An expert has praised the new Honda Jazz for its high residual value.
Honda has just announced class-leading residual values for its new Jazz, offering customers even greater value for money.
The current Jazz has a 34 per cent residual value, (based on three years and 60,000 miles), according to the latest CAP Monitor survey.
This compares favourably with the 38 per cent achieved by the Volkswagen Polo 1.2 E and the 34 per cent reached by the Toyota Yaris 1.0 T2.
But the new Jazz 1.2 S tops the lot. It has a residual value of 42 per cent.
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 Glasss.
"It’s a compact car with huge flexibility, decent driving dynamics and some of the best residual values in the industry."
"Securing strong residual values and whole life costs for a car that represents quality and value for money was critical," said Lee Wheeler, national leasing manager, Honda (UK).
Written by Bobby Minter