The Ford Mondeo Tops Class Of 2007 Used Car Deals

As last year’s new cars start to appear on used car forecourts, research by Carcraft has revealed that Mondeos are topping the class of 2007 for bargain hunting motorists.

The Ford Mondeo 1.8 LX has the highest depreciation rates with an average fall of 51% (£15,980 to £7,799) and it is closely followed by the Vectra 1.8 VVT SRI with a 50% fall (£17,210 to £8,499).

Carcraft also reports that this year could be a bumper one for used car buyers as economic pressures continue to squeeze new car sales, meaning that record numbers of nearly new cars are available at much reduced prices.

Mike Walsh, sales director at Carcraft, commented: “Over recent months the volumes of three to six month old cars in stock have reached an all time high*, meaning that customers have more choice than ever before when it comes to finding quality used cars.

“As our research shows there are some excellent deals available at Carcraft as the cars from the class of 2007 graduate to the used car market.  Buying a quality used car has never made more sense.”

Leading used car bargains at Carcraft
Rank  Model Used Price**      New Price ***     Depreciation / %
1     07 Ford Mondeo 1.8 LX   £7,799      £15,980     51%
2     07 Vauxhall Vectra 1.8 VVT SRI      £8,499      £17,210     50%
3     07 Vauxhall Astra 1.6 SXI     £8,699      £14,925     41%
4     56 Ford Focus Titanium 1.8 TDCi     £10,299     £16,780     38%
5     56 Ford Fiesta 1.25 Style (Climate) £5,999      £9,630      37%
6     56 Renault Clio 1.2 Campus Sport    £5,499      £8,760      37%
7     VW Jetta 1.9 TDi PD S   £10,499     £15,945     34%
8     56 Peugeot 207 1.4 Sport      £8,000      £11,035     27%
9     07 Ford Focus 2.5 ST-2 3dr    £14,999     £18,740     19%

*     Source: EurotaxGlass
**    Based on cars available for sale at Carcraft March 08
***   Glass’s Guide new car prices March 2008 edition

3 April 2008 Staff
 

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