New i20 'offers top residual values' for car loans customers

Dec 29 2008

Buyers applying for secured Car Loans might take into consideration the "excellent" residual values offered by the Hyundai i20 when deciding on their choice of vehicle.

The new hatch is being touted as a popular used car choice in the future by industry experts, meaning it is more likely to hold its value for those looking to sell the vehicle on in a few years time.

Industry analysts CAP say that the i20 will retain 47 per cent of its original value after three years – performing better than a string of rival motors including the TOYOTA Yaris and the VAUXHALL Corsa.

Hyundai UK's marketing director Andrew Cullis said the i20's standard specifications catered for "all of the things that buyers want".

"Throw in fantastic looks, great quality and the five-year warranty that's standard on all Hyundai models and you have the recipe for excellent residual values," he added.

The i20, which also features "naturally-low running costs", goes on sale across the UK in January priced from £8,195.

According to data compiled by Eurotax Glass's, the recent drop in used car values could be set to stabilise in the new year as supply begins to fall in line with demand.

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