Fleet News

Pricewatch: Petrol v LPG

AS part of a series of new sections covering the remarketing industry, Fleet News is looking at how new cars you take on to your fleet might perform over the next three years.

Using data from used car expert CAP Motor Research, we will benchmark two cars against each other to see how they both perform over three years/60,000 miles, listing how each car's value performs at key mileages and dates during its life. This week, we compare petrol and LPG in the shape of the Volvo V70.

Volvo V70 2.4 140 SE
Price New: £24,378
Mileage Age (mths) Predicted value Money lost
20,000 12 £14,400/60% £9,978
30,000 18 £12,500/52% £11,878
40,000 24 £10,875/45% £13,503
50,000 30 £9,450/39% £14,928
60,000 36 £8,226/34% £16,152
(Source: CAP Motor Research)

Volvo V70 2.4 140 SE LPG
Price New: £26,398
Mileage Age (mths) Predicted value Money lost
20,000 12 £15,125/58% £11,273
30,000 18 £12,750/49% £13,648
40,000 24 £10,875/41% £15,523
50,000 30 £9,075/35% £17,323
60,000 36 £7,925/30% £18,473
(Source: CAP Motor Research)

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee