Buying a Vauxhall Insignia - why such high depreciation?

I've been looking at second hand prices on low mileage 2012 Insignias. Cars that cost £24,000 new are being sold via Auto Trader for around £10,000 a few months later. I know nobody pays the full list price, but the depreciation still seems very steep - worse than even Fiats and Citroens. Are these cars really that bad?

Asked on 10 October 2012 by cfc2000

Answered by Honest John
That's all they are worth.
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