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Residual values boost for Mazda CX-5

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Author: | Updated: 27 Sep 2013 16:55

The Mazda CX-5 has received a significant boost after CAP Monitor released its latest figures which reveals that residual values across the range have increased.

The new figures reveal that at three years/60,000 miles across the 20-strong CX-5 range, models retain between 38-40 per cent of their P11D value. When this is taken in conjunction of overall increases in CAP forecasts across the sector in means an improvement of between £1,275-£1,575 compared with August 2013.

 

Mazda CX-5 Torridon 2012

Speaking about the residual value uplift, Steve Tomlinson, Mazda’s Head of Fleet, also confirmed that fleet sales of the model are ahead of target, he added: “Improved residual values not only strengthen CX-5’s position in the fleet market, but also in the retail sector where personal contract purchase (PCP) schemes are popular. All Mazda models are available on Contract Hire, Personal Contract Hire and PCP via our dealer network and the higher residual values will deliver lower monthly payments irrespective of the funding method the driver chooses.”

“The Mazda CX-5 is a strong contender for the Mazda brand and we would expect the impact of improved residual values to have a spin-off effect across the range and further broaden fleet appeal.”

Future vehicle valuations in the September issue of CAP Monitor increased by approximately 3 per cent as a result of the introduction of the ‘63’ registration plate. The model also enjoyed a greater than average increase, based on strengthening market performance in general.

CAP forecasting editor (cars) Jeff Knight said: “Residual values for CX-5 have increased over its nearest rivals because we have been seeing evidence for some time of a growing admiration among motorists for Mazda’s offerings in this sector. It is clear that the CX-5 is increasingly the model of choice in the compact SUV sector for a growing number of buyers.

“Mazda has caught the wave of consumer appetite for economy among consumers, whatever type of car they choose, with their introduction of SKYACTIV technology, which contributes to low emissions and excellent fuel economy.”

The Mazda CX-5 is available with a choice of 2WD or all-wheel drive (AWD), manual and automatic gearboxes and six equipment levels (SE-L, SE-L Nav, SE-L Lux and SE-L Lux Nav, Sport and Sport Nav).

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