Volvo V60 derivative awarded class-leading residuals
Following its reveal at the 2018 Geneva Motor Show, the Volvo V60 has been awarded class-leading residual values by cap hpi.
The residual values supplier estimates the V60 D3 Momentum derivative will be worth 38.3% of its cost new price after three years and 60,000 miles, putting it ahead of its German rivals.
While this is welcome news for Volvo as a business, it is even better news for the customer as good residual values ultimately translate into lower monthly leasing rates.
“Strong residual values are key to the successful launch of any new car and these figures will make the new V60 very competitive from day one with SMEs and large fleets alike,” explained Steve Beattie, Volvo Car UK’s head of business sales.
Taking pride of place on the stage at Geneva, Volvo revealed the new V60 mid-size premium estate will come with two plug-in hybrid options at launch to reflect its intention to electrify all new Volvo cars from 2019.
In a first for the segment, customers can access the new V60 via Volvo Cars' new premium subscription service which offers car access via a monthly flat-fee subscription rather than ownership.
Underlining the Swedish company's position as a maker of cars that combine good looks with everyday practicality, the all-new V60 shares the same Scalable Product Architecture (SPA) platform as the award-winning new XC60 while introducing a new standard to the mid-size premium estate segment with a luxurious interior, increased levels of space, advanced connectivity, and the latest driver-support systems and safety technology.
The new V60 reinforces Volvo’s stellar reputation for safety, with a comprehensive list of safety features that come as standard, including advanced driver-support systems making the new V60 one of the safest cars on the road.
The Pilot Assist system – which supports the driver with steering, acceleration and braking on well-marked roads up to 80 mph – has been upgraded with improved cornering performance.
The City Safety with Autobrake technology uses automatic braking and detection systems to assist the driver in avoiding potential collisions, and is the only system on the market to recognise pedestrians, cyclists and large animals. In a world first, City Safety now also engages autobraking to mitigate oncoming collisions.
For driver assistance, Volvo’s Sensus infotainment system is fully compatible with Apple CarPlay, Android Auto and 4G, and keeps drivers connected at all times. The system is controlled via an intuitive tablet-style touch screen that combines car functions, navigation, connected services and entertainment apps.
The V60 comes with two plug-in hybrid powertrain options: the new T6 Twin Engine AWD petrol plug-in hybrid which generates a combined 340 HP, or the T8 Twin Engine AWD petrol plug-in hybrid that delivers 390 HP.
The regular petrol choice includes T5 or T6 powertrains. Drivers who prefer diesel can select D3 or D4 engines.
"The family estate driver is an important customer for our business and has been for generations," said Håkan Samuelsson, president and CEO of Volvo Cars. "The new V60 honours that tradition, but also takes it much further."
UK prices for the V60 will start at £31,810 on the road. First customer deliveries are expected in Q3 2018.