The new Volvo XC40 – Volvo’s first SUV built on the new compact platform – has achieved strong residual value figures from CAP HPI and KeeResources.
We all know that strong residual values – what a car is worth as it ages – makes a big difference to how much it really costs you to own and run, especially if you opt for some sort of lease finance.
So anyone thinking about putting in an order for the new Volvo XC40 SUV – Volvo’s first small SUV, built on their new compact platform – will be pleased to know it’s forecast to be a bit of a residual star.
Figures from CAP HPI and KeeResources – used car value gurus – have delivered a residual value forecast for the XC40 which will make you payment lower, whether you’re opting for a petrol or diesel XC40.
Using the BMW X1 and Audi Q3 as comparisons, the XC40 D3 Momentum has a three year, 60,000 mile residual of 43-46 per cent, with the X1 on 36-42 per cent and the Q3 on 38-44 per cent.
Opt instead for the T3 Momentum and you’ll see residuals of 45 per cent, with the Q3 petrol managing 39 per cent and the X1 between 33 per cent and 41 per cent.
Just like the 90 Series cars – XC90, V90 and S90 – the rates for the new XC40 should encourage even more buyers to consider Volvo’s XC40, rather than the German competition.