Recent feedback from the fleet sector indicates that the new Volvo XC90 looks set to be the best value premium SUV in the UK. Residual value and whole life cost experts have now driven the XC90 and have praised it for being innovative, enjoyable to drive and having a positive impact on the Volvo brand.
Future residual value forecasting experts CAP Monitor said: ‘The XC90 is a very good car. It offers something different and will have a positive impact on the Volvo brand just as the performance R-range did in the mid-90s. It’s rugged, well-built and provides something different for the corporate driver.’
Glass’s Guide’s AutoProvision forecasting team believes that XC90 residual values should be impressive: ‘The XC90 looks different and bristles with new features, which should mean it will be worth around 55% of its original value after 3yrs/60,000 miles. The car should have a real impact on the Volvo brand in the fleet sector,’ said Glass’s.
The whole life cost expert, IDS Topcalc, believes the XC90 will cost less to maintain, use less fuel and cost less to run on a pence per mile basis than either of its close rivals, the Mercedes M-Class or BMW X5.
Topcalc predicts the Volvo XC90 D5 diesel will cost 32.47p per mile to run, which compares with 34.15p per mile for the equivalent diesel Mercedes M-Class and 40.19p per mile for the BMW X5.
The new Volvo XC90 arrives in the UK in October and, to date, Volvo Car UK has received over 650 orders for this new model.Published 31 July 2002