Fleet News

Phaeton holds its own for luxury values

TRADE rumours that the Volkswagen Phaeton would become the fastest depreciating car in history have proved unfounded following the release of figures by CAP.

Despite relatively low residual value percentage predictions, ranging from 23% to 35%, the Phaeton offers a competitive residual value proposition alongside established luxury saloon rivals in terms of money lost.

CAP Monitor figures for August include the Phaeton for the first time and shows that the five-seat model almost matches the equivalent Mercedes-Benz S-class and loses less cash than the BMW 730i.

However, fleets could be throwing money away by selecting the four-seat Phaeton over the five-seat model. The £5,455 more expensive four-seat version retains none of the extra money spent on it over the less expensive five-seater.

Jeff Knight, editor of New Car Monitor, said: 'We came to the decision after some research and contacted a few people in the industry. We believe there would be a trade- off for the toys compared with having the use of a full five-seater.'

Luxury model RV comparison
Model P11D price CAP RV (3yrs/60,000 miles) Cash lost
VW Phaeton V6 5-seat £42,720 £14,900 (35%) £27,850
BMW 730i £46,670 £16,600 (41%) £30,070
Jaguar XJ6 £38,820 £16,100 (41%) £22,720
Mercedes-Benz S280 £45,330 £18,075 (40%) £27,220
VW Phaeton V6 4-seat £48,175 £14,900 (31%) £33,275
VW Phaeton W12 5-seat £68,075 £16,800 (25%) £51,275
BMW 760i £76,170 £24,150 (32%) £52,020
Mercedes-Benz S600L £89,580 £26,475 (30%) £63,105
VW Phaeton W12 4-seat £71,970 £16,800 (23%) £55,170

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