Brands of cheap cars to run with a high resale value
If you’re in the market for a new vehicle, you might be wondering what could be cheap brands of cars to run. Rising fuel prices, road taxes and surging insurance premiums are the main reasons why we are thinking of ways to save money when buying a car. The residual value of a car has also to be factored in for if you're buying a new vehicle, it might as well be something that is still worth after a few years.
When you think of cheap cars to run that have low depreciation after three years, there are several brands from the high-end list that stand out.
The SLK 250 CDI Roadster is not only good to look at but will also save you money on fuel and taxes while retaining a reasonable value in the used cars market. Its fuel consumption is at 56.5 mpg while carbon emissions are at 132g/km.
The German VW has always done well in the used car market. But, the Volkswagen Up is probably one of the best city cars to own at the moment. Even though it is slightly more expensive than buying a Skoda or Seat, when it’s time to sell, you will get more out of the VW than cheaper brands. Fuel consumption is at an impressive 60.1mpg while its 1 litre three-cylinder engine is up to task of delivering a powerful ride.
- Range Rover
You probably have dreamt of owning a Range Rover 4.4 TD V8 which at the starting price of £55,000 is nothing cheap. However, if you are thinking of getting a car with a high residual value, the Range Rover is a possible option. It is versatile, roomy, and the best 4x4 in the LR range thanks to constant upgrades and improvements. Hence, while you may be spending more on the car now, in the long run, you will get a lot of your money back when it’s time to sell.
Cheap but good value
The Korean car giant has found a winner in the Hyundai 2-WD Crossover. It has an appealing design and a roomy interior. Hyundai’s 1.7-litre CRDi engine delivers a smooth and comfortable ride. Entry level specs include rear parking sensors, Bluetooth connectivity, and an iPod port. A fuel economy of 48.7 mpg puts the car on the list of economical vehicles and its CO2 emission of 139g/km is not bad. Throw in a 5-year unlimited mileage and roadside assistance and Hyundai makes it to the list of cheap cars to run. Its residual value of 60% is impressive.