Hi
Please correct me if I am wrong, but it seems to me that Renault cars devalue quickly after purchase from new. I am wondering why that would be the case - assuming my facts are correct?
I trust I got this right, but I calculated the following percentage losses of value from purchase price:
2008
R26 = 42 per cent
golf GTI = 30 per cent
2009
R26 = 50 per cent
golf GTI = 33 per cent
It may be the sample above is unrepresentative. But I would be interested to hear the views of member as to why Renault cars don't seem to hold their value.
cheers