Fleet News

Top grade 4x4s struggle to match old performance

RESIDUAL values of top-of-the-range 4x4s are struggling to match their previous good performance, according to CAP and Glass's. Fashionable 4x4s went through a period of value adjustment some time ago, heralding predictions of a residual value crash. Now it appears to be the turn of the more upmarket models.

CAP chief economist Mark Cowling said: 'When they first came to the market the prices were so high that the only way to go was down. You can still get a good residual value on a vehicle, just not as good as before.' This month's edition of Glass's Guide puts values for 4x4s down 1.3%, with MPVs down 1%. Chief car editor Alan Cole said: 'It's not due to any weakening of demand, it's down to the fact that there are more available and this looks set to continue.'

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