Leasing Companies Vote Accord Diesel Top Of The Premium League

Britain’s top leasing companies have responded enthusiastically to the launch of Honda’s first own designed and built diesel, available in the Accord next February.

Monthly rental figures for the Accord i-CTDi models are emerging as among the lowest in the premium upper medium class, according to first reported figures from Insight* - the independently produced report of leasing company rates.

Honda’s National Leasing Manager Andrew Wale explains: "Highly competitive leasing rates have been made possible through a combination of the Accord’s competitive list prices, excellent residual values (RVs) and very low projected service and maintenance costs. CAP Monitor set RVs at £500 to £525 above Petrol Accord RVs but the Insight results are even better with RVs being set at up to £744 above the already impressive Petrol values. Most of the leasing companies attended the launch of the car and experienced first hand how quiet the Accord diesel is versus its competitors. This has undoubtedly boosted their confidence in the vehicle and reflects in the figures."

"We have the lowest monthly rentals in virtually every sector. These rates should be available from all leasing companies during October and cars can be ordered from 1 December. The on sale date for the new Accord Diesel is 1 February," he added.

* Although the data was collected too early to obtain a full set of results, the data includes submissions from companies such as Lex Vehicle Leasing, Arval PHH, Lombard, HSBC Finance, Pendragon Contracts, Hitachi and Daimler Chrysler Services Fleet Management.

Published 9 October 2003 Melanie Carter

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