The 5 least depreciating cars on Gumtree

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After your home, a car is probably one of the most expensive assets you could own, and astute buyers will purchase a car with a view to the future. Investing in a home in Australia is likely to be profitable, as the housing market shows no signs of slowing down. A new car, on the other hand, depreciates in value the day you buy it and bring it home. Most makes and models that are four to five years old are worth about half of what they cost to buy new. While a new model comes out every year, most car manufacturers only make substantial changes every three to four years, so values of used cars decrease more when a significantly new model is released and when warranty periods run out.

If you’re selling a used car, boost your resale value by servicing your car regular and keeping a history of good maintenance. Keep your car looking its best with a regular wash and clean and sell privately rather than trading in. Cars from a reliable brand that is popular when new retain the most value, and there are some brands that have been consistently popular for the past decade. So if you’re looking for a used car on Gumtree and want good value, you can’t go past a Toyota, Mazda or Holden as well as a few other well-known names. Here are 5 of the best value cars you’re likely to find on Gumtree.

Holden Colorado Ute $15,000
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The quintessential Australian car, this Holden Ute is both stylish and sturdy; it’ll make you look good whether you’re going out on the town or to your nearest home hardware store.

Toyota RAV4 $14,750
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The ever popular RAV4 fits in nicely in any household. Throw your gear in and head to the beach or pack the kids and their toys and head off for a camping holiday.

Mazda 3 $13,500
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This surprisingly spacious small car is a good workhorse for that daily commute to work or for running weekend errands.

Hyundai Getz $3,700
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A great runabout spare for a large family or a first car for the P plater in the house, this zippy little Hyundai is great value for money. Check out the running costs of your Hyundai here.

Nissan Maxima $11,500
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This stylish and roomy sedan will get you anywhere in style and comfort.


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