AM Online

Hyundai i30 and Mitsubishi Shogun among UK's top 5 used cars for value growth

Hyundai i30

The Hyundai i30 and Mitsubishi Shogun have been listed among Auto Trader’s ranking of the used cars that delivered the biggest retail value increases in September.

In a top five otherwise dominated by sports and premium cars, the Korean hatchback sat below the top-placed Jaguar XK coupe and ahead of the Mazda MX-5, while the rugged Shogun 4x4 finished in fourth place, ahead of the Audi RS 3 performance hatchback.

The ranking was compiled as Auto Trader recorded a 21.4% rise in used car values among its advertising inventory during September, with the average price of a used car reaching a record £16,067 after 18 consecutive months of price rises.

The Auto Trader Retail Price Index's most and least depreciating cars, September 2021While the XK’s value soared by 52% in the month, to £28,196, the more mainstream and high-volume i30’s price rose 38% to £12,051.

Other more mainstream product to generate generous price rises included the Ford Focus (up 31.6% to £12,727), the Kia Sorento SUV (up 31.01% to £19,105) and the Citroen Grand C4 Spacetourer MPV (up 30.08% to £22,203).

With winter weather approaching, Mitsubishi’s Shogun rose 33.7% to £17,876, according to Auto Trader’s data.

At the bottom of Auto Trader’s price performance rankings were the Auto A4 Avant and, despite assertions that electric vehicle (EV) demand is growing, e-tron premium SUV.

The A4’s value declined 16.2% to £30,940, while the e-tron lost 7.2% of its value last month, yet retained an average advertised value of £62,805.

The data used to compile Auto Trader’s ranking of the UKs least and most depreciating used cars is drawn from its monthly Retail Price Index report.

The report draws on daily pricing analysis of over 900,000 vehicles.

Automotive Management Live 2024

The UK's leading event for motor retailers - Wednesday November 13, 2024.

​Automotive Management Live 2024 welcomes motor retail managers from across the UK to discover business improvements, to understand best practice and to network with fellow dealers and suppliers.

Topics this year will include agency business models, the brands now entering the UK new car market, used car stock management and more. It's free to attend, but you'll need to register.

Venue: NEC, Birmingham

REGISTER YOUR INTEREST

Click here for used car best practice and procurement insight

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Login to comment

Comments

No comments have been made yet.