May 282014
 

Mini (Blog)MINI has the strongest UK residual values of 34 car manufacturers, an independent study by Glass’s has found. With an annual average depreciation of just 16.4 per cent, MINI customers benefit from the strongest residual values in the industry. Glass’s study, scrutinised cars at one, three, five and seven years old to obtain fair depreciation figures.

MINI’s industry leading depreciation figures means UK customers can experience depreciation up to 10 percentage points less on their vehicle per year compared with the worst performing manufacturers. This can amount to saving of thousands of pounds when selling the vehicle.

Andrew Jackson, Head of Analytics at Glass’s, comments: “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.

Sep 202006
 

MiniThe iconic MINI is officially Britain’s best all-round used car package, according to a new survey involving the nation’s motoring media.

Automotive warranty company, Warranty Direct, canvassed the judgement of journalists on a shortlist of the forty most reliable models in the market. The poll looked at eight categories in all – Supermini, Small Family, Family Car, Compact Executive, Executive, MPV, 4×4 and Roadsters – using data from over 56,000 policies.

Such a majority concurred that MINI was ‘best in class’ that it not only topped its respective category, but also raced away with the title of Britain’s Best Used Car Buy by gaining more votes than any other model considered.

Following the MINI closely the finish, Mazda’s MX-5 won the Roadsters category with a resounding 61 percent of votes, while BMW’s 5-Series took the final place on the winner’s rostrum with 58 percent of votes in the Executive sector.

Over half of the journalists interviewed agreed the honour of best Small Family Car should go to Ford’s Focus. The Honda Accord – which recently topped a Warranty Direct poll of the Top 100 most reliable used cars over the past decade – won the accolade of best Family Car with 45 percent of the votes.

Less unanimity was reached in the Compact Executive, MPV and 4×4 categories, with BMW’s 3-Series, the Vauxhall Zafira and the BMW X5 motoring away with the honours respectively.

“Reliability continues to be a key factor for any used car buyer,” says Duncan McClure Fisher, spokesman for Warranty Direct, “but clearly there are many other factors which affect a car’s overall desirability.”

“The specialist, informed knowledge of our respondents means this survey can safely offer sound advice to anyone looking to buy in the current used car market”.

Warranty Direct’s unique www.reliabilityindex.co.uk website lifts the lid on the reliability and associated repair costs for hundreds of vehicles.

Winners and Spinners of each category

 

The Categories

The Winners

Percentage of Votes for Winners

The Competition

SuperMini

MINI

65%

Nissan   Micra (23%)

Rover   25 (6%)

Vauxhall   Corsa (0%)

Fiat   Punto (6%)

Small Family

Ford   Focus

52%

Honda   Civic (13%)

Citroen   Xsara (0%)

Skoda   Octavia (35%)

Fiat   Brava (0%)

Family Car

Honda   Accord

45%

Volvo   V/S40 (10%)

Toyota   Avensis (6%)

Ford   Mondeo (33%)

Vauxhall   Vectra (6%)

Compact Executive

BMW   3-Series

42%

Jaguar   X-Type (3%)

Lexus   IS 200 (35%)

Audi   A4 (10%)

Mercedes   C-Class (10%)

Executive

BMW   5-Series

58%

Mercedes   E-Class (14%)

Volvo   S80 (6%)

Jaguar   S-Type (3%)

Audi   A6 (19%)

MPV

Vauxhall   Zafira

39%

Ford   Galaxy (10%)

Fiat   Multipla (13%)

Volkswagen   Sharan (6%)

Renault   Espace (32%)

4×4

BMW   X-5

32%

Toyota   RAV4 (22%)

Mitsubishi   Shogun (10%)

Mercedes   M-Class (10%)

Honda   CR-V (26%)

Roadsters

Mazda   Mx-5

62%

Mercedes   SLK (3%)

MG   TF (3%)

BMW   Z3 (3%)

Porsche   Boxster (29%)