The cars with the highest retained value after three years and 60,000 miles
August 24, 2006 It doesn’t matter what you call it – residual value, retained value, depreciated value – it’s the key variable in the cost of ownership of any car and it would be folly to purchase any vehicle over another without first investigating the amount of money you’re likely to get for it when you sell it. Lex is the UK's largest contract hire provider of company cars and vans, owning a fleet of 180,000 cars and vans and supplying over 20,000 businesses across the UK, including two thirds of the FT-SE 100 companies. Given such a rich database of information, each year it compiles a list of the ten vehicles with the greatest retained value after three years and 60,000 miles on the road. Traditionally, the Porsche Boxter is the car to beat, winning the title of the highest retained value (54% last year) four years in a row, from 2002 (results), 2003 (results), 2004 (results) and 2005. Last year the German manufacturers had a clean sweep of the top 10 with an amazing six BMWs, two Mercs and two Porsches beating out all other nationalities of manufacturer. This year Lex has produced its first-ever Top 10 residuals list for cars in three price sectors - below UKP15,000, UKP15,000 to 30,000 and above UKP30,000. The results underline the wide choice of vehicles available to today’s company car drivers and show that style, individuality and build quality are now the key factors in enabling a car to retain its value. German cars are still strong, but Japanese, English and Swedish manufacturers are also now well represented.
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