EurotaxGlass study: third-generation ŠKODA Octavia Combi’s forecast residual values beat direct competitors in five European countries.
Launched only recently, the new third-generation ŠKODA Octavia Combi already ranks among the estate cars best in retaining their value in Europe, says a current EurotaxGlass study conducted in five European countries. The study compared a total of six compact estate cars with the Octavia Combi achieving forecast future residual values between 49 and 40 per cent after three years, clearly beating its direct competitors.
The study looked at the markets in Germany, the Czech Republic, France, Italy and Great Britain. EurotaxGlass is an international automobile commerce service provider. The eponymous study forecasts newly introduced models’ expected loss in value across brands and is a recognised independent bellwether for cars’ stability in value.
As part of its most recent study, EurotaxGlass compared six compact estate cars: the new ŠKODA Octavia Combi, the Ford Focus Combi, the Hyundai i30 Combi, the Opel Astra Sports Tourer, the Peugeot 308 SW and the Renault Mégane Grandtour. In all five countries, the study predicts the new ŠKODA Octavia Combi will achieve the best residual values compared to the other models after an assumed three years of service and mileage of 90,000 km. Depending on the country, the study forecasts future values for the new ŠKODA Octavia Combi to be between 49 and 40 per cent, which is to say that the new model, which was introduced on European markets in May 2013, scored better even than its direct predecessor generation.
“The new ŠKODA Octavia Combi not only offers space in its most beautiful shape, it is also a car with the highest residual value in its class,” says Werner Eichhorn, ŠKODA board member for sales and marketing. The fact that it came tops in no less than five European markets in the study is just one more proof of this car’s high quality and stability in value, advantages in other words which our private and business customers appreciate so much that they made the second-generation Octavia Combi the bestselling estate car in Europe in 2012,” says Eichhorn.
The study examines criteria such as mileage/CO2 emissions, price-value ratio, quality and reliability. Design and brand aspects also played a role. The new ŠKODA Octavia Combi scores best overall in residual value, achieving 49 per cent in Germany, the brand’s second-strongest market worldwide. Here, the Octavia Combi in “Ambition” trim and with a 110 kW 2.0 TDI engine is second to none, its competitors achieving an average residual value of only 43 per cent. In the Czech Republic, its home market, the ŠKODA Octavia Combi’s residual value is forecast at 45 per cent, a 7 per cent better than its competitors.
Just as does the Octavia saloon, so the new ŠKODA Octavia Combi stands for all of the brand’s good values: a timelessly elegant design, copious space for occupants and their baggage, quality, precise workmanship, lots of “Simply Clever” details, innovative technology and an outstanding price/value ratio. “The new ŠKODA Octavia Combi is a great addition to the compact estate segment and is proving a hit with our customers,” says Werner Eichhorn, board member in charge of sales.
The Octavia Combi has great importance for the brand’s success, having sold 1.3 million since its introduction in 1998. The ŠKODA Octavia Combi is a real bestseller especially in Europe and topped sales rankings for estate cars in Europe in 2012, accounting for 24 per cent of the brand’s total sales in Europe and fully 25 per cent in Western Europe. In Germany, ŠKODA’s largest European markets, the Octavia Combi became the bestselling imported car last year.