European Volvo V40 gets high marks for residual value

(May 15, 2012) The all-new Volvo V40 has received a warm welcome from the fleet industry just as order books open in Europe. Leasing companies and future value guides who have already had detailed previews of the V40 are positive about Volvo's new small five-door hatchback with residual values, demand and desirability all predicted as being strong.

As Selwyn Cooper, National Corporate Operations Manager, Volvo Car UK, explains, it relies more and more on fleet feedback and advice in the final 6-12 months prior to launch. "It is the most important car Volvo has launched in the past 20 years and much of its design, specification and technology has been developed with the company motorist in mind," he said.

Despite these positive reviews, the V40 is not coming to the United States. Volvo officials have been quite clear about their decision. This despite the fact that 2011 was the last year for the V50 wagon in the U.S. making the aging Volvo XC70 the final station wagon in the Swedish Automaker’s North American line-up.



Andrew Mee, Senior Manager Pricing Risk, Lex Autolease said: "We believe the car will be a success, and our residual value forecasts are at a similar level to VW Golf, ahead of the current Audi A3 Sportback, and just behind the new BMW 1 Series.

"The V40 is an attractive model which provides an improved driving experience over any previous Volvo. The suspension offers control without feeling overly firm. Refinement levels are good, complemented by a high quality interior with the usual comfortable Volvo seats," he added.

Highlights include Volvo's pioneering low-speed collision avoidance system, City Safety, plus world-first pedestrian airbag technology, along with Bluetooth handsfree telephone system — fitted as standard on all specifications.

"What makes the car stand out is its very individual looks and it is a fantastic drive, providing true Volvo comfort with an exceptional chassis," said Denis Keenan, Managing Director KeeResources.  "In our terms, it is the most compelling package currently available in the Premium Lower Medium Sector. Add in beautiful build quality, obvious in every aspect of the V40, and the car feels a full rung above the majority of its peers."