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Analysts Association of Kazakhstan Automotive Business (AKAB) calculated which car models lose the least value in Kazakhstan after five years of operation. The study used the average price of a new car in 2013 and its resale price on the secondary market in 2018.
It's no secret that after a new car leaves the dealership lot, its price begins to fall with every kilometer driven. Of course, the depreciation of a car depends on the class, liquidity, technical condition and presentation. Usually, expensive cars lose the most value: executive F-class sedans, large SUVs with multi-liter engines (with rare exceptions). The least popular are the popular budget B-class sedans and crossovers.
However, due to currency fluctuations (cars at that time and now are sold only in national currency), cars sold five years ago have practically retained their price, and some can be sold even more than the original price. As part of the study, the difference in the residual value of the TOP 20 best-selling cars in 2013 was calculated.
The absolute leaders are co-platform Hyundai Accent/Kia Rio – sedans and hatchbacks not only did not lose, but also increased in price. If in 2013 the average price paid for an Accent was 2.82 million tenge, then after five years these cars are valued at 3.27 million tenge (+16,2%). Also, cars were lost the least in five years Toyota. Cars of this Japanese brand are leaders in residual value in almost all classes. There are three models in the TOP 20 - Toyota Camry 50, Land Cruiser Prado 150 and Land Cruiser 200. If in 2013 a Camry could be bought for an average of 6.26 million tenge, then last year they asked for these same used cars 6.77 million tenge (+8.1%). Land Cruiser 200, despite the large engine and high tax burden, the price increased by 10.7% (in 2013 an SUV cost 14.87 million tenge, in the 2018th – 16.45 million tenge). Absolute record holder Prado – five-year-old used cars increased in price by an average of 2 million tenge, up to 11.81 million tenge (+20.3%). As noted in the ACAB, those cars whose manufacturers rarely radically change the model lose the least in price, and also rise in price the most over the next few years. Over the past five years, the preferences of Kazakhstanis in choosing new cars have changed - the TOP includes three models of the Hyundai and Toyota brands, and some Lada, Daewoo and Chevrolet models dropped out of the ranking due to the end of their production and are available only on the secondary market |