Three-door cars keep value betterDespite often costing less brand new, a three-door used car will hold its value better than a five-door, reports Auto Express.
Despite often costing less brand new, a three-door used car will hold its value better than a five-door, reports Auto Express.
New research from Glass's Guide shows that both because fewer three-door vehicles are typically sold, and because they are often better looking cars, the price difference as used cars can be considerable.
The Citroen C4 VTR+ is £400 cheaper as a new three-door, but valued at £175 more than the five-door when selling used.
Similarly, despite costing the same amount brand new there is a £1,250 price difference between a five-door Astra 1.6 Design and a three-door Sport Hatch after a year.
"The sportier appearance of three-door models helps give them a broader appeal than five-door versions. They attract style-conscious younger buyers, who are less concerned about access to the rear," a spokesman from Glass's Guide told Auto Express.
"When rental firms offer their cars to the trade after six months, there is a major imbalance of supply – and this depresses five-door prices," he added.
The largest difference is seen in vehicles where the styling of the three- and five-door models is very different, making them each attractive to different buyers.
Buying a used car is one of the easiest ways of cutting your car finance costs, particularly if you combine it with a car loan or car credit deal.
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