You may have recently seen this advert running in national newspapers, magazines or on poster sites around the country and are wondering how we calculated this rather “unbelievable” figure. Well it’s time to believe, over 12 months or 12,000 miles, the average Volkswagen really does retain an average 10% more of their original value than competitors.
In order to make this a fair comparison we chose several of our most popular models from different categories, in this instance the Golf from the Lower Medium Hatchback sector, the Polo from the Supermini Hatchback sector, the Passat Estate from the Upper Medium Estate Sector and the Passat Saloon from the Upper Medium Saloon, and compared them with equivalent models from Citroen, Fiat, Ford, Honda, Hyundai, Kia, Mazda, Mitsubishi, Nissan, Peugeot, Renault, Seat, Skoda, Suzuki, Toyota and Vauxhall. In order to be fair we have chosen models that have engines with a similar engine capacity and power output, where possible we have also tried to match equal levels of specifications across the models we compare.
We then use an Independent data source: Derwent Management Services to analyse the results. In this calculation we have used Derwent Management Services to forecast the likely depreciation of the vehicles over the course of 12 months (April 2010 to April 2011.) The last step is to compare the models average residual value with comparative competitors residual values and then work out the percentage difference. The last step is to compare the models total running costs with each other and then work out the percentage difference.
We compared all models, doors, transmissions. fuel types and trims of the Volkswagen Polo to all models, doors, transmissions fuel types and trims of the equivalent models within the Supermini Hatchback sector (the Peugeot 206, Peugeot 207, Toyota Aygo, Citroen C2, Renault Clio, Vauxhall Corse, Skoda Fabia, Ford Fiesta, Hyundai Getz, Fiat Grande Punto, Hyundai i10, SEAT Ibiza, Honda Jazz, Ford Ka, Mazda2, Nissan Micra, Suzuki OneSwift and Toyota Yaris)
For the Volkswagen Golf we compared all models, doors, transmissions. fuel types and trims to all models, doors, transmissions fuel types and trims of the equivalent models within the Lower Medium Hatchback sector (the Peugeot 307, Peugeot 308, Vauxhall Astra, Toyota Auris, Fiat Bravo, Citroen C4, Kia C’eed, Honda Civic, Mitsubishi Colt, Ford Focus, Hyundai i30, SEAT Leon, Mazda 3 and Renault Megane.)
For the Volkswagen Passat Saloon we compared all models, doors, transmissions. fuel types and trims to all models, doors, transmissions fuel types and trims of the equivalent models within the Upper Medium Saloon sector (the Peugeot 407, Honda Accord, Toyota Avensis, Citroen C5, Mazda 6, Ford Mondeo and Skoda Superb.)
For the Volkswagen Passat Estate we compared all models, doors, transmissions. fuel types and trims to all models, doors, transmissions fuel types and trims of the equivalent models within the Upper Medium Estate sector (the Peugeot 407, Honda Accord, Toyota Avensis, Citroen C5, Renault Laguna, Mazda 6, Ford Mondeo and Skoda Octavia.)
The selected Volkswagen models (Polo, Golf, Passat Saloon and Passat Estate) retain an average of 69.29% residual value for this period, whilst the competitive models retain an average of 59.65%. Making these Volkswagens retain an average of 9.64% more of their original value than the competitors. We have rounded this number to 10% to achieve a whole number.