Fleet News

MINI is the best bet for holding its value

The new MINI will hold on to its value better than any other mainstream car on sale in the UK, retaining 54% of its cost new after three years and 60,000 miles.

Information from Lex, the UK’s largest leasing company, shows that the MINI is the safest place for a fleet’s cash for the second year running. It heads a top 10 list which is dominated, unsurprisingly, by premium brands.

The data, gleaned from analysis of Lex’s 250,000-plus vehicle fleet, shows that Audi is the most coveted used car brand with three models in the top 10 – the TT in second, new A5 coupe in third and the A3 in seventh.

The list also includes three SUVs – Range Rover Sport, BMW X5 and Land Rover Freelander – illustrating that the green backlash against these sorts of vehicles has not hindered their appeal.

Steve Jones, Lex’s pricing manager, said: “Most used buyers aspire to the same credentials as a new car buyer – those of style, exclusivity and reliability – and that’s why this list is the way it is.

“Used buyers who can’t afford a new MINI or Audi TT may well be able to stretch to a used one in two or three years’ time so they will be in high demand.”

Top ten used cars

Car RV %
1 MINI 54
2 Audi TT 52
3 Audi A5 51
4 Range Rover Sport 50
5 Mercedes-Benz SLK 49
6 Mercedes-Benz C-Class 49
7 Audi A3 48
8 BMW X5 47
9 Volvo C30 47
10 Land Rover Freelander 47

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