Fleet News

Upgraded Mazda3 recieves residual value boost

The newly launched upgraded Mazda3 has been given a residual value uplift.

The upgraded range, which features 18 models with a choice of three petrol and two diesel engines (three power outputs), benefits from an average residual value enhancement of between 3 percent and 6.5 percent per model over the benchmark three years/60,000 mile lifecycle, according to experts at vehicle information provider Glass’s Guide.

At the benchmark period most models across the five-door hatchback range will retain 34 percent of their value including the new 115ps 1.6-litre diesel Sport and Sport Nav, according to Glass’s Guide. Meanwhile, the flagship 260ps 2.3-litre MZR DISI Turbo MPS will retain 36 percent and the 185ps 2.2-litre MZR-CD Sport Nav 35 percent.

In cash terms the forecast means that the 1.6-litre diesel Sport (£19,095 on-the-road) and Sport Nav (£19,945) will be worth £6,472 and £6,711 respectively at three years/60,000 miles, according to Glass’s Guide.

Andy Cutler, UK car editor - forecast values at Glass’s Guide, said: “The Sport trim, available on the 1.6-litre diesel engine for the first time, will certainly help demand as it will appeal to a younger market sector in this highly competitive segment.

“Overall the model is a well priced, good mid-sized hatchback which is competitive against its rivals. The upgrade should help the values of the vehicle stand up a little more as well as have more appeal.

“Fleet operators will overlook the Mazda3 at their peril as the vehicle can certainly hold its own in this segment.”

Sales director Peter Allibon said: “The residual value uplift given by Glass’s Guide to the upgraded Mazda3, coupled with improvements in emissions and fuel economy on most models, the addition of a new Sport model and Mazda’s established core fleet strengths - excellent vehicle reliability, strong residual values and fun-to-drive characteristics - means corporate appeal has been strengthened even further.”

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