Monday, February 07, 2005
Astra Hatch Back
VAUXHALL executives say residual value predictions for its Astra Sport Hatch buck trends in the fleet market.
Experts predict that the new vehicle will fetch a higher residual value as a used car than its five-door equivalent.
It points to figures from residual forecast expert CAP, which says the vehicle will command a £300 residual value premium compared to the five door after three-years/60,000-miles, especially on sportier SXi and SRi derivatives.
The industry norm, however, is for three-door models generally to achieve lower prices than their five-door equivalents, company bosses say.
CAP’s New Car Monitor shows that the Astra 1.8 SRi Sport Hatch will achieve a residual value of £5,375, compared to £5,075 for the five-door Astra, while the 1.9 CDTi SRi (120) should achieve £5,800, compared to £5,500 for the five-door model.
Vauxhall chiefs believe that the forecast residual values will translate to more competitive contract hire rates for the new car, which goes on sale in April.
On the Car rental fleets?
Source Fleet News
Experts predict that the new vehicle will fetch a higher residual value as a used car than its five-door equivalent.
It points to figures from residual forecast expert CAP, which says the vehicle will command a £300 residual value premium compared to the five door after three-years/60,000-miles, especially on sportier SXi and SRi derivatives.
The industry norm, however, is for three-door models generally to achieve lower prices than their five-door equivalents, company bosses say.
CAP’s New Car Monitor shows that the Astra 1.8 SRi Sport Hatch will achieve a residual value of £5,375, compared to £5,075 for the five-door Astra, while the 1.9 CDTi SRi (120) should achieve £5,800, compared to £5,500 for the five-door model.
Vauxhall chiefs believe that the forecast residual values will translate to more competitive contract hire rates for the new car, which goes on sale in April.
On the Car rental fleets?
Source Fleet News
# posted by Liz Laurie @ 8:31 AM 
