According to CarGurus, the model that fell in price the most during the 12 months leading to November 2024 was the all-electric Nissan Leaf, with values down 34.5 percent in a year
The used vehicle retailer, CarGurus, has revealed a list of the top 10 best value second-hand models currently available for purchase. These cars offer modern design, plenty of features, and a spacious interior for thousands less than their original price.
Depreciation may not be appreciated by many motorists, but it can be a boon for used car buyers, allowing them to make significant savings on recent models. The Nissan Leaf, an all-electric model, saw the most significant price drop over the 12 months leading up to November 2024, with values decreasing by 34.5 per cent.
Competing with the Volkswagen ID3 and Mini Cooper Electric, the Leaf was one of the first mainstream electric models and still boasts plenty of tech and a good range of up to 239 miles per charge. Currently, a second-generation Nissan Leaf averages at £10,972 – that’s almost a £6,000 reduction within a year.
CarGurus also pointed out that the all-electric Volkswagen ID4 is another wise choice in the used market, with its value dropping by 33.5% in 12 months. The Volkswagen ID4, a larger EV than the Leaf, offers ample space for growing families with a generous sized boot, plus a particularly comfortable interior compared to its counterparts.
In November 2024, the average used car buyer spent £24,382 on a Volkswagen ID4. A budget of £16,000 is now enough to secure one with slightly more mileage.
CarGurus has also highlighted the Skoda Enyaq as a savvy pick in the used car market, with its value dropping by 32.9% between November 2023 and November 2024. Built on the same platform as the ID4, the Enyaq boasts similar space and refinement.
The company revealed that the average price of a used Skoda Enyaq listed on their site dropped by over £11,000 in 12 months, with buyers shelling out £25,107 for a used model in November 2024.
Top 10 best value used cars of December 2024:
- Nissan Leaf (2017 – Present) – 34.5 percent
- Volkswagen ID4 (2021 – Present) – 33.5 percent
- Skoda Enyaq (2021 – Present) – 32.9 percent
- Kia e Niro (2019 – 2021) – 30.6 percent
- Kia Soul (2015 – 2019) – 30.2 percent
- Volkswagen ID3 (2020 – Present) – 29.9 percent
- Hyundai Ioniq 5 (2021 – Present) – 29.7 percent
- Ford Mustang Mach-E (2021 – Present) – 29.3 percent
- Citroen C4 (2020 – Present) – 29.3 percent
- MG4 (2022 – Present) – 28.9 percent
