Some used cars won't depreciate in value

This year's predictions for the car market look good for those wanting to sell a car for cash, as the value of some second hand cars will go up considerably. While car depreciation is regarded as a near certainty, it is possible to buy a car, use it, and also see your investment rise.

If you are a serious car person, then the iconic Ferrari F40 is starting to look distinctly good value. Although a car costing £250,000 can't really be seen as a bargain, Enzo's are selling for around £850,000 and a new Ferrari 458 is going to cost you the best part of £200,000. So being able to buy one of the most talked about Ferrari's ever produced for that price, can't last. It is expected that within a year, prices will start at the £300,000 mark and it is unlikely they will stop there...

If you choose well, you can avoid even the smallest decrease in value on your car, and not just by buying established classics - a good example of this are some of the older Ford models. This way, you will be able to enjoy driving while not having to worry about depreciation. 

According to car expert Harry Metcalfe, who also writes for the Daily Telegraph motor section, a car needs to have already been through its main depreciation period and to have settled down to a price that has remained stable for a while. He says: "The catalyst as to whether it will ever start to rise in value again depends on a mix of factors, including how the car was perceived (by the press and buyers alike) when it was launched and how many were built originally."  

 

Ian Wateridge, Ferndown, Renault Scenic

Tara Moore, London, Mercedes CLK