Lexus, Toyota, and kia are leading the way.
Automotive data experts hpi have revealed the three cars that are leading the way when it comes to depreciation.
By that we of course mean that they're holding their values. The cars in question are all SUVs, but are all hybrids as well, showing that the smart money really is in alternatively-powered cars.
The Lexus NX, Rav4 and Kia Niro are all showing industry-leading levels of depreciation right now. The Lexus NX (top) retains 72 percent of its value from new after three years and 60,000 miles, losing on average £11,611 – it is available from £34,974.
The Toyota Rav4 (above), priced from £28,719 in the UK, keeps 69 percent of its value, dropping an average of just £10,341 over three years and 60,000 miles. The Kia Niro (below), available from £22,745 in the UK, holds onto 67 percent of its value and loses £8,677 over the same period as well.
"As more drivers seek lower emission vehicles it is clear that demand is starting to exceed supply and create some strong used values for these type of vehicles," said Mark Bulmer, senior valuations editor at hpi. "As the London Ultra Low Emission Zone expands this year and regional cities firm up plans for clean air zones, we expect this trend to accelerate."
Figures from the Society of Motor Manufacturers and Traders (SMMT) showed a 23 percent increase in sales of new petrol-electric vehicles in 2018, with 81,156 new ones registered. The petrol-electric hybrids were the most popular alternative propulsion cars, with battery only electric vehicles accounting for 15,474 registrations in 2018.