Top residual values predicted for the new Volvo C30

Excellent residual values have been predicted for the new Volvo C30 SportsCoupe by leading contract hire companies.

For example, Lex predicts the new Volvo C30 SportsCoupe will retain up to 51 per cent of its original list price over three years and 60,000 miles. Top of the residual tree according to Lex will be the entry level 1.6 S, closely followed by the 1.8 S at 50 per cent. Volvo’s predicted best seller the 2.0D S weighs in at 47 per cent.

On average, according to Lex forecasts, the new Volvo C30 range should recoup 46 per cent of its original list price, which puts it at the same levels as its German rivals.

Other leasing companies have also been positive about future used performance of the new Volvo C30 SportsCoupe. Companies such as LeasePlan, ALD and Lloyds TSB predict the C30 1.6D S will be worth an average of 44 per cent of its cost new price.

Steve Jones, Lex Vehicle Leasing’s Pricing Manager, adds: “The new Volvo C30 SportsCoupe will definitely bring drivers into the Volvo brand for the first time. We see a Volvo C30 driver as someone who is trading up their current car to something sportier, or looking for something less predictable.”

“Some drivers will be keen to get into a Volvo C30, rather than opt for something more mainstream because it looks different in the company car park. The entry level is very well equipped and we reckon this model and the Sport will be the favoured trim levels with company motorists. However, we anticipate the 1.6 litre and 2.0 litre diesels will be the volume models for our customers as they combine good fuel consumption and Benefit in Kind tax levels.”

John Wallace Volvo Corporate Sales and Leasing Manager said: “The Volvo C30 SportsCoupe is already generating enquiries from company car drivers and these residual rates will enhance its desirability further.”