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Alfa Romeo is a popular Italian automaker. Their most popular models are Stelvio and Giulia.
Today, we’ll take a look at how well they hold their value.
Do Alfa Romeos Hold Value?
Alfa Romeos don’t hold value well. Alfa Romeo Giulia holds 62% of its value in the first 3 years and 48% in the first 5 years. Alfa Romeo Stelvio holds 65% after 3 years and 47% in the first 5 years.
So, on average an Alfa Romeo car loses 80,5% of its value in the 1st year, 63,5% in the 3rd year, 47,5% in the 5th year, and 30% in the 8th year.
Why Does Alfa Romeo Lose Value so Quickly?
Alfa Romeo is considered a luxury brand. Like most expensive brands, it loses value quickly, because used car buyers don’t want to pay a high premium on dated models and the Alfa Romeo cars are expensive to maintain.
Used expensive cars aren’t in demand. If people don’t want to buy them, their sellers need to lower their prices. Because of that, car brands like Mercedes-Benz, Audi, or Alfa Romeo depreciate way faster than Toyota or Honda.
Does Alfa Romeo Lose Value Quickly Compared to Other Similar Brands?
Let’s compare Alfa Rome Depreciation with other brands.
| Car brand | 3 year value retention | 5 year value retention |
|---|---|---|
| Toyota | 75% | 63% |
| Mazda | 72% | 59% |
| Audi | 64% | 46% |
| Alfa Romeo | 63,5% | 47% |
| BMW | 62% | 46% |
| Mercedes-Benz | 61% | 49% |
As you can see, Alfa Romeo holds value similar to luxury German cars and is far below Toyota.
Also read: Does BMW Keep Value? (8 Models Depreciation Charts)
2 Popular Alfa Romeo Cars and Their Depreciation
1. Alfa Romeo Giulia
Alfa Romeo Giulia is a fun-to-drive sedan with a great sporty design. It’s well equipped with powerful engines. It’s not a perfect car, but if you’re looking for something unique, it’s one of the best options.
Alfa Romeo Giulia depreciates on average 38% in the first 3 years and 52% in the first 5 years (on average 5,16% per year).
Selling price: $44.000
Competitors depreciation:
BMW 5 Series- 7% per year
Audi A5- 5,1% per year
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
|---|---|---|---|
| 1 | 81% | $8.360 | $35.640 |
| 2 | 73% | $11.880 | $32.120 |
| 3 | 62% | $16.720 | $27.860 |
| 4 | 55% | $19.800 | $24.200 |
| 5 | 48% | $22.880 | $21.120 |
| 6 | 40% | $26.400 | $17.600 |
| 7 | 35% | $28.600 | $15.400 |
| 8 | 30% | $30.800 | $13.200 |
| 9 | 25% | $33.000 | $11.000 |
| 10 | 22% | $34.320 | $9.680 |
| 11 | 21% | $34.760 | $9.240 |
| 12 | 19% | $35.640 | $8.360 |
Also read: Why is Alfa Romeo so Unreliable? (+ Reliable Models)
2. Alfa Romeo Stelvio
Alfa Romeo Stelvio might be a great alternative for popular Toyota or Ford SUVs. Maybe it doesn’t have as much cargo space, but it has an exciting interior with an energetic turbo-four engine.
Alfa Romeo Stelvio depreciates on average 35% in the first 3 years and 53% in the first 5 years (on average 5,3% per year).
Selling price: $65.000
Trending Video: How to Easily Bring Back to Life any Old Car Battery and Save Tons of Money (click to watch)
Competitors depreciation:
BMW X5-7,25% per year
Audi Q5- 5,82% per year
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
|---|---|---|---|
| 1 | 80% | $13.000 | $52.000 |
| 2 | 73% | $17.550 | $47.450 |
| 3 | 65% | $22.750 | $42.250 |
| 4 | 57% | $27.950 | $37.050 |
| 5 | 47% | $34.450 | $30.550 |
| 6 | 40% | $39.000 | $26.000 |
| 7 | 34% | $42.900 | $22.100 |
| 8 | 30% | $45.500 | $19.500 |
| 9 | 27% | $47.450 | $17.550 |
| 10 | 23% | $50.050 | $14.950 |
| 11 | 19% | $52.650 | $12.350 |
| 12 | 16% | $54.600 | $10.400 |
After How Many Years Should You Buy an Alfa Romeo?
The best time to buy an Alfa Romeo car is after the first year from production when it’s already lost about 20% of its value. From now, it will lose about 10% per year.
We all know it’s not worth buying brand-new cars. You should stay away from new Alfa Romeos because you might lose more than $8.000 in one year when you buy Giulia and even $13.000 when buying Stelvio.
Alfa Romeo’s depreciation is high, but you will lose less money if you buy it in the 2nd or 3rd year. It will still be a relatively reliable car with lower depreciation (about 9-10%).
Also read: Audi Depreciation: 11 Popular Models Depreciation Charts
How to Slow Down an Alfa Romeo’s Value Loss?
There are a couple of ways how you can slow down your Alfa Romeo’s depreciation and sell it for more money.
- Don’t drive when you don’t need to.
As we know, when your car’s mileage is high, it will be worth less money. If you want to sell it more expensively, you should keep the mileage low. If the distance is low, ride your bike or walk. It will be better for your health and wallet. But don’t be too crazy about it. Saving even 100 miles a year is a good result. - Record a service history
Would you rather buy a car with a full record of service history or a car without any service documents? That’s right! If you keep records of services, you can increase the value of your car even by a few percent. - Don’t forget about the maintenance
Proper maintenance is key. If you don’t regularly change oil, filters, engine coolant, camshaft, etc, forget about selling your car at a reasonable price. If you do maintenance, your engine will last longer, and you won’t have to spend too much money on servicing. - Clean and wash your car at least twice a month
When your car looks good outside and inside, it has a way higher chance of being sold for a higher price. It is hard to clean or wash your car twice a month, but it’s definitely worth it. - Drive carefully to avoid scratches and dents
A scratch or a dent can happen to every car driver. And they lower your car’s value. If you want to avoid scratches or dents, drive carefully. And for example, when you’re parking in the parking lots, park your car far away from cars so that you can minimize the risk of a scratch.
Also read: Are Italian Cars Reliable? Myths Debunked!
How Much Does an Alfa Romeo Can Cost You per Year?
Let’s say we buy a 2-year-old Alfa Romeo Stelvio. Here are all the annual maintenance costs.
Depreciation: $5.000
Oil change and filter: $50
Rotate tires and alignment: $200
Other filters: $80
Insurance: $1.700
Fuel: $3.000
Other: $500
Including depreciation, an Alfa Romeo Stelvio costs you about $10.530 per year.
