 56,000km or 34,700 miles with 53.67% loss in value, with the US and UK close behind.
Courtesy: https://www.carspring.co.uk/global-used-car-price-index/dollar/
