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Mazda 3 MPS Residuals Up

November 9, 2009 by Mr Butterscotch Leave a Comment

Mazda 3 MPS - Close up

Mazda 3 MPS - Close up

The new Mazda3 MPS has seen a residual values claim boost from industry experts, CAP. Apparently, the launch this Autumn of the new model has seen a rise in the value of the model second hand, with plaudits coming from car valuation experts. Depreciation is a big factor in the cost of any car, so it’s good to see this new ‘super hatch’ bucking the trend and making sure that a decent amount of value is left in the after the 3 years (average) ownership life.

Here’s some further information from Mazda:

The all-new Mazda3 MPS ‘super-hatch’ has been given a residual value boost to coincide with the range-topper going on sale in the UK this Autumn. The 2.3-litre petrol model, which generates 260ps and 380Nm of torque and has a limited top speed of 155mph, has won plaudits from used car valuation experts at CAP.

After driving the car, CAP’s price forecasters praised the model’s sporty styling and aggressive look and consequently upped its benchmark three-year/60,000-miles forecasted value by three percentage points.

A ‘blind’ prediction of the car’s worth saw CAP give the model, which has a P11D list price of £21,500 OTR, an initial valuation in September of £6,425 (30%) at the benchmark period. However, now the residual value has been increased by £450 to £6,875 (2%). That means that against the previous Mazda3 MPS the new model will retain an additional £750 of its value.

Jeff Knight, forecast manager at CAP, said: “The all-new Mazda3 MPS looks the part. It has the right styling cues and a more aggressive stance, which are important on a vehicle in the performance car bracket. The previous Mazda3 MPS always had performance, but it lacked the necessary visual appeal. Mazda has addressed that issue with the new model. We agree with Mazda that the new car is a significant step forward.”

Filed Under: Daily News, Money Tagged With: CAP, depreciation, hot hatches, Mazda3 MPS, Performance cars, Residual values

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