Costly car options could be a bad investmentHigh-tech gadgets 'lose their value quickly'
08 October 2009
Costly add-ons like cruise control could be a bad investment for luxury-car buyers, according to the latest research.
Among prestige models like the , Audi A8 and Mercedes S-class, for example, the average cost of radar cruise control is £1,750. But after just a year, the average trade value of the system is just £250 – an 86% reduction. The story is the same with night vision systems, Glass’s said, which lose 80% of their value in just 12 months.
As our guide to car options shows, it’s often simple choices like trim levels and the colour of the paintwork that boost resale values.
Richard Crosthwaite, prestige car editor at GlassGuide.co.uk, said: 'Investing in a manufacturer-fit styling upgrade is often very worthwhile, as it can return more than 100% of its original cost.
‘For example, a one-year-old BMW 325i with an optional M Sport pack is currently worth £3,500 more than a standard 325i of the same age, even though the pack itself would have added only £2,500 to the list price.’
Tips for buyers
Other tips for buyers include choosing larger wheels, which enhance the desirability and value of luxury cars.
Crosthwaite said: ‘Opting for 20-inch alloy wheels in preference to the standard-fit 19-inch items on a BMW 330i coupé will add £1,000 to the value of a one-year-old example.’
For more on the options that will boost the value of your car, and to see which extras buyers have come to expect from luxury cars, read our car options guide.
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