Thursday, March 15, 2012

Upgraded Mazda3 receives RV boost ? Automotive Industry Digest

THE newly launched upgraded Mazda3, which includes the debut of an emission-busting 1.6 litre diesel Sport model, has been given a residual value uplift.

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The boost means valuable cash benefits for fleet operators, while company car drivers will also make financial savings due to emission cuts of up to 3.5% depending on model delivering benefit-in-kind tax bill reductions. The upgraded range also benefits from fuel economy improvements meaning cuts in fuel bills.

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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% and 6.5% per model over the benchmark three years/60,000 mile lifecycle, according to experts at vehicle information provider Glass?s Guide.

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At the benchmark period most models across the five-door hatchback range will retain 34% of their value including the new 115 PS 1.6 litre diesel Sport and Sport Nav, according to Glass?s Guide.

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Meanwhile, the flagship 260 PS 2.3 litre MZR DISI TurboMPSwill retain 36% and the 185 PS 2.2 litre MZR-CD Sport Nav 35%.

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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.

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On the road prices for the upgraded Mazda3 range start at ?14,995.

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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.

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?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.

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

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Source: http://www.automotiveindustrydigest.com/2012/03/15/upgraded-mazda3-receives-rv-boost/

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