BOOST: Mazda CX-5 compact SUV
Fleets investing in the Mazda CX-5 compact SUV could save up to £1,600 per model thanks to a residual value increase.
Vehicle valuation experts at CAP Monitor have judged that the CX-5 range retains 38-40% of its P11D value, over the standard three-year/60,000mile term.
Taken in conjunction with general overall increases in CAP forecasts across the sector, the figure is an improvement of £1,275-£1,575 across the range compared with August 2013.
Jeff Knight, Forecasting Editor (Cars) at CAP, 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.”
Future vehicle valuations in the September issue of CAP Monitor increased by approximately 3% as a result of the introduction of the ‘63’ registration plate.
However, the Mazda CX-5 has enjoyed greater than average residual value forecast increases.
The highest percentage residual value increase is on the entry-level 2.0litre 165PS 2WD SE-L model.
On a three-year/60,000mile term, the car has a residual value of £8,650, equivalent to 40% of its £21,415 P11D value.
The highest cash residual value increase is on the 2.2litre 175PS AWD Sport Nav Auto, meaning that at three years/60,000 miles the car has a 38% value of £11,225.
Steve Tomlinson, Head of Fleet at Mazda, said: “Mazda CX-5 fleet sales are ahead of target, fiscal year to date, and we anticipate the residual value uplift will further strengthen demand.
“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.”