PREMIUM German brands can’t match the humble Ford Mondeo as a hedge against depreciation according to a residual value forecast by the independent car information experts, CAP Automotive.
The company car driver’s favourite enjoys a better used value retention rating than the BMW 3 Series, Audi A4 and Volkswagen Passat.
CAP’s Gold Book, used by the majority of the UK automotive industry for car value benchmarking, also expects the new Mondeo to be worth £1,750 more after three years than the previous model was at the same age. This is the biggest uplift any version of the Mondeo has ever had over its predecessor.
The company car driver’s favourite enjoys a better used value retention rating than the BMW 3 Series, Audi A4 and Volkswagen Passat
According to Gold Book a diesel Mondeo 2.0 TDCi ECOnetic Zetec will hold onto 42.7% of its new list price, after three years and 30,000 miles. That compares with 38.3% for a diesel Audi A4 2.0 TDIe SE, 36.8% for a BMW 3 Series 318d SE and 41.6% for a Volkswagen Passat 2.0 TDI Bluemotion Tech Executive.
Ford maintains the predicted advantage at higher mileages too and the petrol version even stretches the lead over its German premium rivals.
At three years, with 60,000 miles on the clock, a petrol Mondeo 1.5 EcoBoost Zetec will be worth 36.1% of its new list price, beating an Audi A4 1.8T FSI 170 SE’s 31.4%, a BMW 320i SE’s 32.3% and a Volkswagen Passat 1.4 TSI 160 Executive’s 31.5%.
In a hotly contested car sector which once saw the phrase ‘Mondeo Man’ coined as the definition of ordinary, the new Mondeo’s used value strength will shock many of its competitors.
Dylan Setterfield, who heads the forecasting team at CAP, said:
