The new Volvo XC40 T5 Twin Engine plug-in hybrid gets residual values which outshine the competition, with as good as 58.4 per cent after three years.
It does seem to have taken Volvo a long time to get the XC40 T5 Twin engine plug-in hybrid to market, but it was finally revealed last month, nearly eighteen months after it sneaked quietly in to the 2018 Beijing Motor Show.
We already know just how good the Volvo XC40 is, but, although plug-in hybrids are a bit of a compromise, the new plug-in hybrid XC40 is now probably the pick of the range if you ignore the price of the R-Design plug-in XC40 which starts at £42,305, and will probably be well over £45k by the time you tick the option boxes you really just must.
We would have liked the XC40 Twin Engione to be four-wheel drive like its bigger siblings, but with a combined 258bhp it is the most powerful XC40 you can buy, and promises an EV range of getting on for 30 miles (although, even with a gentle right foot, that’ll probably be more like 20 miles in the real world).
But despite the quite high price, the XC40 Twin Engine could end up costing you less to lease (or whatever your favoured finance option is) thanks to some extremely impressive residual values.
According to Cap HPI, the XC40 R-Design T5 Twin Engine will retain 58.4 per cent of its value after three years and 30,000 miles, and even if you’re a business user doing 60,000 miles in those three years the residual value is almost 50 per cent.
Which makes the already no-brainer decision to buy an XC40 even more compelling.