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Choose a car from the budget sector and you might be able to pick up a good deal on the Audi A2. This model has struggled to sell in volume due to its high build costs which resulted in a high RRP. However, with the Mini and the Audi A1 continuing to do well, you might be able to pick up an A2 for less cash. What’s more, Audi cars retain their value well, so you’ll retain your investment when it comes to selling the car on.
Opt for a cabriolet or roadster this season and you could get a great deal. Resale values are currently quite low on these models which means if you’re buying second hand then you good grab yourself a great deal. Spring is also a good time to cash in on a cabriolet as the demand for this type of model will increase as we approach the summer months.
City cars and Supermini cars continue to be in hot demand as they contain smaller petrol engines which are cheaper to run. Even BMW 1.6 1-series cars fall into this category. Customers are continuing to seek cars from these sectors because they feel safe in the knowledge that they will save on running costs, but this might not always be the case so make sure you do your homework thoroughly before you make a purchase.
The mini is facing a challenging market this season due to the fact that as a best-selling car, it suffered from large pre-registration exercises meaning that values had to be dropped towards the end of 2011 in order for manufacturers to meet their new car sales and/or market share forecasts. Residual values have therefore suffered on new Mini cars, meaning they are best avoided if you want to make a good return on your investment.
Although 4×4 cars are usually in popular demand during this season, (with the exception of the new BMW X3 which is currently enjoying good sales success) most other 4×4 cars are likely to see a fall in value. This is mainly due to the fact that the weather has so far been a lot milder than in previous years when heavy snow has catapulted 4×4 into hot demand. At the moment, buyer’s minds are drifting elsewhere, so it’s best to opt for a prestige model which will retain its value in the future, if you’re thinking about purchasing a 4×4 car this spring.