Tom Garner's Auto Community

Monday, March 03, 2008

Hyundai i10 Future Values Looking Good

Hyundai i10 Residual ValuesIn advance of the launch of the new Hyundai i10, some results were released showing how the new i10 will fare on future values with CAP.

CAP is considered to be the leading provider of residual value forecasts for the UK market, especially the business car market.

CAP Monitor New Car data for March 2008 predicts future values based on 3 years, 60,000 miles for the new i10 at:

%RV Model

39% Hyundai i10 1.1 Classic 5 Dr
39% Hyundai i10 1.1 Comfort 5 Dr
39% Hyundai i10 1.1 Style 5 Dr

Looking at the other leading competitor models in the current market place the Hyundai i10 has been received positively by, some might say, the most critical audience in the UK:

% RV Model

26% Chevrolet Matiz 1.0 SE 5 Dr

27% Fiat Panda 1.1 Active 5 Dr

30% Kia Picanto 1.0 5 Dr
29% Kia Picanto 1.1 2 5 Dr
30% Kia Picanto 1.1 Ice 5 Dr

34% Citroen C1 1.0 Vibe 5 Dr
33% Citroen C1 1.0 Rhythm 5 Dr

34% Peugeot 107 1.0 Urban 5 Dr

35% Toyota Aygo 1.0 VVT-i 5 Dr
34% Toyota Aygo 1.0 VVT-i+ 5 Dr

The only vehicle to match the i10 is the Volkswagen Fox 1.2 which isn't really a true competitor as it is only available as a 3 door, the RV here matches the i10 at 39%.

For the first time, Hyundai are in the most competitive possible position with a new product, and with the Press and Influencers both being incredibly positive, the i10 launch could yet prove to be one of Hyundai's most successful models ever.

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