Used value guides EurotaxGlass�s and CAP have announced strong residual value predictions for the new Volvo XC60 crossover, a testament to its appealing style, innovation and attractive packaging and equipment. Based on a three year/20,000 mile per annum profile CAP estimates that both the Volvo XC60 163bhp 2.4D and 185bhp D5 SE models will achieve a trade value of 45% of their original cost new price. This equates to �11,675 and �12,100 respectively.EurotaxGlass�s also predicts the Volvo XC60 2.4D SE will retain 46% of its cost new price over a three year/60,000 mile period and estimates a 47% residual value for the D5 SE, at �12,450.This means the new Volvo XC60 goes in to the top range of the sector, beating the best selling Land Rover Freelander and matching or exceeding the popular BMW X3.
�This impressive residual value is critical in the highly competitive fleet market as the more the car is worth in three or four years� time, the lower the monthly contract hire costs, whether business or personal leasing. This also spells good news for retail buyers who are purchasing the car on Personal Contract Purchases (PCP),� comments John Wallace, Volvo Corporate Sales and Leasing Manager.�The Volvo XC90 has returned very good residual values since its launch and we feel the XC60 will continue in this same vein,� comments Jason King, Head of Market Intelligence at EurotaxGlass�s. �The 4�4 market has been under pressure from used prices falling for a while, but the XC60 is a premium product with very modern styling and a good level of standard specification and we are confident of its success as a used car.�Volvo�s new crossover vehicle combines a strong athletic body, capable XC muscles, high ground clearance and large wheels with the flowing lines and charisma of a sporty coupe. The Volvo XC60 is available to order in the UK now and will be launched in dealer showrooms on 15/16 November. Prices start at �24,750 on the road for the 2.4D S model, offering standard features such as low speed autobrake City Safety technology, versatile 40/20/40 split folding rear seats as well as sub 200g/km CO2 engine options.
Source: 4wheelsblog
�This impressive residual value is critical in the highly competitive fleet market as the more the car is worth in three or four years� time, the lower the monthly contract hire costs, whether business or personal leasing. This also spells good news for retail buyers who are purchasing the car on Personal Contract Purchases (PCP),� comments John Wallace, Volvo Corporate Sales and Leasing Manager.�The Volvo XC90 has returned very good residual values since its launch and we feel the XC60 will continue in this same vein,� comments Jason King, Head of Market Intelligence at EurotaxGlass�s. �The 4�4 market has been under pressure from used prices falling for a while, but the XC60 is a premium product with very modern styling and a good level of standard specification and we are confident of its success as a used car.�Volvo�s new crossover vehicle combines a strong athletic body, capable XC muscles, high ground clearance and large wheels with the flowing lines and charisma of a sporty coupe. The Volvo XC60 is available to order in the UK now and will be launched in dealer showrooms on 15/16 November. Prices start at �24,750 on the road for the 2.4D S model, offering standard features such as low speed autobrake City Safety technology, versatile 40/20/40 split folding rear seats as well as sub 200g/km CO2 engine options.Source: 4wheelsblog
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