HPI’s top 10 Mini MPVs
The Mini MPV sector is a strange beast, featuring a mixture of van based cars and high roof superminis, but this variety continues to pull in consumers looking for space and practicality. Volumes are limited, but with demand in the used market so strong, Mini MPVs are maintaining their values, advises HPI.“This rapidly growing sector used to be dominated by 'old school' models such as Berlingo, Kangoo, Meriva, Fusion and Doblo,” says Martin Keighley, HPI’s valuation expert. “The new generation includes the likes of Nemo, Qubo, Soul and C3 Picasso with van based models increasingly popular.
“As the 'ugly duckling' class, function comes before style every time – urban cool is replaced by space for passengers and luggage. Citroen dominates this class with 3 out of the top 5 of the best performers with the low cost Nemo a clear winner and worth considering for anyone shopping for an MPV.”
The average 3 year 60,000 miles forecast value for all cars is 31%, so according to HPI’s valuations, only the Nemo, Soul, Berlingo, Qubo and C3 Picasso beat this. However for the sector the average is only 27.6%. Buyers should take care with the non-van based Meriva, Note and Modus – all with lower than average residuals, with the Peugeot 1007 bottom of the pile with a residual value of 21.0%.
Keighley concludes, “Mini MPVs offer consumers an affordable option that won’t depreciate as much as larger options. People are still watching their finances closely, but the Nemo is a clear winner in the mini MPV sector, which is good news for dealers and consumers alike.”
HPI’S TOP TEN MINI MPVs
(By residual value)
1 Nemo Multispce
2 Soul
3 Berlingo Multispace
4 Qubo
5 C3 Picasso
6 Urban Cruiser
7 Kangoo (New)
8 Roomster
9 Materia
10 Note