New Mazda2 Is Top Of The Whole Life Cost Charts

Mazda2

 

The Mazda2, the Japanese marque’s all-new supermini, is top of the class for whole life costs, according to independent experts.

Predicted three year/60,000 mile residual values from CAP Motor Research and pence per mile operating cost figures compiled by Emmox, reveal that the Mazda2 is the cost-effective fleet choice.

The seven-strong Mazda2 range enters showrooms this month with a choice of four petrol-engined models – 1.25 S, 1.4 TS, 1.4 TS2 and 1.6 Sport – and three diesel-engined models – 1.4 S, 1.4 TS and 1.4 TS2.

Experts from CAP Monitor predict that the entry-level Mazda2 1.25 S, which has a P11D value of £8,635, will have a very competitive 41% residual value after three years/60,000 miles. That puts the Mazda top of the class ahead of rivals such as the Toyota Yaris and Nissan Micra.

The 1.4 TS and the 1.4 TS2 both have predicted RVs at three years/60,000 miles of 38%, while the range-topping 1.6 Sport comes in at 37%.

In the supermini diesel sector the Mazda2 again leads the way with the 1.4D S, which has a P11D value of £9,590, retaining 41% of its value after three years/60,000 miles. The 1.4D TS and 1.4D TS2 each have predicted RVs of 40% respectively meaning each model easily competes with its rivals.

With the 1.25 S expected to account for up to a third of all sales Jeremy Thomson, Mazda’s fleet and remarketing director, said: ‘RV predictions for the 1.25 S alone are fantastic. However, with the remainder of the range all having predicted RVs of close to 40% or above it means that fleets can reap dividends in the used car market with the Mazda2. Our new supermini is not only a desirable new car, but CAP’s confidence in the range shows that they believe it will be a sought-after secondhand car.

‘Wherever you look in the Mazda2 range the model has excellent RVs. With low on-the-road prices and specifications, which includes CD player, electric front windows, ABS and twin front airbags as standard on TS models, our newest model will not only be a winner with fleet decision-makers but also with company car drivers.’

Similarly, cost per mile experts at Emmox rate the Mazda2 1.4D TS, which has a P11D value of £10,390, very competitive, with a wholelife cost figure over three years/60,000 miles of 22.27p putting the model ahead of rivals such as the Citroen C3, Nissan Micra, Toyota Yaris and Vauxhall Corsa.

Elsewhere, the Mazda2 1.25 S returns a cost per mile figure of 22.04p also beating the Citroen C3, Toyota Yaris and Vauxhall Corsa. Meanwhile, the Mazda2 1.4 TS, which has a P11D value of £9,850, returns a cost per mile figure of 23.92p putting it ahead of the Volkswagen Polo 1.4 S 75 PS, which returns 23.97p a mile.

The whole life cost of a car is the total cost each vehicle soaks up during its life on a company fleet taking into account costs such as depreciation, fuel and service, maintenance and repair.

Mr Thomson said: ‘The lower the pence per mile figure the cheaper the car is to operate for fleets. It is generally agreed that whole life costs represent the basis for the best form of allocation policy. With company car costs continually under the microscope the Mazda2 can play its part without compromising on driver appeal.’

Published 15 April 2003 Melanie Carter
 

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