Glass's Guide said Ford's change in supply policies had resulted in one and two-year-old Escorts and Mondeos both increasing in value although the move had not affected residuals on older cars. Meanwhile, CAP said Ford's move had resulted in residuals on three-year-old Escorts also increasing by around £200, although there had been no increase in Mondeo residual values for three-year-old vehicles.

CAP chief economist Mark Cowling said: 'Ford is doing a much better job than it has in the past in terms of managing stock and looking at the marketplace and working with the marketplace. With control over one and two-year-old vehicles, prices have been holding up well.' And Arnie Fenn, Glass's chief car editor, said: 'The cutback is having some effect as there is a shortage of vehicles and it will continue to have benefits for those cars up to two years old.'