Upgrade your wheels by buying a car that’s already lost a lot of its value.
Depreciation is steepest in the first year of a car's ownership – especially when it comes to electric car depreciation.
Different cars lose value at different rates. It varies by fuel type, body shape, manufacturer and even colour. Typically, you can expect luxury cars to depreciate heavily, and many electric cars too, so you’ll come across similar lists of fastest-depreciating cars that include cars such as the Porsche Taycan and BMW i7.
However, we’ve compiled the best nearly new cars with massive savings versus new – that you can buy from Motorpoint. Apologies in advance for your smugness because you’ve got a car with a recent registration plate but at a huge discount*.
BMW i5 – savings of over £35,000
Getting buyers to spend more than £70,000 on the first electric 5 Series was always going to be a tough ask. Given that the i5 is so heavily tailored towards company-car drivers, we doubt anyone’s ever paid the full retail price – but, even so, the i5 is a much more appealing car at under £40,000. Yes, despite offering around 380 miles of range and a high-quality interior, the i5 is already basically half price after less than a year on the road.
Shop nearly new BMW i5 cars for sale at Motorpoint or read our BMW i5 review
Ford Capri – savings of over £22,000
If you want an electric SUV that can go toe-to-toe with a Tesla, you’ll find a lot to like in the Ford Capri. Its big battery gives you a long range between charges, and its powerful rear-mounted electric motor gives impressive acceleration. There are more similarities inside, with the Ford exhibiting a new portrait touchscreen that's packed full of features. Thankfully it’s also quite easy to use.
If you fancy all this in a boxier package, you can find similar savings on the related Ford Explorer.
Shop nearly new Ford Capri cars for sale or read our Ford Capri review
Hyundai Ioniq 6 – savings of over £21,000
Don’t worry – this list isn’t solely made up of electric cars. But the Hyundai Ioniq 6 is another car that reinforces the value-for-money that you get by buying a used electric car instead of a new one. Or it could point to EVs being too expensive in the first place.
Either way, the Ioniq 6 is an excellent cruiser. It’s refined, comfortable, and manages more than 300 miles to a charge. An 80% charge takes just 18 minutes at a 350kW charger, so you’d better make your motorway service station visits snappy! Both the Ioniq 6 and the SUV-ised Ioniq 5 blend usability and futurism with devastating success, too.
Shop nearly new Hyundai Ioniq 6 cars for sale at Motorpoint or read our Hyundai Ioniq 6 review
Volkswagen Passat – savings of over £20,000
The Volkswagen Passat is truly a superb estate car. Maybe that should be ‘Superb’, because it’s 95% Skoda Superb underneath. There’s no diesel Passat this time around, but you’ll have similar long-legged range if you pick the plug-in hybrid. VW’s 1.5 eHybrid is one of our favourite plug-in-hybrid engines, because it offers an enormous electric range and will even fast-charge, unlike many PHEVs.
The Passat is particularly refined in electric mode, and economical with both sides of the equation working together. Let’s not forget that it’s absolutely massive inside, with acres of passenger space and a boot that’d rival an Amazon warehouse.
Shop nearly new Volkswagen Passat cars for sale at Motorpoint or read our Volkswagen Passat review
Peugeot 5008 – savings of over £16,000
You can save thousands on the Peugeot 5008 whether you pick the regular petrol model or the new electric e-5008. The 1.2-litre mild-hybrid petrol is pleasingly economical for the car’s size, and you get an automatic gearbox as standard so sticky rush-hour traffic is as easy as can be. Seven people can enjoy the 5008’s eye-catching and techy interior, or there’s the sleeker 3008 (with similar savings) if you only need five seats.
Shop nearly new Peugeot 5008 cars for sale at Motorpoint or read our Peugeot 5008 review
Cupra Formentor – savings of over £16,000
The Cupra Formentor demands very few compromises. Its satisfying handling, sporty interior, responsive touchscreen, spacious rear seats, decent boot and range of increasingly powerful engines make it a superb all-rounder. So it’s a bit of a surprise that you can save so much on a nearly new Formentor with just a few thousand miles on the clock. The cars with the headline savings have the same plug-in-hybrid engine as the Passat, and boast a 74-mile electric range for local trips and a petrol engine providing backup for longer journeys or when you want full performance.
Shop nearly new Cupra Formentor cars for sale at Motorpoint or read our Cupra Formentor review
Hyundai Tucson – savings of over £10,000
You won’t have failed to notice the popularity of the Hyundai Tucson – and even though it’s everywhere, the styling still looks fresh and distinctive. More than just an eye-catching design, the Tucson impresses with lots of space for your passengers and interior quality that puts an Audi to shame. Even regular petrol Tucsons are available for £10,000 off list as we write this, while the plug-in hybrid is broadly the same price but gives you more than 40 miles of zero-emission driving per charge. Top-spec Ultimate trim is truly luxurious, with a panoramic sunroof, cooled leather seats and fancy headlights.
Shop nearly new Hyundai Tucson cars for sale at Motorpoint or read our Hyundai Tucson review
Ford Puma – savings of over £10,000
The Ford Puma is consistently the UK’s best-selling new car, but you can save thousands by being savvy and choosing a lightly used example. Taking over from the Fiesta, the Puma is a bit more practical but no less fun to drive. The Puma’s zippy petrol engine – boosted by fuel-saving mild-hybrid tech – achieves close to 50mpg, making sure that the savings continue once you’ve bought the car.
Shop nearly new Ford Puma cars for sale at Motorpoint or read our Ford Puma review
Peugeot 208 – savings of over £9,000
While many of the cars on this list might have a few thousand miles under their wheels, you can score a mega saving on a Peugeot 208 with just a handful of miles on it. Essentially, the act of putting on a set of number plates has taken thousands off the price of a 208 – you’d be seriously cross with yourself if you’d bought a new one and suddenly discovered our 208s! Peugeot’s smallest model is premium inside and sophisticated on the road.
Shop nearly new Peugeot 208 cars for sale at Motorpoint or read our Peugeot 208 review
Vauxhall Corsa – savings of over £8,000
The more expensive a car is, the more likely it’ll have big savings versus new. So it’s all the more noteworthy that you can enjoy big savings on an affordable car such as the Vauxhall Corsa. A car that needs little introduction, the popular Corsa is well equipped, cheap to run and uses tried-and-tested parts to keep costs down. With so many Corsas available, we’d be tempted to go for a high-spec version such as the Ultimate trim – and here are two words that might tempt you: massaging seats.
Shop nearly new Vauxhall Corsa cars for sale at Motorpoint or read our Vauxhall Corsa review
*All prices correct at time of writing. Savings represent an average of the model range or a popular version of car in question.
Find your perfect used car
Check out a huge selection of nearly new and used cars for sale at Motorpoint – including a wide choice of used SUVs and used estate cars. For inspirations, check out our picks for the best SUVs on sale and the best estate cars on sale.
