Automotive Industry Digest

Latest Fleet News For The Automotive Industry

Model update

New Volvo V60 awarded class-leading residual values by cap hpi

Volvo’s new V60 mid-size premium estate has been awarded class-leading residual values.

Leading residual values supplier cap hpi has published its March Gold Book, which estimates the V60 D3 Momentum will be worth 38.3% of its cost new price after three years and 60,000 miles, putting it ahead of its German rivals.

While this is welcome news for Volvo as a business, it is even better news for the customer as good residual values ultimately translate into lower monthly contract hire and personal leasing rates.

“Strong residual values are key to the successful launch of any new car and these figures will make the new V60 very competitive from day one with smes and large fleets alike,” explained Steve Beattie, Volvo Car UK’s Head of Business Sales.

The new V60 shares styling cues with its bigger brother, the V90 and provides a class-leading 529-litres of boot space. All V60 models are equipped with the Sensus infotainment system which is fully compatible with Apple carplay and Android Auto, and powers a range of entertainment, satellite navigation and connected services. This includes Volvo On Call which allows drivers to connect remotely to the car from a smartphone or smartwatch.

The V60 is on sale now with a starting price of £31,810.

Automotive Industry Digest

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