Fleet News

Leganza values show vastly differing views

RESIDUAL value predictions for Daewoo's new range-topping Leganza reveal vastly differing views as to how well the model will perform in the used-car market - with three-year/ 60,000-mile figures ranging from 31% to almost 40%. CAP Monitor has now finalised its three-year/60,000-mile residual values for the Leganza range forecasting 31% for the Leganza 2.0 CDX auto, 32% for the 2.0 CDX manual, 31% for the 2.0 SX auto, and 32% for the 2.0 SX manual.

However, leasing companies appear to view the vehicle in a much more favourable light. Lex Vehicle Leasing, for example, puts the 2.0 CDX auto residual value at 39.3% after three years/60,000 miles, while PHH Vehicle Management predicts 35%. CAP Monitor editor Mark Norman said the future value of Leganza would depend upon the perception of the public three years down the line. CAP Monitor viewed it as in a similar category as the Hyundai Sonata, rather than Ford Mondeos or Vauxhall Vectras.

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