Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Car Comparator
Van Tax Calculator
EV Car Comparator
BiK Rates Company Car Tax

New Volvo XC40 plug-in hybrid outshines rivals on RVs

The new Volvo XC40 T5 Twin Engine plug-in hybrid has scored high residual value ratings from Cap HPI, said to outstrip nearest competitors.

The XC40 T5 Twin Engine PHEV is on sale now

In R-Design specification, the XC40 PHEV – which is now available to order – is predicted to have an RV of 58.4% after three years and 30,000 miles. This compares to 49.3% for the BMW 3 Series 330e M Sport saloon and 47.0% for the Mitsubishi Outlander 2.4 PHEV Design at the same age and mileage.

The Volvo also outguns its rivals after three years and 30,000 miles; Cap’s RV prediction is that XC40 T5 Twin Engine R-Design models will be worth 49.0% of their original new price, compared with 41.4% for the BMW 3 Series 330e M Sport saloon and 39.4% for the Mitsubishi Outlander 2.4 PHEV Design.

Matt Galvin, sales director, Volvo Car UK, said: “We are delighted that the plug-in hybrid version of our best-selling model in the UK has been forecast to retain its value so well. The resulting lower monthly leasing costs, combined with the car’s tax- and fuel-efficiency, mean the XC40 T5 Twin Engine is a highly affordable and attractive options for private and business drivers alike.”

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.