MINI posts strongest residual values
A new study by residual values experts Glass’ has revealed that MINI vehicles hold more of their value than any other brand, good news for the contract hire market. Industry leading average depreciation of just 16.4 per cent for MINI customers, potentially saving thousands of pounds for consumers, businesses and fleets.
Out of 34 car manufacturers, MINI boosts up to 10 depreciation percentage points less on their vehicles per year when compared with the worst performing brands.
Andrew Jackson, Head of Analytics at Glass’s, said: “Considering that MINI operates within a classically high-RV-performing segment, combined with the desirable nature of the brand, meant that even for vehicles aged seven years, the percentage of cost new that can be expected from a MINI was appreciably more than any other brand.”
As well as strong residual values offered by entry level MINI models, many of the brand’s options and customisation choices further improve residual values for customers come resale time. This translates into affordable leasing rates ensuring MINI customers can enjoy the options they want on their vehicle for less.