Contrary to what you might think, fuel, maintenance and insurance will make a minor dent on your pocket compared to depreciation. Depreciation can cost you tens of thousands of dirhams in a short period of time. Many people are shocked when they find out that the value of their car can drop by as much as AED 20,000 the moment they take it out of the lot.
However, some cars are better at holding their value, which means that you can avoid huge losses simply by choosing the right car. Looking for used cars for sale in Dubai, UAE? CarSwitch can help you find suitable, value-retentive used cars in the UAE. To find out which cars depreciate the least, the experts at CarSwitch gathered data from over 2,500 sellers. The findings of this study and the list of top10 cars with the best resale value are as follows:
- Nissan Patrol
- Honda Accord
- Ford Edge
- Toyota Camry
- Toyota Land Cruiser
- Nissan Altima
- Toyota Corolla
- Toyota FJ Cruiser
- Mitsubishi Pajero
- Nissan Sunny
With a value retention of about 75%, Nissan Patrol emerged as the clear winner, followed by Honda Accord and Ford Edge. This research by CarSwitch revealed that Japanese cars were the best at holding their value. Ford Edge was the only American car on this list. None of the German cars could beat depreciation well enough to make it to the top ten positions.
