Strong Residual Values For Used Volvo XC Models
A 60-plate D5 SE R-Design AWD Volvo XC90 Geartronic model with 3,740 miles on the clock reached £32,300, £3,150 over the CAP Clean evaluation.Published 25 July 2011
At a recent auction at BCA Bedford, more than 100 Volvos went under the hammer, including 10 Volvo XC (Cross Country) models.
The Volvo XC60 and XC90 models were available, beating the residual values prices they were predicted to achieve and breaking the trend of used 4x4 values falling over the last few months.
A 60-plate Volvo XC60 D5 AWD R-Design with 16,889 miles on the clock sold for £30,600, and extra £3,700 on the CAP Clean valuation.
A 60-plate D5 SE R-Design AWD Volvo XC90 Geartronic model with 3,740 miles on the clock reached £32,300, £3,150 over the CAP Clean evaluation.
"Everybody knows that strong used values are a true measure of a car's desirability in the second hand market and both the XC60 and XC90 are becoming consistently sought after by used car buyers," said Selwyn Cooper, Volvo Car UK's national corporate operations manager.
"Strong used values are also the key drivers in reducing contract hire and Personal Contract Purchase (PCP) monthly rentals, which spells lower costs for business and personal motorists alike," he added.
Strong residuals are allowing Volvo Car Leasing to offer a number of contract hire rates for corporate buyers. For example. the XC60 D5 AWD 215hp ES Start Stop is available for just £379 per month, the XC90 D5 AWD 200hp SE Geartronic for £429 per month and the XC70 D3 DRIVe ES Start Stop for £339. All prices are ex VAT on three year/10,000 mile per annum contracts.
Volvo XC Range Auction Prices
|60||XC60 R-Design D5 AWD Geartronic||16,889||£26,900||£30,600|
|10||XC60 D5 SE AWD Geartronic||11,380||£25,290||£28,000|
|60||XC60 D5 SE AWD Geartronic||11,921||£25,850||£28,600|
|10||XC90 R-Design D5 Geartronic||9,655||£27,200||£28,400|
|60||XC90 R-Design D5 Geartronic||3,740||£29,150||£32,300|
|10||XC90 D5 SE Lux Geartronic||18,833||£25,950||£27,600|