The Fastest Depreciating Cars in Ireland (Avoid These Models!)

Landover Discovery



The Fastest Depreciating Cars in Ireland (Avoid These Models!)

When buying a used car in Ireland, depreciation is a critical factor many buyers overlook. Some models lose value twice as fast as others, turning what seems like a bargain into a financial headache. Whether you're browsing cars for sale Ireland or considering a trade-in, this guide reveals the worst depreciation offenders and smarter alternatives.


Why Depreciation Matters

A car typically loses the most value in its first 3 years – some models shed 40-50% of their original price. The biggest culprits?

1. Luxury Cars

  • High maintenance costs scare off second-hand buyers
  • Complex tech becomes outdated quickly
  • Example: A €60k luxury sedan might be worth €30k after 3 years

2. Diesel Cars (Non-Hybrid)

  • Falling demand due to emissions restrictions
  • Higher motor tax hurts resale value
  • Example: 2019 diesel SUVs losing €10k+ in value

3. Unreliable Models

  • Brands with poor reliability ratings plummet fastest
  • Example: French cars often depreciate faster than Japanese

5 Fastest-Depreciating Cars in Ireland (2020-2024 Models)

1. Jaguar XE (2020-2023)

📉 Depreciation: 55%+ over 3 years
 Why Avoid? Astronomical servicing costs, low demand
💡 Better Choice: BMW 3 Series (holds value 20% better)

2. Land Rover Discovery Sport (Diesel, 2019-2022)

📉 Depreciation: 50% in 4 years
 Why Avoid? Diesel stigma + reliability concerns
💡 Better Choice: Toyota RAV4 Hybrid (only 30% depreciation)

3. Mercedes-Benz A-Class (Petrol, 2018-2021)

📉 Depreciation: 48% by year 5
 Why Avoid? Oversupply in used market
💡 Better Choice: Audi A3 (similar luxury, slower depreciation)

4. Peugeot 5008 (Diesel, 2017-2020)

📉 Depreciation: 52% in 4 years
 Why Avoid? Diesel MPVs falling out of favor
💡 Better Choice: Skoda Kodiaq (better reliability, 40% depreciation)

5. Ford Mondeo (Diesel, 2016-2020)

📉 Depreciation: 60%+ after 5 years
 Why Avoid? Fleet sales flood market with cheap used models
💡 Better Choice: Volkswagen Passat (holds value 15% better)


How to Avoid Depreciation Traps

1. Buy Nearly New (1-3 Years Old)

  • Let the first owner absorb the biggest hit
  • Example: 2022 BMW 5 Series at €35k (original €60k)

2. Stick to Reliable Brands

  • Toyota/Hyundai/Kia: Lose 25-35% over 5 years
  • Luxury brands: Often lose 40-60% in same period

3. Check Future Demand

  • EVs & hybrids depreciate slower than diesel/petrol
  • SUVs hold value better than saloons/MPVs

4. Always Verify History

  • Use Cartell.ie for depreciation reports
  • Avoid cars with accident history (Cat N/S)

Where to Find Value-Stable Used Cars

🔍 carsforsaleIreland.ie – Filter for low-depreciation models
🔍 Toyota/Lexus Approved Used – Best warranties
🔍 Carzone's Depreciation Calculator – Compare models


Final Checklist for Buyers

Prioritize Toyota, Honda, Skoda for slow depreciation
Consider hybrid/EV models for better long-term value
Demand full service history – critical for resale
Avoid high-mileage luxury cars – maintenance costs will ruin you


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Have you owned one of these fast-depreciating cars? Share your experience in the comments!

 


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