What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Buying a Vauxhall Insignia - why such high depreciation?

I've been looking at second hand prices on low mileage 2012 Insignias. Cars that cost £24,000 new are being sold via Auto Trader for around £10,000 a few months later. I know nobody pays the full list price, but the depreciation still seems very steep - worse than even Fiats and Citroens. Are these cars really that bad?

Asked on 10 October 2012 by cfc2000

Answered by Honest John
That's all they are worth.
Similar questions
When do you think second hand prices of petrol and diesel cars will get back to the historical norm when a car lost 50% of its value in the first three years?
I have a new Porsche Macan diesel on order and have an early delivery slot (late April). Given it's now sold out for this year and no one has even driven it yet, do you think I could keep it for a year...
I'm looking at buying a Volkswagen Passat Estate 1.8 TSI 59 plate with 5000 miles from a car supermarket. They've had it in stock for some 3-4 months now and haven't reduced the price, which is £14,600....
Related models
Superb ride comfort, excellent efficiency from the diesel engines, practical and spacious.