For our car depreciation profile this time, we’ll be looking at the Isuzu D-Max ute (if you’d like to have a general read about car depreciation first though, please take a look at this article).
The latest model-year Isuzu D-Max has seen quite a lot of improvement from the bare-bones workhorse we’ve become accustomed to. One thing that’s remained - which will be welcomed by many - is the 3-litre turbo-diesel engine which spits out 130kW/430Nm of torque, allowing you to tow up to three-and-a-half tonne. Other than that, though, there are improvements across the board both internally and externally.
But what about resale value if and when you decide to trade it in for a newer model?
How the D-Max compares to industry standard depreciation
According to this Canstar article, the average rate of depreciation for cars in Australia over their first three years are:
- 19% after year one
- 15% after year two
- 15% after year three
The Isuzu D-Max is a solid vehicle whether you’re using it as a weekday workhorse on-site or you simply love utes and its rugged design captured your eye. Options available include a very capable entertainment system with satnav and reverse camera, passive entry and start (smart key, push-button) plus more depending on which model you go for.
And now, finally, it’s time to determine how well the Izusu D-Max performs against the average when it comes to depreciation. To maintain a level playing field, we’ve used the base model in the series which, according to the Izuszusuzusu website is the SX High Ride RWD 3-litre diesel in manual. And now to RedBook!
Alright, now that we have the new sale price of $33,200 and estimated trade-in price of $26,100 to $28,900, let’s enter it all into our supercomputer (it’s actually just an ond Ti-83 we found laying around the office for some reason) and see what happens.
So for a base model 2020 Isuzu D-Max, your first-year depreciation rate is projected to be around 13% to 21%. So if it eventuates that it’s on the lower end of that spectrum, you’ve done bloody well in comparison to the industry average.
So if you’ve been thinking about getting into a new D-Max, you’re looking at a depreciation rate that’s quite a lot lower than the average which means once you’re finally ready to part ways with it, trading it in and getting either the newest model D-Max or something completely different altogether won’t mean a huge changeover cost to you.
We make getting into your new Isuzu D-Max a breeze
Now you know they’re pretty darn good at keeping their value, if you’re ready to start talking new car finance we’re here to help. You can use our online finance quote tool to find out just how much your monthly repayments could be - when you realise how cheap it can be to own, you can then apply online in just 5 minutes!
And forget having to drive to umpteen dealerships to negotiate for the best price, too. Our partners at carconnect have got you covered; they’ll do all the work for you and secure the lowest price for you - and even deliver your new car to your home.
If you’re interested in refinancing given today's record low interest rates, give us a call directly on 1300 787 288 - we’re always happy to chat. If you’re short on time, you can alternatively message us online and someone here will respond to your enquiry ASAP.
*Using Melbourne city as the location during quotation at https://www.isuzuute.com.au/build-and-quote#/D-MAX/4x2/Single-Cab/Tray/D-MAX-4x2-SX-Single-Cab-Chassis-Low-Ride/Manual/splash-white/None