If you want a new hybrid car that won’t plunge in value during its first year then the one to go for is the Toyota C-HR, according to a new study by automotive data researchers HPI.
The HPI analysis looked at hybrid and plug-in hybrid vehicles at one year old and 10,000 miles, and found the Toyota C-HR (£26,301 new) retains 84.5% of its value in that period and loses around £4,000. The Lexus NX (£38,976) comes a close second, holding 79.5% of its value and losing £8,038 over the same period.
Commenting on the study, Chris Plumb from HPI said: “While hybrids have grown in volume in recent years, they still remain relatively scarce in the used market compared to the traditional fuel types.
“As plug-in hybrid vehicles have not been widely adopted by fleets in any volumes, supply reaching the markets is patchy and demand exceeds supply. Buyers should avoid high mileage and poor condition examples as they are a turn-off to second-hand buyers. Finally, always make sure you pick a vehicle with a full service history.”