The new model, based on the S80 executive challenger, goes on sale in September and CAP predicts the likely best-seller, the D5 SE, will retain 49% of its cost new after three years/60,000 miles.
This compares with 44% for the BMW 525d SE Touring and 41% for Audi’s A6 Avant 2.7 TDI SE. Lex, the UK’s largest leasing firm, has also matched CAP’s prediction.
John Wallace, corporate sales and leasing manager for Volvo Car UK, said: “The residual value forecasts reflect the excellent used prices the current estates have achieved, together with an increase in value because of the significant step-up in style, driving dynamics, functionality and quality evident in the new V70.”
The V70 range will be priced from £26,495 to £38,280. The four-wheel drive version, the XC70, will cost from £31,035 to £36,200.
Volvo expects to sell 7,500 V70s and 2,500 XC70s in the UK per annum. These figures include new models which will join the range later this year – 2.0-litre diesel and petrol models plus a FlexiFuel bio-ethanol version.
Fleets will account for around 55% of V70 registrations, with SE trim being the biggest seller.
The diesel engines – the D5 and 2.4 D – will take 80% of sales, with the D5 engine accounting for virtually all sales in the XC70.