SA’s top 10 cars with the best auction resale values
True Price lists some vehicles that come as quite a surprise
The best car in the country, in terms of resale value on auction, is the Renault Kwid. This is according to Darryl Jacobson, managing director of True Price, who adds that many of the cars with terrific resale values may well come as a surprise. True Price has data about thousands of vehicles sold on auction on its system, which is utilised to provide free vehicle evaluations to South African motorists. An analysis of this data has revealed some extremely interesting findings. “In order to determine which passenger cars have the best resale value, we analysed all our data and came up with a list of the top-10 cars. This list is based on actual prices achieved on auction. The figures pertain to the percentage of original selling price that has been achieved on auction,” he says. Resale value is an essential consideration when buying a new car, Jacobson says. “Depreciation is one of the new-car buyer’s greatest expenses. It is absolutely vital to take resale value into consideration b...