CAR VALUES

Reporter: Georgia Main

Nick ADAMIDIS is from Glass's Information Services...it's relied on by motoring and insurance bodies across Australia...

Based on auction house results and private and dealer trades...Nick's crunched the numbers and found the cars that hold their value best...

"The Subaru WRX came in on top for the small car segment. That's a perfect example of where a vehicle 70-80% of the volume is sold to the private buyer which will keep the vehicle out of the used car market for a long time." Said Nick

The Volvo C30 comes in a close second...with the Subaru four door sedan rounding out the top three...

In the medium car category... European brands rule.. BMW takes first and second place...the 2 door coupe bought for $66-thousand in 2010 is today worth $46,400...

The Mercedes Benz also features - the C250 - worth 65% of its original value after 3 years...

In the popular medium SUV category...Toyota's outperform the rest - the 2 door Prado bought for $66-thousand in 2010 is today worth $44,500...

Closely followed by the Ford Territory...selling for 66% of its original value...

Motoring expert Paul Gover advises we should factor in between 80-100 dollars a week on depreciation for any car you buy...

"Well I think most people overlook depreciation, its one of your biggest costs but most people only really worry about how much petrol they're pumping every week and really that's a fairly minor thing when you look at how many thousands you lose through depreciation." Said Gover

"Can we minimise depreciation?" Asked Reporter

"If you're looking for resale value you need to get a white car because they're the most popular, you need to get not too many options because that's money you just won't get back and really you need to go with a basic level car, the sort of thing that somebody else is going to want when you've finished with it." Said Gover

"The best thing is if you're worried about depreciation is buy second-hand, let somebody else take the pain." Said Gover