Japanese Used Cars
UK’s leading magazine known as Parker’s have conducted a survey for Japanese used cars and they suggested that Honda Jazz was most effective car in the year 2009. In an annual survey done for 300 different cars, Honda Jazz was chosen as the bestselling car manufactured by Japanese auto makers. The well known Japanese manufacturer’s hatch back “Honda Jazz” was chosen as the top most for the resale value. That was the major reason claimed by many Japanese used cars dealers in different parts of the world was that it suffers the least from depreciation.
In another survey conducted by used car exporter’s magazine, during the initial twelve months it was seen that Honda Jazz that have done only 10,000 miles, only loses about US$ 2,200. Comparing it with others, the depreciation for any other luxury car like Mayback 62 was observed to be as high as US$ 20Comparing it with others, the depreciation for any other luxury car like Mayback 62 was observed to be as high as US$ 205,500. All these stats are sufficient enough to claim that not all luxury and super cars are perfect for long term investment. Hence this is proved that sometimes small vehicles have much better resale value and less depreciation as compared to huge cars.
In this survey Parker has used the basis of average values of 1 year old cars that has done around 10,000 miles. Among 40 best selling cars 35 cars were under small car category.
- Kia Picanto and Suzuki Swift were in the top 10 positions.
- Hyundai’s i10 was on the forth position
- Fiat 500 on the third
- SEAT Ibiza was on the second position
- And Honda Jazz was on the first position
In that survey it was also be seen that the depreciation is slower in the 1st year as the compared to 2nd, 3rd and other proceeding years. This really implicates that not only the depreciation increases as the year passes but in fact the rate depreciation do also increase after every year.
Among end buyers, exporters and dealers for Japanese used cars, Honda Jazz (http://www.sbtjapan.com/ks-used-honda-jazz) is high in demand due to its low depreciation rate and in this truly means a high resale value for this Japanese used car. Therefore it can be considered that Honda Jazz is the most effective option for investment.
