These are the types of cars that offer car buyers the best value for money.
Data from the 2022 AutoTrader Annual Car Industry report shows that SUVs were the fastest-growing body type globally, andIn its annual Car Industry Report, the group noted that over 653 million searches were conducted in the 12 months between January and December of 2022 – a 94% increase compared to pre-Covid 2019.
Despite the popularity of SUVs, the intersection between price, mileage, and body type shows that hatchbacks continue to offer the best value for money, given that, on average, it has the lowest mileage. The trade-off, however, is a higher average vehicle age.
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