How much will the MG HS depreciate?
Filed under:
resale value
The question
What sort of depreciation do you expect on the MG HS?
Asked by Michael Crabtree ·
Expert answer
Hi Michael,
That really is pure guesswork at this stage as it's such a new model - and vastly improved on the old one.
As a general rule of thumb you'd expect 40-50 per cent reduction in value after three years and another 15 per cent after another two years, but any volatility in the market can affect those percentages.
Answered by Shane O' Donoghue