MARKET experts are predicting even stronger residual values for the new Honda Jazz model when it hits the second hand market.
The new model is expected to retain eight per cent more of its purchase price after three years and 60,000 miles. The outgoing model achieved an impressive 34 per cent, but figures as high as 42 per cent are expected from new 1.2 S model.
“Every now and then a car comes along that challenges the long established rules of depreciation. In this regard the Jazz has confounded many,” said Jason King of Eurotax Glass’s. “It’s a compact car with huge flexibility, decent driving dynamics and some of the best residual values in the industry.”
Lee Wheeler, National Leasing Manager for Honda, said: "Securing strong residual values and whole life costs for a car that represents quality and value for money was critical. This up-lift in residual values reaffirms the car’s position as a sector-leader and will help achieve increased conquest sales through the corporate market - particularly the public sector where Jazz is especially popular."
