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Dull and conservative: the new word in RV value

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14 January 2015

Residual values
Should your office car park be grey and conservative to save your business money as dull company cars start to command better residual values than many niche models

THINK of all those good cars that did what they should admirably but lacked that key factor to make them stand out – ie excitement.

Think Nissan Primera; Toyota Avensis; and so on. The rank and file of the company car park.

It seems, however, that dull and boring is the new word in top residual values, rather than exciting and niche crossovers.

Ironically, those saloons that were once considered dull are now, in some cases, around in such small numbers that demand exceeds supply

It’s rather reminiscent of those (few) banks that did the dull and grey bit rather than plunge into the high glam ultra risky investment markets that led to the crash of 2008.

Rupert Pontin, Glass’s Head of Valuations at the used car valuers explains more. He reckons we have become over-niched. Which is leading to customer confusion.

“Ironically, those saloons that were once considered dull are now, in some cases, around in such small numbers that demand exceeds supply by some margin and they move quickly off forecourts,” he says.

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