VW emissions scandal: your vehicle market expert’s opinion
Source : VW emissions scandal: your vehicle market expert’s opinion
the idea seems in which not even dieselgate can impact residual values of used Volkswagen types
They say the idea takes years to build a reputation in addition to seconds to destroy one, although if residual values are anything to go by, Dieselgate has had little impact on the desirability of VW Group cars, according to What Car? editor Steve Huntingford (pictured below).
Figures show in which Volkswagen types currently retain an average of 42.21% of their original value after three years, down by 2.7% compared with just before the scandal broke. However, across the automotive industry as a whole, there has been a dip in residuals of just over 2%, which suggests the fall inside the value of VWs has more to do with the general state of the used market than any revulsion at the company’s behaviour.
Audi’s residuals have fallen by a similar amount, via an average of 47.58% in July last year to 44.72% a year later, which equates to a drop of 2.9%. Meanwhile, Seat in addition to Skoda have actually outperformed the market, with drops of 0.46% in addition to 0.43% respectively. in which is usually possibly down to the fact in which many people are simply unaware in which these brands are owned by VW in addition to use the same engines
Of course, all of in which is usually bad news for anyone hoping to grab a second-hand bargain although Great news for those who already own a VW Group car — in addition to the idea makes the company’s refusal to offer compensation to its European customers a little easier to swallow.
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