Volvo V40 residual values 'will challenge Audi and VW'
Fleet industry insiders have predicted strong residual values for the all-new upcoming Volvo V40 hatchback, which is available to order now in the UK.
Both leasing companies and future value guides have recently had the chance to get a detailed preview of the new Volvo V40, which effectively replaces both the S40 compact saloon and its estate counterpart the V50.
The V40 is aimed at both families and businesses and Volvo has sought feedback from fleet experts during the build-up to the car's launch.
Analysts for residual value data experts CAP and Lex Autolease also indicated that the Volvo V40's residual values would be on a par - or superior to - the Audi A3 and the Volkswagen Golf; and slightly behind the BMW 1 Series.
The Managing Director of KeeResources, Dennis Keenan, predicts that the V40's 115bhp 1.6-litre D2 diesel engine will help give the car a strong Whole Life Cost, the amount the customer will pay over the model's total lifespan.
Keenan added: "The V40 is a desirable car and with very low initial volumes, we predict residual values will exceed its direct competitors by some margin. Even when full volumes come on stream, this is a car that will maintain its position due to its desirability factor."
The Head of Pricing at Alphabet Fleet Management Jim McNally said: "From the initial launch we see the D3 SE as the volume model in the fleet sector."
The SE trim will be the starting model in the Volvo V40 range, and will be available with the 150bhp 2.0-litre diesel D3.
Other engines in the V40's range include a 177bhp D4 diesel and two 1.6-litre petrol units, a 150bhp T3 and 180bhp T4.
The Volvo V40 is priced from £19,745 and first UK orders are set to arrive in September 2012.