Reply To: Q4 News and Updates

#165129
JamesH

    From my understanding some AP’s are related to the cars sell on value at the end of the lease. It is why you see some higher spec models showing a cheaper AP than the lower spec ones. It is easier to sell on a higher specification in the second hand market. Rarely do the lower base models make relative money back.

    An example of this was the Mercedes A class hybrid being cheaper in Premium plus than Premium. I think the GLA had the same thing. Either way the probability of a car selling at good price on the second had market has a bearing on the AP.

    I expect it is why we could see good AP’s on electric cars as they become more and more desirable in the market and keep a good sell on value.