Automotive Industry Digest

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Residual value update

Top hybrid buys

Automotive data experts hpi have crunched the numbers to come up with the best picks when considering a hybrid vehicle.

The analysis looked at hybrid and plug-in hybrid vehicles at one year old and 10,000 miles. The Toyota C-HR retains 84.5% of its value after a year and loses around £4,000. The Lexus NX comes a close second, holding 79.5% of its value over the same period.

Commenting on the study, Chris Plumb editor from hpi said: “While hybrids have grown in volume in recent years, they still remain relatively scarce in the used market compared to the traditional fuel types.  As plug in hybrid vehicles have not been widely adopted by fleets in any volumes, supply reaching the markets is patchy and demand exceeds supply. Buyers should avoid high mileage and poor condition examples as they are a turn-off to second hand buyers. Finally always make sure you pick a vehicle with a full service history.”

The Toyota Prius, Suzuki Ignis, Toyota Rav4, Kia Niro and Hyundai Ioniq also make the list with industry-leading levels of low depreciation.

10 best depreciators at one year and 10,000 miles.

  Model Average New Price (£) Average New Price Retained % Average Depreciation (£)
  TOYOTA C-HR (2016–) 26,301 84.5 -4,073
  LEXUS NX (2014-2017) 38,976 79.5 -8,038
  TOYOTA PRIUS+ (2015–) 29,688 78.6 -6,338
  SUZUKI IGNIS (2017–) 13,444 78.3 -2,919
  TOYOTA RAV4 (2015–) 32,270 77.4 -7,308
  KIA NIRO (2016–) 22,873 77.2 -5,223
  TOYOTA PRIUS (2015–) 26,071 76.6 -6,115
  KIA NIRO (2016-2017) 26,940 74.8 -6,790
  LEXUS IS (2016–) 37,327 74.4 -9,696
  HYUNDAI IONIQ (2016–) 21,740 74.1 -5,640

Automotive Industry Digest

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