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Recession-proof wise-buys revealed
Recession-proof wise-buys revealed


12:16, Mar 17 2009

Steve Hughes

 

CHOOSING the right new or second-hand car in a recession is more important than ever.

If it falls from favour it can cost a fortune in depreciation.

Buy a car today that no one wants tomorrow and it can be virtually worthless, as is the case with some larger models with gas-guzzling engines and the prospect of prohibitive repair bills.

Consider that it is now possible to buy a 150mph Jaguar XJ-S, Porsche 928 or other high-performance models that are seen as a liability for under £100 and you get the picture.

By comparison, several of the UK's most popular compact or family models have survived the UK's three recessions since 1965 and are still in high demand.

Ford and Vauxhall dominate the favourites and are considered to be among the soundest models to buy even in a recession because they will always be in demand.

According to figures supplied by the Society of Motor Manufacturers and Traders, the UK's most popular models of the last 40 years have sold in their millions and the current Ford Focus does not even make it into the Top Ten - although it will eventually.

The Top Ten best-sellers in reverse order are:

10: Ford Sierra

Years of production: 1982-1993

Registrations: 1,299,993

Share of Top 10 of best-selling cars of all time: 1.6%

9: Vauxhall Corsa

Years of production: 1992-present

Registrations: 1,371,573

Share of Top 10 of best-selling cars of all time: 1.7%

8: Volkswagen Golf

Years of production: 1974-present

Registrations: 1,466,459

Share of Top 10 of best-selling cars of all time: 1.9%

7: Austin/Rover Metro/R100

Years of production: 1980-1997

Registrations: 1,498,169

Share of Top 10 of best-selling cars of all time: 1.9%

6: Austin Rover Mini

Years of production: 1959-2000 (one registered as late as 2004)

Registrations: 1,581,887

Share of Top 10 of best-selling cars of all time: 2.0%

5: Vauxhall Cavalier

Years of production: 1975-1995

Registrations: 1,816,529

Share of Top 10 of best-selling cars of all time: 2.3%

4: Vauxhall Astra

Years of production: 1979-present

Registrations: 2,468,999

Share of Top 10 of best selling cars of all time: 3.1%

3: Ford Cortina

Years of production: 1962-1982

Registrations: 2,589,351

Share of Top 10 of best-selling cars of all time: 3.3%

2: Ford Fiesta

Years of production: 1976-present

Registrations: 3,510,584

Share of Top 10 of best-selling cars of all time: 4.4%

1: Ford Escort

Years of production: 1968-2000

Registrations: 4,105,192

Share of Top 10 of best-selling cars of all time: 5.2%

 

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